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Where the seller delivers to the buyer a quantity of goods larger than he contracted to sell, the buyer may accept the goods included in the contract and reject the rest, or he may reject the whole. If the buyer accepts the whole of the goods so delivered he shall pay for them:
- a)At the amount of the goods he ordered
- b)At the contract rate for whole goods
- c)Half of the amount
- d)Less then the rate
Correct answer is option 'B'. Can you explain this answer?
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Where the seller delivers to the buyer a quantity of goods larger than...
Explanation:
When the seller delivers to the buyer a quantity of goods larger than he contracted to sell, the buyer has the right to either accept the goods included in the contract and reject the rest, or reject the whole quantity. If the buyer chooses to accept the whole quantity of goods delivered, he is obligated to pay for them.
The correct answer is option 'B', which states that the buyer shall pay for the goods at the contract rate for the whole goods. This means that the buyer will be charged based on the agreed-upon price per unit for the entire quantity of goods delivered, regardless of the excess amount. The buyer is not required to pay more than the contract rate for the goods.
Reasoning:
When a seller delivers a quantity of goods larger than what was agreed upon in the contract, it is considered an excess delivery. In such a situation, the buyer has the right to accept the goods included in the contract and reject the excess quantity. Alternatively, the buyer can reject the entire delivery if they do not wish to accept any of the goods.
If the buyer chooses to accept the whole quantity of goods delivered, they are obligated to pay for them. However, the buyer is not required to pay more than the contract rate for the goods. The contract rate is the agreed-upon price per unit of the goods. Therefore, the buyer will be charged based on this rate for the entire quantity of goods delivered.
Paying at the contract rate ensures that the buyer is not penalized for the seller's mistake in delivering excess goods. It also prevents the seller from benefiting from the excess delivery by charging a higher price.
In conclusion, when the buyer accepts the whole quantity of goods delivered, they are required to pay for them at the contract rate for the entire goods. This ensures fairness and protects the buyer's rights in the transaction.
When the seller delivers to the buyer a quantity of goods larger than he contracted to sell, the buyer has the right to either accept the goods included in the contract and reject the rest, or reject the whole quantity. If the buyer chooses to accept the whole quantity of goods delivered, he is obligated to pay for them.
The correct answer is option 'B', which states that the buyer shall pay for the goods at the contract rate for the whole goods. This means that the buyer will be charged based on the agreed-upon price per unit for the entire quantity of goods delivered, regardless of the excess amount. The buyer is not required to pay more than the contract rate for the goods.
Reasoning:
When a seller delivers a quantity of goods larger than what was agreed upon in the contract, it is considered an excess delivery. In such a situation, the buyer has the right to accept the goods included in the contract and reject the excess quantity. Alternatively, the buyer can reject the entire delivery if they do not wish to accept any of the goods.
If the buyer chooses to accept the whole quantity of goods delivered, they are obligated to pay for them. However, the buyer is not required to pay more than the contract rate for the goods. The contract rate is the agreed-upon price per unit of the goods. Therefore, the buyer will be charged based on this rate for the entire quantity of goods delivered.
Paying at the contract rate ensures that the buyer is not penalized for the seller's mistake in delivering excess goods. It also prevents the seller from benefiting from the excess delivery by charging a higher price.
In conclusion, when the buyer accepts the whole quantity of goods delivered, they are required to pay for them at the contract rate for the entire goods. This ensures fairness and protects the buyer's rights in the transaction.
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Where the seller delivers to the buyer a quantity of goods larger than he contracted to sell, the buyer may accept the goods included in the contract and reject the rest, or he may reject the whole. If the buyer accepts the whole of the goods so delivered he shall pay for them:a)At the amount of the goods he orderedb)At the contract rate for whole goodsc)Half of the amountd)Less then the rateCorrect answer is option 'B'. Can you explain this answer?
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Where the seller delivers to the buyer a quantity of goods larger than he contracted to sell, the buyer may accept the goods included in the contract and reject the rest, or he may reject the whole. If the buyer accepts the whole of the goods so delivered he shall pay for them:a)At the amount of the goods he orderedb)At the contract rate for whole goodsc)Half of the amountd)Less then the rateCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Where the seller delivers to the buyer a quantity of goods larger than he contracted to sell, the buyer may accept the goods included in the contract and reject the rest, or he may reject the whole. If the buyer accepts the whole of the goods so delivered he shall pay for them:a)At the amount of the goods he orderedb)At the contract rate for whole goodsc)Half of the amountd)Less then the rateCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Where the seller delivers to the buyer a quantity of goods larger than he contracted to sell, the buyer may accept the goods included in the contract and reject the rest, or he may reject the whole. If the buyer accepts the whole of the goods so delivered he shall pay for them:a)At the amount of the goods he orderedb)At the contract rate for whole goodsc)Half of the amountd)Less then the rateCorrect answer is option 'B'. Can you explain this answer?.
Where the seller delivers to the buyer a quantity of goods larger than he contracted to sell, the buyer may accept the goods included in the contract and reject the rest, or he may reject the whole. If the buyer accepts the whole of the goods so delivered he shall pay for them:a)At the amount of the goods he orderedb)At the contract rate for whole goodsc)Half of the amountd)Less then the rateCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Where the seller delivers to the buyer a quantity of goods larger than he contracted to sell, the buyer may accept the goods included in the contract and reject the rest, or he may reject the whole. If the buyer accepts the whole of the goods so delivered he shall pay for them:a)At the amount of the goods he orderedb)At the contract rate for whole goodsc)Half of the amountd)Less then the rateCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Where the seller delivers to the buyer a quantity of goods larger than he contracted to sell, the buyer may accept the goods included in the contract and reject the rest, or he may reject the whole. If the buyer accepts the whole of the goods so delivered he shall pay for them:a)At the amount of the goods he orderedb)At the contract rate for whole goodsc)Half of the amountd)Less then the rateCorrect answer is option 'B'. Can you explain this answer?.
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