Correct option is A
Under Section 20 of the Sale of Goods Act, 1930, when there is an unconditional contract for the sale of specific goods in a deliverable state, the property (ownership) in the goods passes to the buyer when the contract is made, regardless of whether the payment or delivery is yet to occur.
· Specific Goods: Goods identified and agreed upon at the time of the contract.
· Deliverable State: Goods are ready to be handed over without any further work required.
Information Booster:
Conditions for Ownership Transfer:
1. The goods must be specific.
2. The contract must be unconditional.
3. The goods must be in a deliverable state.
Additional Knowledge:
· (b) Payment is made: Ownership is not dependent on payment unless explicitly agreed.
· (c) Goods are delivered: Delivery indicates possession transfer, not necessarily ownership.
· (d) Goods are dispatched: Dispatch is part of the delivery process and does not affect ownership transfer unless specified.