Test: Transfer Of Ownership And Delivery Of Goods- 1


30 Questions MCQ Test Business Laws for CA Foundation | Test: Transfer Of Ownership And Delivery Of Goods- 1


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This mock test of Test: Transfer Of Ownership And Delivery Of Goods- 1 for CA Foundation helps you for every CA Foundation entrance exam. This contains 30 Multiple Choice Questions for CA Foundation Test: Transfer Of Ownership And Delivery Of Goods- 1 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Transfer Of Ownership And Delivery Of Goods- 1 quiz give you a good mix of easy questions and tough questions. CA Foundation students definitely take this Test: Transfer Of Ownership And Delivery Of Goods- 1 exercise for a better result in the exam. You can find other Test: Transfer Of Ownership And Delivery Of Goods- 1 extra questions, long questions & short questions for CA Foundation on EduRev as well by searching above.
QUESTION: 1

In case of sale on approval, the ownership is transferred to the buyer when he: 

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QUESTION: 2

A delivers a horse to B for trial for 8 days. It was agreed that sale would be completed if the horse was found suitable for B’s purpose. The horse died on 3rd day without any fault of either party. It was held that contract was: 

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QUESTION: 3

Reservation of Right to disposal is available for which kind of goods?

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QUESTION: 4

A finder of goods has the power to sell the goods and to give good title to the buyer, if the owner of goods cannot be found with: 

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QUESTION: 5

A sold a bicycle costing Rs. 1,000 to B. B paid Rs. 500 and after some time A insisted B to take delivery. In the meantime bicycle is lost. Who bears the risk?

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QUESTION: 6

A contract for sale of goods to be delivered at a future date shall be _______even if the seller has got the goods in present possession: 

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QUESTION: 7

Where goods are sold by a person who is not the owner thereof and who does not sell them under the authority or with the consent of the owner, the buyer acquires no better title to the goods than the seller had. This is known as: 

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QUESTION: 8

________means an act involving the selection and earmarking or separation of goods with the intention of using the goods in performance of contract of sale:

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QUESTION: 9

A of Mumbai writes to B of Delhi to send him a book by post parcel. The parcel is lost on the way. Can B recover the price?

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QUESTION: 10

If the buyer has received lesser quantity of goods than agreed, then he may: 

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QUESTION: 11

If the seller refuses to take away the goods, the buyer becomes: 

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QUESTION: 12

There was a contract to supply waste coal and ash for the next six months, as and when the waste is generated by the seller’s factory.The buyer paid the lump sum price for the next six months in advance. When does the property in the goods pass to the buyer?

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QUESTION: 13

Ram of Mumbai order Bill of Delhi for the supply of certain goods. The station Master of Mumbai informs Ram about the arrival of goods but before Ram could take delivery, goods are destroyed. Can bill get the money of goods?

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QUESTION: 14

Nemo date quod non habet means : 

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QUESTION: 15

If the buyer becomes insolvent after transfer of property in goods, but before getting possession of goods:

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QUESTION: 16

When the seller delivers goods to the buyer an approval basis, the property in the goods passes to the buyer when:

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QUESTION: 17

If goods were delivered to buyer and after the delivery, the goods were destroyed, then who will suffer the loss?

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QUESTION: 18

Prem Chand Picked Ram Chand’s camera and sold it to Gopal in a public auction. Gopal did not know that it was a stolen camera. Gopal cannot become the owner of the camera due to the principle of : 

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QUESTION: 19

As per the Sale of Goods Act, 1930 physical delivery of goods is not an essential element of contract of sale. This statement is_______.

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QUESTION: 20

In a contract of sale of goods, as per Sale of Goods Act, 1930, physical delivery of goods is not an essential element.

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QUESTION: 21

Where the buyer wrongfully neglects or refuses to accept and pay for the goods, he will have to compensate the seller in a suit by him for: 

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QUESTION: 22

A gives a gold chain to B on sale or return basis and B gives it to C on sale or return basis. C loses the gold chain. Who shall bear the loss?

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QUESTION: 23

Risk prima facie passes with :-

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QUESTION: 24

In case of Excess delivery, buyer is at liberty to 

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QUESTION: 25

Which of the following modes of delivery is considered to be valid in a contract of sale of goods?

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QUESTION: 26

 In sale the position of a buyer is that of : 

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QUESTION: 27

When the dale is made, goods should be: 

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QUESTION: 28

 The risk goods passes to the buyer when:

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QUESTION: 29

Passing of title or transfer of property constitutes the most important element to decide the legal rights and liabilities of _________.

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QUESTION: 30

When the buyer and seller both reject the goods and the goods are in transit, then 

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