Question 1

'Delivery' within the meaning of the Sale of Goods Act can be

Accepted Answer

A) symbolic 
B) actual 
C) actual. 
D) either (a) or (b) or (c) 
A) symbolic 
B) actual 
C) actual. 
D) either (a) or (b) or (c) D

Question 2

Which of the following may employ an agent?

Accepted Answer

A) any person who is capable of understanding the contract and forming a rational judgment as to its effect upon his interest. 
B) any person who is engaged in business or profession. 
C) any person who is of the age of majority according to the law to which he is subject and who is of sound mi 
A) any person who is capable of understanding the contract and forming a rational judgment as to its effect upon his interest. 
B) any person who is engaged in business or profession. 
C) any person who is of the age of majority according to the law to which he is subject and who is of sound mi C

Question 3

In case the buyer rejects the whole quantity of goods due to short delivery or excess delivery, the contract is treated as

Accepted Answer

A) subsisting 
B) cancelled 
C) void 
D) invalid 
A) subsisting 
B) cancelled 
C) void 
D) invalid A

Question 4

Fraud means

Accepted Answer

A) suggestion as a fact, of something which is not true, by a person who does not believe it to be true 
B) active concealment of a fact 
C) promise made without any intention of performing it 
D) all of the above 
A) suggestion as a fact, of something which is not true, by a person who does not believe it to be true 
B) active concealment of a fact 
C) promise made without any intention of performing it 
D) all of the above

Question 5

Which of the following rights are available to the unpaid seller against the buyer

Accepted Answer

A) suit for price 
B) suit for interest 
C) suit for repudiation 
D) all of these 
A) suit for price 
B) suit for interest 
C) suit for repudiation 
D) all of these

Question 6

The term 'possession of goods' means

Accepted Answer

A) ownership of goods 
B) custody of goods 
C) both (a) & (b) 
D) none of these 
A) ownership of goods 
B) custody of goods 
C) both (a) & (b) 
D) none of these

Question 7

Where no price is fixed by express agreement, the buyer shall pay the seller

Accepted Answer

A) lowest price 
B) reasonable price 
C) suitable price 
D) adhoc price 
A) lowest price 
B) reasonable price 
C) suitable price 
D) adhoc price

Question 8

An unlawful act by which an intending purchaser is prevented from bidding or raising the price at an auction sale is known as

Accepted Answer

A) decoy ducking 
B) puffering 
C) damping 
D) none of these 
A) decoy ducking 
B) puffering 
C) damping 
D) none of these

Question 9

A 'Condition' under the Sale of Goods Act has been defined as a stipulation

Accepted Answer

A) collateral to the main purpose of the contract 
B) main purpose of contract 
C) essential to the main purpose of the contract 
D) all of the above 
A) collateral to the main purpose of the contract 
B) main purpose of contract 
C) essential to the main purpose of the contract 
D) all of the above

Question 10

The consent is said to be free when:

Accepted Answer

A) two or more persons agree upon same thing in the same sense. 
B) all parties to the contract benefit from the contract. 
C) it is not the result of coercion or undue influence or fraud or misrepresentation or 
D) all of the above. 
A) two or more persons agree upon same thing in the same sense. 
B) all parties to the contract benefit from the contract. 
C) it is not the result of coercion or undue influence or fraud or misrepresentation or 
D) all of the above.

Question 11

The buyer shall have and enjoy quiet possession of goods. This is an __________

Accepted Answer

A) implied warranty as to title 
B) implied condition as to title 
C) implied warranty as to possession 
D) implied condition as to possession 
A) implied warranty as to title 
B) implied condition as to title 
C) implied warranty as to possession 
D) implied condition as to possession

Question 12

The effect of refusal to accept a properly made offer of performance is that:

Accepted Answer

A) the promisor is not responsible for non-performance and can sue the promisee for the breach of contract. 
B) such offer lapses on rejection by the offeree. 
C) the contract is rendered voidable at the option of promisor. 
D) the contract is discharged by anticipatory breach. 
A) the promisor is not responsible for non-performance and can sue the promisee for the breach of contract. 
B) such offer lapses on rejection by the offeree. 
C) the contract is rendered voidable at the option of promisor. 
D) the contract is discharged by anticipatory breach.

Question 13

The right of lien is exercised

Accepted Answer

A) to retain possession of goods 
B) to regain possession of goods 
C) to resell the goods 
D) none of these 
A) to retain possession of goods 
B) to regain possession of goods 
C) to resell the goods 
D) none of these

Question 14

Delivery of the key of the warehouse by the seller to the buyer will amount to

Accepted Answer

A) actual delivery 
B) symbolic delivery 
C) constructive delivery 
D) none of these 
A) actual delivery 
B) symbolic delivery 
C) constructive delivery 
D) none of these

Question 15

A stipulation in a contract may be

Accepted Answer

A) condition 
B) warranty 
C) neither (a) & (b) 
D) both (a) & (b) 
A) condition 
B) warranty 
C) neither (a) & (b) 
D) both (a) & (b)

Question 16

Which of the following is correct?

