Question

Select the incorrect statement about sale and contract of sale:

• A. A sale involves transfer of ownership whereas contract of sale is an agreement to sell
• B. Ownership remains vested in the vendor on contract of sale
• C. A sale creates a right in personam whereas contract of sale creates right in rem
• D. Legal title passes to the purchaser in sale whereas no such title passes in case of contract of sale

Answer 1

The Correct Option is C

The correct option is (C): A sale creates a right in personam whereas contract of sale creates right in rem