Assertion (A) : “Goods” means every kind of movable property including actionable claims and money and excludes stock and shares, growing crops, grass and things attached to or forming part of the land which are agreed to be severed before sale or under the contract of sale.
Reason (R) : Above principle is laid down in Section 2 (7) of the Sale of Goods Act.
Code :
Goods Definition Assertion (A) Analysis
The assertion defines "Goods" as movable property, including actionable claims and money, while excluding stock, shares, growing crops, grass, and things attached to land if agreed to be severed before sale.
However, Section 2(7) of the Sale of Goods Act, 1930, defines "goods" as every kind of movable property other than actionable claims and money. It explicitly includes stock and shares, growing crops, grass, and things attached to land that are agreed to be severed before sale or under the contract of sale.
Therefore, the definition provided in Assertion (A) contradicts the statutory definition. Assertion (A) is wrong.
Sale of Goods Act Reason (R) Analysis
The reason claims that the principle stated in Assertion (A) is laid down in Section 2(7) of the Sale of Goods Act.
Since the definition in Assertion (A) is factually incorrect and deviates from the actual provisions of Section 2(7), the reason is also incorrect. Reason (R) is wrong.
MCQ Conclusion: Both Assertion & Reason Wrong
Based on the analysis, both Assertion (A) and Reason (R) are incorrect.
This corresponds to Option 2: Both (A) and (R) are wrong.
Important Questions from Sale of Goods Act, 1930 - Teaching
- Where there is an unconditional contract for the sale of specific goods in a deliverable state, the property (ownership) in goods passes to the buyer when
- Which of the following statement is correct ?
- Which of the following statement is correct ?
- Match List – I with List – II and select the correct answer using codes given below :
List – I List – II (a) Goods in sale of goods (i) Bhopal Sugar Industries Ltd. V. STO (b) Consideration for a sale of goods (ii) Instalment Supply Ltd. V. STO (c) Sale and agreement to sale (iii) R.D. Goyal V. Reliance Industries Ltd. (d) Difference between contract of sale and contract of agency (iv) Aldridge V. Johnson
