Asked by Camri Baldwin on Jul 13, 2024

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To which of the following transactions would the Sale of Goods Act apply?

A) The oral lease of an apartment for less than two years
B) A heart transplant operation
C) The sale of an office building
D) The sale of shares in a corporation
E) The sale of a puppy to be given as a present by the buyer

Office Building

A structure designed primarily for hosting professional or administrative services and businesses.

Oral Lease

A verbal agreement between a landlord and tenant regarding the rental of property, which may be legally binding but harder to enforce than a written lease.

  • Attain knowledge on the scope and practice of the Sale of Goods Act.
  • Determine the specific contracts and transactions that the Sale of Goods Act encompasses.
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Verified Answer

JH
Jinan HoujeijJul 18, 2024
Final Answer :
E
Explanation :
The Sale of Goods Act applies to transactions involving the sale of goods, where goods are defined as movable property. The sale of a puppy falls under this category as it involves the transfer of ownership of a movable item from the seller to the buyer. The other options do not fit this definition: leases involve the rental of property rather than a sale, a heart transplant is a service, the sale of an office building involves real estate, and the sale of shares involves securities, not goods.