

Understanding Sales of Goods
Flashcard
•
Social Studies
•
KG
•
Practice Problem
•
Hard
Wayground Content
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10 questions
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1.
FLASHCARD QUESTION
Front
What is the Sales of Goods Act?
Back
The Sales of Goods Act regulates the sale of goods and defines the rights and duties of buyers and sellers.
2.
FLASHCARD QUESTION
Front
Who does the Sales of Goods Act protect?
Back
The Sales of Goods Act protects buyers and sellers.
3.
FLASHCARD QUESTION
Front
What is a 'good' in the Sales of Goods Act?
Back
A 'good' is tangible movable property that can be bought or sold.
4.
FLASHCARD QUESTION
Front
Can you return a good if it is faulty?
Back
Yes, you can return a faulty good.
5.
FLASHCARD QUESTION
Front
What does 'warranty' mean in sales?
Back
A warranty is a guarantee that a product will perform as promised for a certain period.
6.
FLASHCARD QUESTION
Front
What is a 'contract' in simple terms?
Back
A contract is a legal agreement between parties.
7.
FLASHCARD QUESTION
Front
Why is it important to have a receipt?
Back
It is important to have a receipt for proof of purchase and for tracking expenses.
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