Question

The expression ‘Mercantile Agent’ given under Section 178 of the Indian Contract Act 1872 has the same meaning as assigned under:

• A. The General Clauses Act 1897
• B. The Transfer of Property Act 1882
• C. The Sale of Goods Act 1930
• D. The Indian Partnership Act 1932

Answer 1

The Correct Option is C

The term ’Mercantile Agent’ as defined under Section 178 of the Indian Contract Act 1872 corresponds to the definition provided under The Sale of Goods Act 1930.