Test: Formation Of Contract Of Sale- 3


15 Questions MCQ Test Mercantile Law for CA CPT | Test: Formation Of Contract Of Sale- 3


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This mock test of Test: Formation Of Contract Of Sale- 3 for CA Foundation helps you for every CA Foundation entrance exam. This contains 15 Multiple Choice Questions for CA Foundation Test: Formation Of Contract Of Sale- 3 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Formation Of Contract Of Sale- 3 quiz give you a good mix of easy questions and tough questions. CA Foundation students definitely take this Test: Formation Of Contract Of Sale- 3 exercise for a better result in the exam. You can find other Test: Formation Of Contract Of Sale- 3 extra questions, long questions & short questions for CA Foundation on EduRev as well by searching above.
QUESTION: 1

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

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QUESTION: 2

Goods means every kind of movable property including: 

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QUESTION: 3

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

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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 : 

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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 : 

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QUESTION: 6

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

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QUESTION: 7

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

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QUESTION: 8

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

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QUESTION: 9

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

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QUESTION: 10

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

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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 : 

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QUESTION: 12

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

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QUESTION: 13

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

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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?

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QUESTION: 15

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

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