The Sale of Goods Act, 1930 came into force on
A. 1st April, 1930
B. 1st July, 1930
C. 1st December, 1930
D. 31st January, 1931
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In case a buyer buys a mobile phone from the finder of the phone without knowledge of such defect in title and the defect is later discovered:
A. The buyer would lose his title in the good
B. The buyer would be entitled to retain the good purchased
C. The buyer would be required to return the good to the real owner and recover the consideration of the sale from his seller
D. Any dispute regarding the title would be required to be settled between the seller and the person claiming ownership over the good
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X purchases a car from Y. After 6 months, Z, the true owner of the car, demanded it from X. X had to return it to its true owner. X was entitled to recover the full price even though several months have passed. This is an example of:
A. Condition as to description
B. Condition as to sample
C. Condition as to title
D. Condition as to fitness
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In a contract for sale of goods, in an action for breach of warranty, once the breach of non-delivery of goods is established, to recover damages
A. It is essential for the purchaser to prove that he actually repurchased the goods and suffered loss
B. It is necessary for the purchaser to prove that he actually repurchased the goods and sustained losses
C. It is essential and necessary for the purchaser to prove that he actually repurchased the goods and sustained loss
D. It is neither essential nor necessary for the purchaser to prove that he actually repurchased the goods and sustained loss
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In case where the goods are sold by description by a seller who deals in such goods and the buyer had an opportunity of examining the goods but has not in fact examined the goods under section 16(2) of the Sale of Goods Act, 1930, the seller is liable for
A. The patent defects in the goods rendering the same unmerchantable
B. The latent defects in the goods rendering the same unmerchantable
C. Both (A) and (B)
D. Neither (A) nor (B)
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The implied condition as regards the goods sold, under section 15 of the Sale of Goods Act, 1930, applies where
A. The vendee is able to inspect the goods
B. The vendee is not able to inspect the goods
C. The vendee is able to inspect the goods or not
D. The vendee has actually inspected the goods
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As per Sale of Goods Act Movable goods does not include
A. Gas
B. Growing crop
C. Electricity
D. Money
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Where there is a conditional payment through a negotiable instrument, during the currency of the bills
A. The vendor's lien over the goods shall remain in force
B. The vendor's lien over the goods shall remain suspended
C. The vendor's lien over the goods extinguishes for all times
D. The vendor's lien over the goods shall never be suspended and remains in force
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Section 57 of the Sale of Goods Act, 1932 deals with:
A. Suit for price
B. Suit for damages for non-delivery
C. Suit for damages for non-acceptance
D. Suit for return of goods
E. None of the above
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A sale is a . . . . . . . . contract
A. Implied
B. Executed
C. Agreed
D. Executory
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The 'Right of lien' of an unpaid seller under the act means:
A. The right to retain possession of goods until payment of price
B. The right to resume possession of goods until payment of price
C. Both (A) and (B)
D. Either (A) or (B)
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Under section 45 of the Sale of Goods Act, 1930, a seller of goods is an 'unpaid seller' when
A. Part of the price has not been paid
B. Substantial portion of the price has not been paid
C. The whole of the price has not been paid
D. Either (A) or (B) or (C)
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In case of Sale the risk is associated with . . . . . . .
A. Money
B. Goods
C. Ownership
D. Possession
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Under section 6 of the Sale of Goods Act, 1930, the subject-matter of a contract of sale of goods, can be
A. The existing goods owned and possessed by the seller
B. The future goods which are yet to be produced
C. Either existing or future goods
D. Only existing goods & not future goods
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In an agreement to sell the goods on the terms that the price is to be fixed by the valuation of a third party but such third party fails to make the valuation, then
A. The valuation may be made by the seller
B. The valuation may be made by the buyer
C. The valuation may be made jointly by the buyer and the seller
D. The buyer and the seller cannot make the valuation and the contract becomes void
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Section 10 of the Sale of Goods Act, 1930 provides for fixation of price of goods
A. By the valuation of a third party
B. By the arbitrator
C. By the Central Government
D. By the Judge
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The unpaid seller can exercise his right of stoppage of goods in transit where the buyer
A. Becomes insolvent
B. Refuses to pay price
C. Acts fraudulently
D. All these
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Under section 61 of the Sale of Goods Act, 1930, the seller is entitled to interest
A. When he is in a position to sue for damages
B. When he is in a position to recover the price
C. Either (A) or (B)
D. Both (A) and (B)
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The implications of a condition that the goods were of merchantable quality, under section 16(2) of the Sale of Goods Act, 1930 is negatived where
A. The buyer has actually examined the goods
B. The buyer had an opportunity to examine the goods
C. Either (A) or (B)
D. Neither (A) nor (B)
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The unpaid seller does not lose his right of lien
A. By assenting to a resale by the buyer
B. By obtaining a decree for the price of goods
C. By wrongfully re-selling the goods
D. Either (A) or (B) or (C)
Select an option to see the answer and solution.