CMA Foundation · Fundamentals of Business Laws and Business Communication · Sale of Goods Act, 1930
Which of the following statements about the Sale of Goods Act, 1930 is correct as per its text?
The Act extends to the whole of India. The exclusion of Jammu and Kashmir was omitted in 2019, the word Indian was dropped from the title in 1963, and the Act came into force on 1 July 1930.
- AIt extends to the whole of IndiaCorrect
- BIt extends to India except the State of Jammu and Kashmir
- CIt came into force on 1 July 1931
- DIt is called the Indian Sale of Goods Act, 1930
Explanation
Section 1 states the Act extends to the whole of India, as the words excluding Jammu and Kashmir were omitted in 2019. It came into force on 1 July 1930, and the word 'Indian' was omitted from the title in 1963.
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