Which of the following does not fall in the category of "goods":
A. Stock and shares
B. Money and actionable claims
C. Growing crops and grass
D. Things attached to or forming the part of land which are agreed to be severed before sale or under cantract of sale
Select an option to see the answer and solution.
The Sale of Goods Act, 1930 applies to the whole of India except
A. Jammu & Kashmir
B. Dadra and Nagar Haveli
C. Goa, Daman & Diu
D. All the above
Select an option to see the answer and solution.
Implied terms and conditions in a contract of sale of goods, by virtue of section 62 of the Sale of Goods Act, 1930, can be excluded by
A. An express agreement
B. The course of dealings between the parties
C. The usage
D. Either (A) or (B) or (C)
Select an option to see the answer and solution.
Where the buyer rejects the goods and gives notice of the same to the seller
A. The goods remain at the risk of the buyer so long as they are not delivered to the carrier for transmission back to the seller
B. The goods remain at the risk of the buyer so long as the buyer remains in possession of the same
C. The goods remain at the risk of the seller though in possession of the buyer
D. Neither (A) nor (C) but only (B)
Select an option to see the answer and solution.
A drug was sold by an auction and according to the usage of trade it was to disclose in advance of any vast damage caused in the quality of the drug but such disclosure was not made and the drug was found to be defective. This is an example of:
A. Warranty as to undisturbed possession
B. Warranty as to quality or fitness by usage of trade
C. Warranty as to non-existence of encumbrances
D. Disclosure of dangerous nature of goods
Select an option to see the answer and solution.
Which of the following statement is correct with regard to delivery of goods by a seller:
A. The seller is bound to deliver the goods under all circumstances
B. The seller is bound to deliver the goods when there is either an express contract or when the buyer applies for delivery
C. The seller is bound to deliver the goods only when there is an express contract to that effect
D. The seller is bound to deliver the goods only when the buyer applies for delivery
Select an option to see the answer and solution.
In which of the following cases, there is no delivery of goods to the buyer within the meaning of section 33 of the Sale of Goods Act, 1930
A. Consignee signing the delivery book and surrendering the railway receipt
B. Buyer cutting the free under a contract of sale of the wood of fallen trees
C. Both (A) and (B)
D. Neither (A) nor (B)
Select an option to see the answer and solution.
The time and place of examination of goods by a buyer can be
A. The time and place of delivery
B. The place of the final destination
C. Either (A) or (B)
D. Only (B) and not (A)
Select an option to see the answer and solution.
A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for . . . . . . .
A. Price
B. Interest
C. Credit
D. Value
Select an option to see the answer and solution.
Section 8 of the Sale of Goods Act, 1930, in its application is
A. Confined to agreement to sell
B. Confined to contract of sale
C. Neither (A) nor (B)
D. Only (B) and not (A)
Select an option to see the answer and solution.
For the purposes of section 54 of the Sale of Goods Act, 1930, the measures of damages on re-sale, where the goods have been appropriated to the contract is
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
C. The difference between the market price on the date of breach and the price realised
D. The difference between the contract price and the price realised or the market price on the date of breach whichever is lower
Select an option to see the answer and solution.
In a sale of goods by auction, as soon as the hammer falls, the goods:
A. Become the property of the buyer only on payment of price
B. Become the property of buyer even if there is a condition that the goods shall not be removed before payment
C. Become the property of the buyer only if there is no condition that the goods shall not be removed before payment
D. Do not become the property of the buyer however, the bidder is vested with the right to deal with them as owner
Select an option to see the answer and solution.
Section 61 of the Sale of Goods Act, 1930, provides for
A. Award of interest to the buyer
B. Award of interest to the seller
C. Non-award of interest to the buyer or the seller
D. Award of interest to the seller or the buyer
Select an option to see the answer and solution.
Under section 12(4) of the Sale of Goods Act, 1930, while determining whether a stipulation in a contract of sale, is a condition or warranty
A. The nomenclature used by the parties is conclusive
B. The real effect of the stipulation is conclusive
C. Either (A) or (B)
D. Both (A) and (B)
Select an option to see the answer and solution.
Where the price of the goods under a contract of sale is to be fixed by the valuation of a third party who fails to fix the valuation, but goods are supplied to the buyer, under Section 10 of the Sale of Goods Act, 1930, the buyer is
A. Liable to pay the reasonable price of the goods
B. Liable to pay the minimum price of the goods
C. Not liable to pay any price until fixed by the valuer
D. Liable to pay the maximum retail price
Select an option to see the answer and solution.
In Sale of Goods Act several provisions of the Indian Contract Act have been retained
A. To meet the need of the buyers
B. To meet the need of the sellers
C. To meet the need of both the buyers and sellers
D. To meet special conditions existing in India regarding sale of goods
Select an option to see the answer and solution.
Right of the unpaid seller, as to stoppage in transit against the goods has been provided under
A. Section 52 of the Sale of Goods Act, 1930
B. Section 51 of the Sale of Goods Act, 1930
C. Section 50 of the Sale of Goods Act, 1230
D. Section 49 of the Sale of Goods Act, 1930
Select an option to see the answer and solution.
Chapter V of the Sale of Goods Act, 1930 provides for
A. Rights of unpaid seller against the buyer
B. Rights of unpaid seller against the goods
C. Rights of unpaid seller against the carrier
D. All the above
Select an option to see the answer and solution.
Clause (2) of section 13 of the Sale of Goods Act, 1930, deals with cases of
A. Compulsory waiver of condition
B. Voluntary waiver of condition
C. Optional waiver of condition
D. All the above
Select an option to see the answer and solution.
Where under a contract of sale, the buyer has retained the goods though there is a breach of condition on the part of the seller, the buyer does not lose
A. The right to reject the goods
B. The right to claim damages
C. Both (A) and (B)
D. Neither (A) nor (B)
Select an option to see the answer and solution.