Test: Unpaid Seller- 1


30 Questions MCQ Test Mercantile Law for CA CPT | Test: Unpaid Seller- 1


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

 Right against goods include: 

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QUESTION: 2

Even if a substantial portion of the price is paid and only a small balance is pending, the seller is still regarded as an Unpaid Seller. This statement is :

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QUESTION: 3

Discharge may be:

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QUESTION: 4

The unpaid seller is not required to inform the buyer in case he resells the goods but the goods must be: 

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QUESTION: 5

P sells a car by auction to Q, who is the highest bidder. Q offers to pay for the car by a cheque and he is allowed to do so provided he signs a document stating that the property in the car would not pass to him until the amount of the cheque has been credited to the seller’s account. The cheque is subsequently dishonoured. P asks Q to return back the car as he has not become the owner of the car because the cheque given by him has been dishonoured. Decide:

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QUESTION: 6

The rights available to an unpaid seller of goods under the Sale of Goods Act, 1930 are: 

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QUESTION: 7

Unpaid seller has which rights against the buyer personally: 

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QUESTION: 8

Which are not the conditions fulfilled before a seller is deemed to be an unpaid seller?

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QUESTION: 9

Right to bid may be reserved: 

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QUESTION: 10

 Sale is a “right in rem” 

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QUESTION: 11

Where the seller expressly reserves the right of resale in case the buyer makes a default. If there are losses to the seller, on a resale, the seller:

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QUESTION: 12

Which of the following is a right of an unpaid seller?

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QUESTION: 13

 Auction sale comes to an end when. 

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QUESTION: 14

Where the goods are of a perishable nature unpaid seller can : 

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QUESTION: 15

 An auction sale is complete on the:

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QUESTION: 16

The minimum price below which the auctioneer will not sell the goods. 

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QUESTION: 17

The minimum price below which the auctioneer will not sell the goods is called:

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QUESTION: 18

An auction sale is complete on __________.

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QUESTION: 19

The essence of ‘Right of Lien’ is to _______.

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QUESTION: 20

 Unpaid seller can have right of : 

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QUESTION: 21

If no notice of resale is given to the buyer, the unpaid seller is not entitled: 

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QUESTION: 22

Reserve price is considered in _________:

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QUESTION: 23

Jus in personam means; right against:

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QUESTION: 24

If the goods are rejected by the buyer, and the carrier or other bailee continues in possession of them, then the transit ________even if the seller has refused to receive them back:

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QUESTION: 25

 Right of lien means to _______: 

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QUESTION: 26

When the goods are sold on credit and credit period is not expired, the seller of goods is:

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QUESTION: 27

An auctioneer is:-

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QUESTION: 28

Seller has right of resale where

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QUESTION: 29

Right of general lien cannot be exercised by 

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QUESTION: 30

 In pretended bidding sale is : 

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