Section 7 of the Sale of Goods Act, 1930 makes contract of sale
A. Voidable at the instance of the buyer
B. Voidable at the instance of the seller
C. Void
D. Neither (A) nor (B) nor (C)
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Where in a 'contract of sale', no limit is specified for the delivery of the goods, the seller:
A. Should send it in a month's time
B. Should send it as early as possible
C. Should send it within a reasonable time
D. None of the above
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Under section 37 of the Sale of Goods Act, 1930, the buyer has a right to reject the whole of the goods delivered
A. Where the quantity delivered is less than the quantity contracted for
B. Where the quantity delivered is larger than the quantity contracted for
C. Either (A) or (B)
D. Only (A) and not (B)
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Delay in taking the delivery of the goods by the buyer, under section 44 of the Sale of Goods Act, 1930, entities
A. The seller to rescind the contract
B. The seller to change the buyer with warehouse expenses
C. The buyer to rescind the contract
D. Both (A) and (B)
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The prima facie evidence of a reasonable price within the meaning of section 9 of the Sale of Goods Act, 1930 is
A. The current price
B. The market price
C. The one which the court fixes
D. The average of the highest and the lowest price in a period of one year
Select an option to see the answer and solution.
Section 26 of the Sale of Goods Act, 1930 lays down the rule
A. Risk follows the property
B. Risk follows the delivery
C. Risk follows the defaulter
D. All the above
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The Sale of Goods Act deals only with goods which are . . . . . . . . in nature
A. Immovable
B. Movable
C. Specific
D. All of the above
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Which of the following Section provides for the Seller's right to reserve the 'right of disposal':
A. Section 25
B. Section 26
C. Section 27
D. Section 28
Select an option to see the answer and solution.
Which of the following statement is incorrect?
A. A stipulation in a contract of sale may be a condition or warranty
B. A breach of warranty sometimes results into repudiation of contract
C. A breach of condition results into repudiation of contract
D. None of the above
Select an option to see the answer and solution.
What is the purpose behind the enactment of Sale of Goods Act, 1930?
A. To define the laws relating to the sale of goods
B. To consolidate and amend the laws relating to the sale of goods
C. To consolidate, amend and define the laws relating to the sale of goods
D. To define and amend the laws relating to the sale of goods
Select an option to see the answer and solution.
Implied Conditions and warranties are provided under the Act in:
A. Section 4 to 8
B. Section 19 to 12
C. Section 14 to 17
D. Section 19 to 22
Select an option to see the answer and solution.
Section 38 of the Sale of Goods Act, 1930 provides for
A. Wrong deliveries
B. Instant deliveries
C. One time deliveries
D. Instalment deliveries
Select an option to see the answer and solution.
By an agreement between the parties
A. Risk cannot be separated from ownership
B. Risk can be separated from ownership in particular
C. Either (A) or (B)
D. Only (A) and not (B)
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The exception contained in section 16(1) of the Sale of Goods Act, 1930, is not available, where the buyer contracts
A. For a specified article under its patent or other trade name relying on the skill and judgment of the seller
B. For a specified article under its patent or other trade name not relying on the skill and judgment of the seller
C. Both (A) and (B)
D. Either (A) or (B)
Select an option to see the answer and solution.
Chapter III of the Sale of Goods Act, 1930 deals with
A. Conditions and warranties
B. Performance of the contract of sale of goods
C. Effects of the contract of sale of goods
D. Rights of an unpaid seller
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A person is said to be 'insolvent' who has ceased to pay his debts in the ordinary course of business, or cannot pay his debts as they become due whether he has committed an act of insolvency or not', is the definition of insolvency given in
A. The Indian Partnership Act, 1932
B. The Sale of Goods Act, 1930
C. The Indian Contract Act, 1872
D. All the above
Select an option to see the answer and solution.
In the Sale of Goods Act, several provisions of the Indian Contract Act have been retained to meet
A. The need of buyers
B. The need of sellers
C. The need of both the buyers and sellers
D. Special conditions existing in India regarding sale of goods
Select an option to see the answer and solution.
Section 30(1) of the Sale of Goods Act, 1930 does not apply
A. Where there has been delivery of the goods to the subsequent buyer
B. Unless there has been delivery of the goods to the subsequent buyer
C. Where there has been transfer of documents of title to the subsequent buyer
D. Both (A) and (C)
Select an option to see the answer and solution.
The rights of an unpaid seller have been listed in:
A. Section 45
B. Section 46
C. Section 47
D. Section 49
Select an option to see the answer and solution.
Which of the conditions is to be satisfied, to avail the exception under section 16(1) of the Sale of Goods Act, 1930?
A. The buyer should make known to the seller the particular purpose for which the goods are required
B. The buyer should rely on the seller's skill or judgment
C. The goods must be of a description which the seller supplies in course of his business
D. All of the above
Select an option to see the answer and solution.