Multiple Choice Questions on Which of the below said is not included in goods as per Sale of goods Act 1930 ........ for IBPS (PO/SO) Preparation

Sale of Goods Act

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    Which of the below said is not included in goods as per Sale of goods Act 1930

    forming part of the land

    Incorrect Answer

    stocks

    Incorrect Answer

    Actionable claims

    Correct Answer

    crop

    Incorrect Answer
    Explanation:

    Correct Option: 3

    As per the Sale of Goods Act, 1930, actionable claims are not included under the definition of "goods." The Act defines "goods" as every kind of movable property, excluding actionable claims and money. Actionable claims refer to a claim to any debt or a right to any money or property that can be enforced through legal action, but it does not fall under the category of goods. Therefore, while stocks, crops, and property forming part of the land (if agreed to be severed before the sale) can be classified as goods, actionable claims are excluded from this definition.


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