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Test: Formation Of Contract Of Sale- 3


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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 2023 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 2023 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Formation Of Contract Of Sale- 3 below.
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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: 

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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