ACC307 TMA4 Questions and Solutions : “A contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a money consideration called the price” is known as what? Posted on:
ACC307 TMA4 Questions and Solutions : A voluntary and gratuitous transfer of any property from one person to another is known as what? Posted on:
ACC307 TMA4 Questions and Solutions : A transaction under which goods are delivered by one party (the bailor) to another (the bailee), on certain specified terms, which generally provide that the bailee is to have possession of the goods and subsequently redeliver then to the bailor in accordance with his instruction is known as what? Posted on:
ACC307 TMA4 Questions and Solutions : Goods that are owned and possessed by the seller at the time of contract are known as what? Posted on:
ACC307 TMA4 Questions and Solutions : A contract of Hire is synonymous with Hire-Purchase. Justify this assertion. Posted on:
ACC307 TMA4 Questions and Solutions : Goods not yet in existence, and goods in existence but not yet acquired by the seller at the point of making the contract are known as what? Posted on:
ACC307 TMA4 Questions and Solutions : Goods identified and agreed upon at the time the contract of sale was made are known as what? Posted on:
ACC307 TMA1 Questions and Solutions : In which case was a judicial definition of consideration given? Posted on:
ACC307 TMA1 Questions and Solutions : What occurs when the offeree indicates his intention and willingness to take up the offer and decides to be bound by the terms of the offer? Posted on:
ACC307 TMA1 Questions and Solutions : Who are those saddled with the responsibility of making Statutes? Posted on:
ACC307 TMA1 Questions and Solutions : Laws passed by the Legislative body during the colonial era are referred to as ……………..? Posted on: