Test: The Sale Of Goods Act, 1930- 2 - CA Foundation MCQ
30 Questions MCQ Test Business Laws for CA Foundation - Test: The Sale Of Goods Act, 1930- 2
In case of goods sold by sample, the goods should correspond with the sample other wise
A contact for the sale of goods which provide that the property would pass to the buyer on full payment of price and execution of sale deed, is known as
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M, a shopkeeper, sold a Television set to N, who purchased it in good faith. The set had some manufacturing defect and it did not work after a few days in spite of repairs. In this case, the television was not merchantable as it was not fit for ordinary purpose
The Sale of Goods Act, 1930 came into force on
The person who buys or agrees to buy goods is known as
Voluntary transfer of possession by one person to another is popularly known as
Under which circumstances, the right of stoppage can be exercised by the unpaid seller
Under which circumstances the unpaid seller can exercise right of re-sale
Where the seller wrongfully neglects to deliver the goods to the buyer, then the buyer
Where the buyer is deprived to goods by their true owner, then the buyer
Where the buyer wrongfully neglects or refuses to accept and pay for the goods, then
In an auction sale, the property shall be sold to the
In an auction sale, if the seller makes use of pretended bidding to raise the price, then the sale is
If X commissioned Y, an artist, to paint a portrait of A for 200 dollars & Y uses his own canvas & paint then it is
The implied condition that goods shall be fit to buyer’s specific purpose, is applicable only where the buyer tells his purpose to the seller and relies upon seller’s skill and judgement as
In case, a condition is changed to the status of a warranty, then the buyer
The goods are at the risk of a party who has the
In case of unconditional contract of sale, the property passes to the buyer at the time of making the contract. For this rule to apply, the goods must be
In case of sale of standing trees, the property passes to the buyer when trees are
In case of sale of unascertained goods, the ownership is transferred to the buyer when the goods are
In case of sale on approval, the ownership is transferred to the buyer when he
Which of the following modes of delivery of goods is considered effective for a valid contract of sale?
Where the goods are delivered to a carrier or wharfinger for the purpose of transmission to the buyer, the delivery is
In which of the following cases, the unpaid seller loses his right of lien?
The bidder at an auction sale can withdraw his bid
Where in an auction sale, the seller appoints more than one bidder, the sale is
Where in an auction sale notified with reserve price, the auctioneer mistakenly knocks down the goods for less than the reserve price, then the auctioneer is
A contract for the sale of “future goods” is _______________
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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51 videos|110 docs|57 tests
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51 videos|110 docs|57 tests
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