Answered: and does not pay any money?

Business

Management

and does not pay any money?

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

A, agrees to deliver his old CTV for Rs. 30,000 to B, an electronic dealer, in exchange for

new CTV and agrees to pay the difference in cash. Is it a valid contract of sale? What would be

your answer if he exchanges old CTV against the new CTV and does not pay any money?

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