Sale of Goods Act, 1930MCQQuestion 5805 of 6
All Questions

What is the effect of a contract of sale being conditional upon a condition subsequent?

Options

AThe contract is voidable at the option of the buyer
BThe contract is voidable at the option of the seller
CThe contract is terminated automatically if the condition is not fulfilled
DThe contract remains in force unless the condition is fulfilled
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Correct Answer

✅ Option C — The contract is terminated automatically if the condition is not fulfilled

All Options:

  • AThe contract is voidable at the option of the buyer
  • BThe contract is voidable at the option of the seller
  • CThe contract is terminated automatically if the condition is not fulfilled ✓
  • DThe contract remains in force unless the condition is fulfilled

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Detailed Solution & Explanation

A condition subsequent is a condition that is attached to a contract and which, if not fulfilled, will automatically bring the contract to an end. Section 30 of the Sale of Goods Act, 1930 provides that if a contract of sale is subject to a condition to be fulfilled by one of the parties, the contract shall be avoided if the condition is not fulfilled.
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More Questions from Sale of Goods Act, 1930

Which of the following is a condition implied by law in a contract of sale?

What is the difference between a 'sale' and an 'agreement to sell' under the Sale of Goods Act, 1930?

Explain the provisions of the Sale of Goods Act, 1930 related to the implied warranties in a contract of sale. What are the different types of implied warranties and what are their implications on the sellers and buyers?

What are the legal provisions related to the transfer of ownership of goods in a contract of sale under the Sale of Goods Act, 1930? What are the different modes of transfer of ownership and what are their implications on the sellers and buyers?

Discuss the concept of 'unsold goods' under the Sale of Goods Act, 1930. What are the legal implications of unsold goods on the sellers and buyers? What are the different scenarios in which the goods may remain unsold?

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