Contract of Sale under section 4 of the Sale of Goods Act, 1930 comprises of
A. Executory contract of sale
B. Executed contract of sale
C. Both executory and executed contracts of sale
D. Only (A) and not (B)
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The sale of Goods Act enforces in the year
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Condition as to quality or fitness has been provided in the Sale of Goods Act, 1930, under
A. Section 15
B. Section 16
C. Section 17
D. Section 18
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Section 9 of the Sale of Goods Act, 1930 provides for fixing the price of goods
A. By the contract itself
B. In the manner agreed upon by the parties
C. In the course of dealing between the parties
D. Either (A) or (B) or (C)
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In which of the following cases the right of lien is lost by the unpaid seller,
A. Where the seller's agent in possession of goods attoms to the buyer
B. Where the buyer is in possession of goods as seller's bailee and the sale is completed
C. Where the buyer obtains the possession of the goods in his own right
D. All the above
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In the case of it was held that lottery tickets are good and not actionable claims. Thus, sale of lottery tickets is sale of goods,
A. H. Anraj v. Government of Tamil Nadu, (AIR 1986 SC 63)
B. U. P. Co-operative Cane Unions Federation v. West U. P. Sugar Mills Association, (AIR 2004 SC 3697)
C. Commissioner of Sales Tax v. Madhya Pradesh Electricity Board, (AIR 1970 SC 732)
D. None of the above
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Under section 8 of the Sale of Goods Act, 1930, the contract becomes
A. Void ab initio
B. Avoided from the date of perishing of goods
C. Avoided from the date of knowledge of goods having been perished
D. Only (A) and not (B) or (C)
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Choose the most appropriate option out of the following in respect to return of rejected goods by the buyer:
A. Buyer is not bound to return any type of rejected goods, having right to do so, if he intimates to the seller that he refuses to accept the same
B. Buyer is bound to return all types of rejected goods
C. Buyer is bound to return only those rejected goods which are perishable
D. Buyer is bound to return only those rejected goods which are sold by description
Select an option to see the answer and solution.
When is the sale by mercantile agent who is in the possession of the goods or documents of the title to the goods not valid:
A. When the mercantile agent acts in the ordinary course of business
B. When the buyer is acting in good faith and
C. When the buyer acts in good faith and has notice that the seller has no authority to sell at the time of the contract of sale
D. When the owner has expressly authorised the act
Select an option to see the answer and solution.
The essence of sale of goods lies in:
A. Transfer of possession from buyer to seller
B. Acquisition of possession by the buyer from the seller
C. Transfer of property in goods from seller to buyer
D. Payment of money or exchange of some articles
Select an option to see the answer and solution.
A contract for sale of goods, under section 54 of the Sale of Goods Act, 1930, ipso facto
A. Stands rescinded by the exercise of right of lien by the unpaid seller
B. Stands rescinded by the exercise of right of stoppage in transit by the unpaid seller
C. Stands rescinder by the exercise of either the right of lien or the right of stoppage in transit by the unpaid seller
D. Does not stand rescinded by the exercise of the right of lien or the right of stoppage in transit by the unpaid seller
Select an option to see the answer and solution.
A contract of sale under section 4 of the Sale of Goods Act, 1930
A. May be absolute
B. May be conditional
C. Either (A) or (B)
D. Only (A) and not (B)
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Under section 13(2) of the Sale of Goods Act, 1930, the law presumes a waiver of condition
A. Where the buyer has accepted the goods in part under a non-severable contract
B. Where the contract is for specific goods, the property in which has passed to the buyer
C. Either (A) or (B)
D. Only (A) and not (B)
Select an option to see the answer and solution.
Where the goods are to be delivered in future and the seller becomes insolvent before any appropriation is made
A. The property in goods passes to the buyer and the buyer acquires interest in the goods
B. The property in goods does not pass to the buyer and the buyer acquires no interest in the goods
C. The property in goods passes but the buyer does not acquire any interest in the goods
D. The property in goods does not pass but the buyer acquires interest in the goods
Select an option to see the answer and solution.
Where the seller re-sells the goods without notice of his intention to re-sell to the buyer, the subsequent buyer
A. Acquires a good title
B. Acquires a good title only when the first buyer ratifies the sale
C. Does not acquire a good title
D. Acquires a good title but subject to the right of the first buyer against him
Select an option to see the answer and solution.
Under Section 19 of the Sale of Goods Act, 1930 property passes when
A. Directed by the law
B. Intended by the party to pass
C. Directed by the society
D. None of the above
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Under sub-section (2) of section 30 of the Sale of Goods Act, 1930, the buyer in possession of goods can pass a valid title to the subsequent buyer
A. If the possession of the property is obtained by the buyer with the consent of the seller and that consent has not been subsequently withdrawn
B. If the possession of the property is obtained by the buyer with the consent of the seller, it is immaterial that the consent was subsequently withdrawn
C. Both A and B
D. None of the above
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Where the goods have not been appropriated to the contract and there is a re-sale of goods under section 54 of the Sale of Goods Act, 1930, the measure of damages on re-sale shall be
A. The difference between the contract price and the market price on the date of breach
B. The difference between the contract price and the price realised on re-sale
C. The difference between the contract price and the market price on the date of breach or the price realised whichever is lower
D. The difference between the contract price and the market price on the date of breach or the price realised whichever is higher
Select an option to see the answer and solution.
Under Section 63 of Sale of Goods Act, 1930 'Reasonable time' is a . . . . . . .
A. Question of law
B. Question of fact
C. Mixed question of law and fact
D. Either (A) or (C)
E. None of these
Select an option to see the answer and solution.
The right of lien is available to the unpaid seller, under section 47 of the Sale of Goods Act, 1930, when he is in possession of goods
A. In his own right
B. As an agent of the buyer
C. As a bailee for the buyer
D. Either (A) or (B) or (C)
Select an option to see the answer and solution.