The Sale of Goods Act, 1930 is based on:
A. The English Bill of Exchange Act, 1882
B. The Transfer of Property Act, 1882
C. The English Sale of Goods Act, 1893
D. The Indian Contract Act, 1872
Select an option to see the answer and solution.
Which of the following is not the right of an unpaid seller under Sale of Goods Act, 1930:
A. Right of lien on goods for the price while the goods are in possession of seller
B. Right of stopping the goods in transit, in case of insolvency of buyer
C. Right of resale as limited by the Act
D. Right of withholding delivery where the property in the goods has passed to the buyer
Select an option to see the answer and solution.
Under section 9 of the Sale of Goods Act, 1930, what is a reasonable price is
A. A question of fact
B. A question of law
C. A mixed question of fact and law
D. Only (C) and not (A) or (B)
Select an option to see the answer and solution.
Before the enactment of Sale of Goods Act, the provisions regarding Sale of Goods were contained in:
A. Indian Contract Act, 1872
B. Indian Registration Act, 1908
C. Transfer of Property Act, 1882
D. Indian Partnership Act, 1932
Select an option to see the answer and solution.
Delivery under the Sale of Goods Act means:
A. Transfer of possession from one person to another
B. Voluntary transfer of ownership from one person to another
C. Voluntary transfer of possession from one person to another
D. None of the above
Select an option to see the answer and solution.
Section 59 of the Sale of Goods Act, 1930 authorises the buyer to
A. Claim set off his damages for breach of warranty by the seller in a suit for price of goods of the seller
B. Counter-claim, if the damages are more than the price, the excess in the seller's action for price
C. Bring an independent suit for damages in excess of the amount of price
D. Either (A) or (B) or (c)
Select an option to see the answer and solution.
Future goods' has been defined, in the Sale of Goods Act, 1930, under
A. Section 2(5)
B. Section 2(6)
C. Section 2(7)
D. Section 2(8)
Select an option to see the answer and solution.
The unpaid seller may exercise his right of stoppage in transit
A. By taking actual possession of the goods
B. By giving notice of his claim to the carrier or other bailee in whose possession the goods are
C. By (A) and (B) both
D. By none above
Select an option to see the answer and solution.
Where in a contract for sale of goods there is no express or implied provision as to place of delivery of the goods, under section 36 of the Sale of Goods Act, 1930, the goods would be deemed to have been delivered
A. At the place where they were at the time of sale
B. At the buyer's place
C. At the seller's place
D. At the place away from the seller's place
Select an option to see the answer and solution.
The unpaid seller, under section 47 of the Sale of Goods Act, 1930 can exercise his right of lien
A. When he has parted with the possession of the goods
B. When he is in possession of the goods
C. When he has parted with the possession as well as when he is in possession of the goods
D. And it is immaterial whether he is in possession of the goods or not but the goods must not be in possession of the buyer
Select an option to see the answer and solution.
In a sale of goods by auction
A. A bid can be withdrawn/recalled but the seller cannot withdraw the goods from the auction any time before the fall of the hammer
B. A bid cannot be recalled but the seller can withdraw the goods from the auction any time before the fall of the hammer
C. Neither a bid can be recalled nor the seller can withdraw the goods from the auction any time before the fall of the hammer
D. A bid can be recalled and it is open to the seller to withdraw the goods from the auction at any time before the fall of the hammer
Select an option to see the answer and solution.
In a contract for sale (Under the Sale of Goods Act) the subject matter must primarily be related to
A. Price
B. Guaranty
C. Warranty
D. Goods
Select an option to see the answer and solution.
. . . . . . . . is the concept of "LET THE BUYER BEWARE".
A. Information Center
B. Unfair Trade Practices
C. Caveat Emptor
D. Buyer Kingdom
Select an option to see the answer and solution.
The position of finder of goods is same as that of
A. Bailor
B. Bailee
C. Creditor
D. True owner
Select an option to see the answer and solution.
In a F.O.B. contract, by virtue of section 36(5) of the Sales of Goods Act, 1930
A. The seller must bear all expenses necessary to release the ship owner's lien
B. The seller must pay the freight and insurance charges
C. The seller must bear the expenses upto shipment
D. The seller must pay all charges to be paid to enable the goods to be removed from the deck
Select an option to see the answer and solution.
What is the effect of part delivery of goods made in the progress of delivery of the whole of the goods as
A. Part delivery does not operate as a delivery of remainder
B. Part delivery of the goods cannot be made under the Act
C. Part delivery has the same effect as the delivery of the whole only in case of perishable goods
D. Part delivery has the same effect as the delivery of the whole irrespective of the type of goods unless part delivery is made with intention of severing it from whole
Select an option to see the answer and solution.
In case of sale the seller can sue the buyer for . . . . . . . in case of breach
A. Damages
B. Price
C. Interest
D. Fraud
Select an option to see the answer and solution.
Section 53 of the Sale of Goods Act, 1930 provides that by sub-sale or pledge of goods by the buyer, the unpaid seller's
A. Right of lien is defeated
B. Right of stoppage in transit is defeated
C. Right of lien and the right of stoppage in transit both are defeated
D. Neither the right of lien nor the right of stoppage in transit is defeated
Select an option to see the answer and solution.
Section 39(3) of the Sale of Goods Act, 1930, is applicable where the seller sends the goods to the buyer by a
A. Route involving sea-transit
B. A route involving road-transit
C. A route involving air-transit
D. All the above
Select an option to see the answer and solution.
Under section 61 of the Sale of Goods Act, 1930, the court can award interest
A. At the rate of 6%
B. At the rate of 9%
C. At the rate of 12%
D. At such rate as it thinks fit
Select an option to see the answer and solution.
