Test: The Sale Of Goods Act, 1930- 1


40 Questions MCQ Test Mercantile Law for CA CPT | Test: The Sale Of Goods Act, 1930- 1


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QUESTION: 1

A contract for the sale of goods where property would pass to the buyer on payment of total price would be

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QUESTION: 2

The term “goods” under Sale of Goods Act, 1930 does not include

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QUESTION: 3

A contract for the sale of “future goods” is

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QUESTION: 4

A stipulation in a contract of sale of goods whose violation by seller gives a right of rescission to buyer, is called:

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QUESTION: 5

The unpaid seller has right of stoppage of goods in transit only where the buyer

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QUESTION: 6

The sale of Goods Act, 1930 deals with the

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QUESTION: 7

Under Sale of Goods Act, 1930 the terms “Goods” means every kind of movable property and it includes

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QUESTION: 8

A stipulation which is collateral to the main purpose of the contract, and if proves false, gives the buyer only a right to claim damages, is known as

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QUESTION: 9

Which of the following is not an implied condition in a contract of sale?

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QUESTION: 10

The Sale of Goods Act, 1930 deals with

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QUESTION: 11

Which one of the following is true?

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QUESTION: 12

The conditions and warranties may be in the form of

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QUESTION: 13

Goods which are in existence at the time of the Contract of Sale is known as

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QUESTION: 14

Which of the following is not a form of delivery?

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QUESTION: 15

Which one of the following is/are document of title to goods?

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QUESTION: 16

Which one of the following is not true?

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QUESTION: 17

Mercantile Agent is having an authority to

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QUESTION: 18

Contract of Sale is

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Correct Answer :- c

Explanation : An executed contract is when all parties have fulfilled their promises.

For example, a sales contract is complete when the transaction closes. The buyer has paid the money, and the seller has transferred the title.

An executory contract is when one or both parties have obligations still to be performed.

For example, a sales contract is an executory contract until the buyer has obtained financing-there are still obligations remaining to be performed before the contract can be considered executed.

QUESTION: 19

In which form of the contract, the property in the goods passes to the buyer immediately?

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QUESTION: 20

Which one of the following is not an implied warranty?

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QUESTION: 21

Doctrine of Caveat Emptor means

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QUESTION: 22

Under the doctrine of Caveat Emptor the seller is

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QUESTION: 23

The doctrine of Caveat Emptor does not apply, when

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QUESTION: 24

Where there is an unconditional contract for the sale of specific goods in a deliverable state

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QUESTION: 25

Selection of goods with the intention of using them in performance of the contract and with the mutual consent of the seller and the buyer is known as

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QUESTION: 26

Acceptance of delivery of goods is deemed to take place when the buyer

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QUESTION: 27

An unpaid seller is having rights against

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QUESTION: 28

As per section 2, sub section 7 every kind of moveable property other than actionable claim and money is called

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QUESTION: 29

When the unpaid seller has parted with the goods to a carrier and the buyer has become insolvent he can exercise

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QUESTION: 30

The essence of a right of lien is to

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QUESTION: 31

Which of the following right can be exercised by an unpaid seller against the buyer, who is not insolvent

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QUESTION: 32

Which of the following is a buyer right against the seller in case of breach of contract?

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QUESTION: 33

An auction sale is complete on the

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QUESTION: 34

If a seller handed over the keys of a warehouse containing the goods to the buyer results in

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QUESTION: 35

If A agrees to deliver 100 kg of sugar to B in exchange of 15 mts of cloth, then it is

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QUESTION: 36

In a hire-purchase agreement, the hirer

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QUESTION: 37

A agrees to deliver his old car valued at Rs. 80,000 to B, a car dealer, in exchange for a new car, and agrees to pay the difference in cash it is

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QUESTION: 38

If the buyer rejects the whole quantity of goods due to short delivery or excess delivery, the contract is treated as

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QUESTION: 39

Seller has right of resale where

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QUESTION: 40

The Sale of Goods Act, 1930 is based on

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