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Test: Formation Of Contract Of Sale- 3 - CA Foundation MCQ


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15 Questions MCQ Test Business Laws for CA Foundation - Test: Formation Of Contract Of Sale- 3

Test: Formation Of Contract Of Sale- 3 for CA Foundation 2024 is part of Business Laws for CA Foundation preparation. The Test: Formation Of Contract Of Sale- 3 questions and answers have been prepared according to the CA Foundation exam syllabus.The Test: Formation Of Contract Of Sale- 3 MCQs are made for CA Foundation 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Formation Of Contract Of Sale- 3 below.
Solutions of Test: Formation Of Contract Of Sale- 3 questions in English are available as part of our Business Laws for CA Foundation for CA Foundation & Test: Formation Of Contract Of Sale- 3 solutions in Hindi for Business Laws for CA Foundation course. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free. Attempt Test: Formation Of Contract Of Sale- 3 | 15 questions in 15 minutes | Mock test for CA Foundation preparation | Free important questions MCQ to study Business Laws for CA Foundation for CA Foundation Exam | Download free PDF with solutions
Test: Formation Of Contract Of Sale- 3 - Question 1

Which of the following statements is correct in relation to ascertainment of price of goods?

Test: Formation Of Contract Of Sale- 3 - Question 2

Goods means every kind of movable property including: 

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Test: Formation Of Contract Of Sale- 3 - Question 3

__________ are goods which are already available and which are physically present with the seller:

Test: Formation Of Contract Of Sale- 3 - Question 4

X agrees to deliver in future 100 computer sets for Rs. 30 lakhs in exchange of 200 fridge sets worth Rs. 40 lakhs and Rs. 60,000 in cash. This is a : 

Test: Formation Of Contract Of Sale- 3 - Question 5

When the seller causes a change in the possession of goods without any actual change in their actual and visible custody and without any movement from current location, it’s a case of : 

Test: Formation Of Contract Of Sale- 3 - Question 6

In a contract of sale where goods are lying with the seller the risk of loss of goods will be borne by 

Test: Formation Of Contract Of Sale- 3 - Question 7

In a contract of sale if no price has been fixed by the parties, then the buyer is required to pay:-

Test: Formation Of Contract Of Sale- 3 - Question 8

When the delivery of goods takes place by way of handling over the documents of title to goods, it is called:

Test: Formation Of Contract Of Sale- 3 - Question 9

A document issued by Railway Company acknowledging receipt of goods is known as:

Test: Formation Of Contract Of Sale- 3 - Question 10

X agrees to buy goods from Y at a price to be fixed by C. The contract is:

Test: Formation Of Contract Of Sale- 3 - Question 11

X agrees to sell Y, all crops to be grown in X’s farms in Haryana during 2006 season, for Rs. 1,00,000. In this case, the goods are : 

Test: Formation Of Contract Of Sale- 3 - Question 12

In case of sale of standing trees, the property passes to the buyer when trees are: 

Test: Formation Of Contract Of Sale- 3 - Question 13

Where by a contract of sale, the seller purports to effect a ………………the contract operates as an agreement to sell: 

Test: Formation Of Contract Of Sale- 3 - Question 14

A contracts to sell to B all the oil to be produced from groundnut harvested from A’s farm. The crops having been harvested and oil made there from, A fills the oil in the cans supplied by B. Does the property in oil pass to B?

Test: Formation Of Contract Of Sale- 3 - Question 15

Which of the following statements is not correct in relation to hire-purchase?

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