The law by which a seller transfers the property in goods to a buyer at an agreed price is the

Assessment: WAEC SSCE - Commerce - 2022 (Objective) Subject: Commerce

Question 1 Report

The law by which a seller transfers the property in goods to a buyer at an agreed price is the 
Answer Details
The law by which a seller transfers the property in goods to a buyer at an agreed price is the Sale of Goods Act. This act provides legal protection to buyers and sellers in the exchange of goods. It defines the terms and conditions of the sale, such as the price, quantity, quality, and delivery of the goods. It also outlines the rights and obligations of both the buyer and the seller in the transaction, such as the right to inspection and the right to reject faulty goods. Overall, the Sale of Goods Act helps ensure fair and smooth transactions between buyers and sellers.

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