Unascertained Goods – NBC Institute

BL – Nov 2011 – L1 – SB – Q3a – Sale of Goods

Identifying three classifications of goods under the Sale of Goods Act.

Question

Explain THREE classifications of goods under the Sale of Goods Act.

Answer

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Tags: Future Goods, Sale of Goods, Specific Goods, Unascertained Goods
Level: Level 1

Topic: Sale of Goods
Series: NOV 2011

BL – Nov 2011 – L1 – SA – Q19 – Sale of Goods

Understanding when property passes in unascertained goods.

Question

Property will not pass in unascertained goods until the goods are ……………………………

Answer

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Tags: Sale of Goods, Transfer of Property, Unascertained Goods
Level: Level 1

Topic: Sale of Goods
Series: NOV 2011

BL – May 2021 – L1 – SB – Q5a – Sale of Goods

Classification and significance of the subject matter under the Sale of Goods Act.

Question

Thabita called Ijeda, a distributor of different brands of cement, and expressed her intention to buy 500 bags of good cement. A notice board in front of Ijeda’s shop has a notice that reads, “Cement for sale at N1,500.” Thabita transferred the sum of N750,000 to Ijeda electronically and called at the latter’s store to collect 500 bags of “Dan” Cement, each of which sells for N2,000. Ijeda’s shop attendant asked Thabita’s assistants to take “Ele” Cement, that sells for N1,500, but Thabita insists that she had paid for 500 bags of “Dan” Cement, which now belong to her.

Required:
i. Applying the Sale of Goods Law/Act, explain the classification of the subject matter of the transaction between Thabita and Ijeda. (2 Marks)

ii. Explain the significance of the classification of the subject matter. (3 Marks)

Answer

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Tags: Contract Law, Sale of Goods, Unascertained Goods
Level: Level 1

Topic: Sale of Goods
Series: MAY 2021

BL – May 2024 – L1 – SA – Q8 – Sale of Goods

Identify the type of goods not identified at the time of contract.

Question

In a sale of goods contract, goods that are not identified and agreed upon at the time of contract are:

A. Generic goods
B. Prospective goods
C. Specific goods
D. Unascertained goods
E. Perishable goods

Answer

Find Related Questions by Tags, levels, etc.

Tags: Contracts, Sale of Goods, Unascertained Goods
Level: Level 1

Topic: Sale of Goods
Series: MAY 2024

BCL – May 2017 – L1 – Q7a – Sale of goods/hire purchase

Differentiate between specific goods and unascertained goods in terms of definition.

Question

a) What is the difference between ‘specific goods’ and ‘unascertained goods’ in terms of definition? (6 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Contract Law, Sale of Goods, Specific Goods, Unascertained Goods
Level: Level 1

Topic: Sale of goods/hire purchase
Series: MAY 2017

BCL – Nov 2018 – L1 – Q2c – Sale of Goods/high purchased

Determine when property in goods passes from the seller to the buyer in a sale of goods contract.

Question

In a contract of sale of goods, at what time will property in the goods pass from the seller to the buyer? (8 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Legal Ownership, Property Transfer, Sale of Goods, Unascertained Goods
Level: Level 1

Topic: Sale of goods/hire purchase
Series: NOV 2018

BL – Nov 2011 – L1 – SB – Q3a – Sale of Goods

Identifying three classifications of goods under the Sale of Goods Act.

Question

Explain THREE classifications of goods under the Sale of Goods Act.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Future Goods, Sale of Goods, Specific Goods, Unascertained Goods
Level: Level 1

Topic: Sale of Goods
Series: NOV 2011

BL – Nov 2011 – L1 – SA – Q19 – Sale of Goods

Understanding when property passes in unascertained goods.

Question

Property will not pass in unascertained goods until the goods are ……………………………

Answer

Find Related Questions by Tags, levels, etc.

Tags: Sale of Goods, Transfer of Property, Unascertained Goods
Level: Level 1

Topic: Sale of Goods
Series: NOV 2011

BL – May 2021 – L1 – SB – Q5a – Sale of Goods

Classification and significance of the subject matter under the Sale of Goods Act.

Question

Required:
i. Applying the Sale of Goods Law/Act, explain the classification of the subject matter of the transaction between Thabita and Ijeda. (2 Marks)

ii. Explain the significance of the classification of the subject matter. (3 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Contract Law, Sale of Goods, Unascertained Goods
Level: Level 1

Topic: Sale of Goods
Series: MAY 2021

BL – May 2024 – L1 – SA – Q8 – Sale of Goods

Identify the type of goods not identified at the time of contract.

Question

In a sale of goods contract, goods that are not identified and agreed upon at the time of contract are:

A. Generic goods
B. Prospective goods
C. Specific goods
D. Unascertained goods
E. Perishable goods

Answer

Find Related Questions by Tags, levels, etc.

Tags: Contracts, Sale of Goods, Unascertained Goods
Level: Level 1

Topic: Sale of Goods
Series: MAY 2024

BCL – May 2017 – L1 – Q7a – Sale of goods/hire purchase

Differentiate between specific goods and unascertained goods in terms of definition.

