. . . . . . . can be a subject matter of sale of goods Act
A. Trademark
B. Patent
C. Goodwill
D. All of the above
Select an option to see the answer and solution.
Whether a given contract is one of sale or some other kind of contract, in respect of goods, it is a question of
A. Form
B. Substance
C. Terminology
D. Both form and substance
Select an option to see the answer and solution.
"Mercantile" agent means the person
A. Who sell goods, or consigns for the purpose of sell, or buy goods or raise money on security of goods
B. Who only sell or purchase
C. Who only consign goods
D. Who only transfer goods
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Conditions and warranties in a contract may be
A. Express
B. Implied
C. Express or Implied
D. None of the above
Select an option to see the answer and solution.
The term '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 (8)
Select an option to see the answer and solution.
What is a 'reasonable time', by virtue of section 63 of the Sale of Goods Act, 1930, is a
A. Question of law
B. Question of fact
C. Mixed question of law and fact
D. Either (B) or (C)
Select an option to see the answer and solution.
The right of lien, under section 47 of the Sale of Goods Act, 1930, can be exercised by the unpaid seller on failure of the buyer in paying the price
A. During his solvency
B. On account of his insolvency
C. Either (A) or (B)
D. Only (B) and not (A)
Select an option to see the answer and solution.
Can the agreement be avoided when there is an agreement to sell specific goods but subsequently the goods perish or become so damaged without any fault of the seller or buyer:
A. It can be avoided by the parties
B. It can't be avoided by the parties
C. It can be avoided only with the approval of Court
D. It can be avoided only if there is a contract in this regard between the parties
Select an option to see the answer and solution.
Section 55(2) of the Sale of Goods Act, 1930, applies where
A. The delivery of goods to the buyer has taken place
B. The delivery of goods to the buyer has not taken place
C. Either (A) or (B)
D. Neither (A) nor (B)
Select an option to see the answer and solution.
Which of the following statement is correct?
A. Notwithstanding any express contract the seller of goods is not bound to deliver them until the buyer applies for delivery
B. A part from any express contract, the seller of goods is not bound to deliver them until the buyer applies for delivery
C. A part from any express contract the seller of goods is bound to deliver them until the buyer applies for delivery
D. A part from any express contract, the buyer of goods is bound to deliver them when the seller applies for delivery
Select an option to see the answer and solution.
As per section 41, the buyer must have the reasonable opportunity to examine the goods for the purpose of ascertaining;
A. The goods are in a deliverable state
B. The goods are of merchantable quality
C. The goods are in conformity with the contract
D. All of the above
Select an option to see the answer and solution.
According to Section 12 (3) of the Act, a 'warranty' in a contract is a:
A. A stipulation essential to the main purpose of the contract, the breach of which gives rise to a right to treat the contract as repudiated
B. A stipulation collateral to the main purpose of the contract, the breach of which gives rise to a claim for damages but not to a right to reject the goods and treat the contract as repudiated
C. A stipulation collateral to the main purpose of the contract, the breach of which gives rise to a right to treat the contract as repudiated
D. None of the above
Select an option to see the answer and solution.
'Delivery' within the meaning of section 2(1) of the Sale of Goods Act, 1930, can be
A. Actual
B. Constructive
C. Symbolic
D. Either (A) or (B) or (C)
Select an option to see the answer and solution.
In a conditional contract of sale of goods under section 4 of the Sale of Goods Act, 1930, the conditions
A. Has to be contingent
B. Has to be promissory
C. May be either contingent or promissory
D. Only promissory and not contingent
Select an option to see the answer and solution.
Choose the most appropriate option in respect of a Sale which is not generally rescinded by lien or stoppage in transit:
A. A contract of sale is rescinded by the exercise of an unpaid seller's right of lien or stoppage of lien
B. Where an unpaid seller who has exercised his right of lien or stoppage in transit resells the goods, the buyer of such goods does not acquire a good title thereto as against the original buyer
C. Where the seller resells the goods in case of buyer's default the original contract of sale is not rescinded
D. Where the unpaid seller who has exercised his right of lien or stoppage in transit gives notice to buyer ofhis intention to resell, the unpaid seller may resell the goods within a reasonable time and recover damages incurred due to his breach of the contract from the original buyer
Select an option to see the answer and solution.
Goods' means every kind of . . . . . . . Property
A. Sellable
B. Immovable
C. Existing
D. Movable
Select an option to see the answer and solution.
The term 'specific goods' has been defined under the Sale of Goods Act, 1930 in
A. Section 2(12)
B. Section 2(14)
C. Section 2(8)
D. Section 2(10)
Select an option to see the answer and solution.
When the seller has obtained possession of goods under a voidable contract, what title does the buyer acquire when the goods are passed under the contract of sale:
A. Buyer acquires good title to the goods if he acts in good faith though he had notice of seller's defect of title
B. Buyer acquires good title to the goods if he had no notice of seller's defect of title though he did not act in good faith
C. Buyer does not acquire a good title to the goods even though he acts in good faith and without notice of seller's defect of title
D. Buyer acquires good title to the goods if he acts in good faith and without notice of seller's defect of title
Select an option to see the answer and solution.
Under section 2(2) of the Sale of Goods Act, 1930, 'delivery' means
A. Gratuitous transfer of possession from one person to another
B. Involuntary transfer of possession from one person to another
C. Voluntary transfer of possession from one person to another
D. Transfer of possession irrespective of whether it is gratuitous, involuntary or voluntary, from one person to another
Select an option to see the answer and solution.
Under section 54(3) of the Sale of Goods Act 1930, on re-sale of goods by the seller, the subsequent buyer acquires a good title in case of
A. A valid sale
B. A wrongful re-sale
C. A valid re-sale as well as wrongful re-sale
D. Only a valid re-sale and not a wrongful resale
Select an option to see the answer and solution.