An agreement to sell will become a sale in . . . . . . .
A. Future date
B. Immediate effect
C. 30 days
D. None of the above
Select an option to see the answer and solution.
The burden of proving that the transfer of documents of title to the goods, under the proviso to section 53(1) of the Sale of Goods Act, 1930, has been made in good faith and for consideration is
A. On the subsequent buyer
B. On the first buyer
C. On the original seller
D. On the subsequent seller
Select an option to see the answer and solution.
Under Section 23 of the Sales of Goods Act, 1930 for passing of property in oods:
A. The buyer is to do something for ascertaining the price
B. The goods must be in a deliverable state
C. The seller is to do something to put the goods in a deliverable state
D. All of the above
Select an option to see the answer and solution.
Section 57 of the Sale of Goods Act, 1930 entitles
A. The buyer to claim damages from the seller for non-delivery of goods
B. The buyer to ask the seller for specific performance of the contract
C. The seller to claim damages from the buyer for non-acceptance of the goods
D. The buyer to treat breach of condition as a breach of warranty
Select an option to see the answer and solution.
In case of agreement to sell 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 2(1) of Sale of Goods Act defines 'buyer' as:
A. Person who buys goods and services
B. Person who agrees to buy goods
C. Person who buys or agrees to buy goods
D. Person who buys or agrees to buy goods and services
Select an option to see the answer and solution.
The exception, provided under section 16(1) of the Sale of Goods Act, 1930, to the rule of 'caveat emptor' is not applicable where
A. The goods are in case and the buyer has the opportunity to inspect the same but not actually inspected the same
B. The goods are in case and the buyer has actually inspected them
C. The goods are not in case and the buyer has no opportunity to inspect the same
D. Neither (A) nor (B) or (C)
Select an option to see the answer and solution.
. . . . . . . . and . . . . . . . . are the two parties involved in Contract of sale
A. Seller & Buyer
B. Agent & Principle
C. Customer & Sales man
D. Customer and supplier
Select an option to see the answer and solution.
Goods are said to be in a 'deliverable state' where
A. They are in good condition
B. They are in reasonable condition
C. They have been delivered on time
D. The buyer is bound to take their delivery under contract
Select an option to see the answer and solution.
If any person has been supplied with necessaries and he is not competent to contract due to lunacy, the reasonable price of those things can be recovered from him under the
A. Sale of Goods Act
B. Specific Relief Act
C. Contract Act
D. Equity
Select an option to see the answer and solution.
If there is a contract for sale of a specific or ascertained goods, the property in them is transferred to the buyer at such time as the
A. Parties to the contract intend it to be transferred
B. Law provides it to be transferred
C. Court permits it to be transferred
D. Only the buyer intends it to be transferred
Select an option to see the answer and solution.
For part delivery of goods to be the delivery of the whole, under section 34 of the Sale of Goods Act, 1930
A. The part delivery must be with intention of severing it from the whole
B. The part delivery must be in progress of the delivery of the whole
C. Either (A) or (B)
D. Both (A) and (B)
Select an option to see the answer and solution.
The measure of damages for the purposes of section 56 of the Sale of Goods Act, 1930 is
A. The difference between the contract price and the lowest price on the date of breach of the contract
B. The difference between the contract price and the market price on the date of breach of the contract
C. The difference between the contract price and the closing price of the immediately previous date of the breach of the contract
D. The difference between the contract price and the highest price on the immediately previous date of the breach of the contract
Select an option to see the answer and solution.
Which of the following are not goods within the meaning of section 2(7) of the Sale of Goods Act, 1930
A. Jubilee coins
B. Coins of antiquity
C. Current coins sold as curiosity
D. None of the above
Select an option to see the answer and solution.
The burden of proving that the breach of contract falls within the principle de minimis non curat lex, is on
A. The party seeking to excuse the breach
B. The party seeking to assail the breach
C. Both (A) and (B)
D. Either (A) or (B)
Select an option to see the answer and solution.
Section 54 of the Sale of Goods Act, 1930, provides for the unpaid seller's
A. Right of lien
B. Right of stoppage in transit
C. Right of re-sale
D. All the above
Select an option to see the answer and solution.
What are the requisites of contract of sale:
A. An Offer and delivery of goods
B. An Offer to buy or sell goods, for a price and its acceptance
C. An Offer, delivery, possession and acceptance
D. An Offer, price, delivery and acceptance
Select an option to see the answer and solution.
If a transfer of title in goods from one person to the other is brought about under statutory compulsion, it will, within the meaning of the Sale of Goods Act, 1930
A. Be no sale at all
B. Always be a sale
C. Depend on the facts of each case and terms of the particular statute regulating the dealings whether there can be contract of sale
D. Only (B) and not (A) or (C)
Select an option to see the answer and solution.
In case of a contract of delivery of goods in instalments and price payable on complete delivery, the right of lien is not available
A. From the very beginning and the buyer can claim delivery of all the instalments
B. On buyer becoming insolvent before the delivery of all instalments
C. Both (A) and (B)
D. Neither (A) nor (B)
Select an option to see the answer and solution.
Section 23 of the Sale of Goods Act, 1930, applies to a contract for sale of unascertained goods
A. By sample
B. By patent or other trade name
C. By description
D. By sample as well as by description
Select an option to see the answer and solution.