Question

a) What is the difference between ‘specific goods’ and ‘unascertained goods’ in terms of definition? (6 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Contract Law, Sale of Goods, Specific Goods, Unascertained Goods
Level: Level 1

Topic: Sale of goods/hire purchase
Series: MAY 2017

BCL – Nov 2018 – L1 – Q2c – Sale of Goods/high purchased

Determine when property in goods passes from the seller to the buyer in a sale of goods contract.

Question

In a contract of sale of goods, at what time will property in the goods pass from the seller to the buyer? (8 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Legal Ownership, Property Transfer, Sale of Goods, Unascertained Goods
Level: Level 1

Topic: Sale of goods/hire purchase
Series: NOV 2018

Question Tag: Unascertained Goods

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BL – Nov 2011 – L1 – SB – Q3a – Sale of Goods

Identifying three classifications of goods under the Sale of Goods Act.

BL – Nov 2011 – L1 – SA – Q19 – Sale of Goods

Understanding when property passes in unascertained goods.

BL – May 2021 – L1 – SB – Q5a – Sale of Goods

Classification and significance of the subject matter under the Sale of Goods Act.

BL – May 2024 – L1 – SA – Q8 – Sale of Goods

Identify the type of goods not identified at the time of contract.

BCL – May 2017 – L1 – Q7a – Sale of goods/hire purchase

Differentiate between specific goods and unascertained goods in terms of definition.

BCL – Nov 2018 – L1 – Q2c – Sale of Goods/high purchased

Determine when property in goods passes from the seller to the buyer in a sale of goods contract.

BL – Nov 2011 – L1 – SB – Q3a – Sale of Goods

Identifying three classifications of goods under the Sale of Goods Act.

BL – Nov 2011 – L1 – SA – Q19 – Sale of Goods

Understanding when property passes in unascertained goods.

BL – May 2021 – L1 – SB – Q5a – Sale of Goods

Classification and significance of the subject matter under the Sale of Goods Act.

BL – May 2024 – L1 – SA – Q8 – Sale of Goods

Identify the type of goods not identified at the time of contract.

BCL – May 2017 – L1 – Q7a – Sale of goods/hire purchase

Differentiate between specific goods and unascertained goods in terms of definition.

BCL – Nov 2018 – L1 – Q2c – Sale of Goods/high purchased

Determine when property in goods passes from the seller to the buyer in a sale of goods contract.

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BL – Nov 2011 – L1 – SB – Q3a – Sale of Goods

Identifying three classifications of goods under the Sale of Goods Act.

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BL – Nov 2011 – L1 – SA – Q19 – Sale of Goods

Understanding when property passes in unascertained goods.

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BL – May 2021 – L1 – SB – Q5a – Sale of Goods

Classification and significance of the subject matter under the Sale of Goods Act.

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BL – May 2024 – L1 – SA – Q8 – Sale of Goods

Identify the type of goods not identified at the time of contract.

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BCL – May 2017 – L1 – Q7a – Sale of goods/hire purchase

Differentiate between specific goods and unascertained goods in terms of definition.

You're reporting an error for "BCL – May 2017 – L1 – Q7a – Sale of goods/hire purchase"

BCL – Nov 2018 – L1 – Q2c – Sale of Goods/high purchased

Determine when property in goods passes from the seller to the buyer in a sale of goods contract.

You're reporting an error for "BCL – Nov 2018 – L1 – Q2c – Sale of Goods/high purchased"

BL – Nov 2011 – L1 – SB – Q3a – Sale of Goods

Identifying three classifications of goods under the Sale of Goods Act.

You're reporting an error for "BL – Nov 2011 – L1 – SB – Q3a – Sale of Goods"

BL – Nov 2011 – L1 – SA – Q19 – Sale of Goods

Understanding when property passes in unascertained goods.

You're reporting an error for "BL – Nov 2011 – L1 – SA – Q19 – Sale of Goods"

BL – May 2021 – L1 – SB – Q5a – Sale of Goods

Classification and significance of the subject matter under the Sale of Goods Act.

You're reporting an error for "BL – May 2021 – L1 – SB – Q5a – Sale of Goods"

BL – May 2024 – L1 – SA – Q8 – Sale of Goods

Identify the type of goods not identified at the time of contract.

You're reporting an error for "BL – May 2024 – L1 – SA – Q8 – Sale of Goods"

BCL – May 2017 – L1 – Q7a – Sale of goods/hire purchase

Differentiate between specific goods and unascertained goods in terms of definition.

You're reporting an error for "BCL – May 2017 – L1 – Q7a – Sale of goods/hire purchase"

BCL – Nov 2018 – L1 – Q2c – Sale of Goods/high purchased

Determine when property in goods passes from the seller to the buyer in a sale of goods contract.

You're reporting an error for "BCL – Nov 2018 – L1 – Q2c – Sale of Goods/high purchased"

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