Accepted Answer

A) a condition is a stipulation, not essential to the main purpose of the contract. 
B) a warranty is a stipulation, collateral to the main purpose of the contract. 
C) breach of a warranty, gives rise to a right to treat the contract as repudiat 
A) a condition is a stipulation, not essential to the main purpose of the contract. 
B) a warranty is a stipulation, collateral to the main purpose of the contract. 
C) breach of a warranty, gives rise to a right to treat the contract as repudiat

Question 17

A Sale of Goods under the Sale of Goods Act, 1930 includes

Accepted Answer

A) a jus in personam 
B) a jus in rem 
C) both (a) & (b) 
D) neither (a) & (b) 
A) a jus in personam 
B) a jus in rem 
C) both (a) & (b) 
D) neither (a) & (b)

Question 18

The Sale of Goods Act, 1930 came into force on

Accepted Answer

A) 1st day of july 1930 
B) 1st day of january 1930 
C) 1st day of august 1930 
D) 1st day of september 1930 
A) 1st day of july 1930 
B) 1st day of january 1930 
C) 1st day of august 1930 
D) 1st day of september 1930

Question 19

In which of the following circumstances a contract can be treated as discharged under the concept of supervening impossibility?

Accepted Answer

A) spurt in prices 
B) change in import policy 
C) non-receipt of raw material from the supplier 
D) shortage of working capital 
A) spurt in prices 
B) change in import policy 
C) non-receipt of raw material from the supplier 
D) shortage of working capital

Question 20

Where money is exchanged by one person for some money with another person, the transaction is known as

Accepted Answer

A) barter 
B) exchange 
C) money sale 
D) none of the above 
A) barter 
B) exchange 
C) money sale 
D) none of the above

'Delivery' within the meaning of the Sale of Goods Act can be

Which of the following may employ an agent?

In case the buyer rejects the whole quantity of goods due to short delivery or excess delivery, the contract is treated as

Fraud means

Which of the following rights are available to the unpaid seller against the buyer

The term 'possession of goods' means

Where no price is fixed by express agreement, the buyer shall pay the seller

An unlawful act by which an intending purchaser is prevented from bidding or raising the price at an auction sale is known as

A 'Condition' under the Sale of Goods Act has been defined as a stipulation

The consent is said to be free when:

The buyer shall have and enjoy quiet possession of goods. This is an __________

The effect of refusal to accept a properly made offer of performance is that:

The right of lien is exercised

Delivery of the key of the warehouse by the seller to the buyer will amount to

A stipulation in a contract may be

Which of the following is correct?

A Sale of Goods under the Sale of Goods Act, 1930 includes

The Sale of Goods Act, 1930 came into force on

In which of the following circumstances a contract can be treated as discharged under the concept of supervening impossibility?

Where money is exchanged by one person for some money with another person, the transaction is known as

Understanding the Indian Contract Act and Essential Elements of Contracts

Fundamentals of Contract Law: Acceptance, Validity, and Performance

Contract Law and Agreements: Understanding Consent, Capacity, and Legality

Contract Law and Restitution: Understanding Consideration, Offers, and Obligations

Sale of Goods Act and Contract Law

Contract, Guarantee, Bailment, Agency, and Consumer Protection Act

The Information Technology Act, Contract Law, and Consumer Protection

Digital Signature, Contracts, Competition, and Rti Act 2005

Filters

Exam 5: Sale of Goods Act

'Delivery' within the meaning of the Sale of Goods Act can be

Which of the following may employ an agent?

In case the buyer rejects the whole quantity of goods due to short delivery or excess delivery, the contract is treated as

Fraud means

Which of the following rights are available to the unpaid seller against the buyer

The term 'possession of goods' means

Where no price is fixed by express agreement, the buyer shall pay the seller

An unlawful act by which an intending purchaser is prevented from bidding or raising the price at an auction sale is known as

A 'Condition' under the Sale of Goods Act has been defined as a stipulation

The consent is said to be free when:

The buyer shall have and enjoy quiet possession of goods. This is an __________

The effect of refusal to accept a properly made offer of performance is that:

The right of lien is exercised

Delivery of the key of the warehouse by the seller to the buyer will amount to

A stipulation in a contract may be

Which of the following is correct?

A Sale of Goods under the Sale of Goods Act, 1930 includes

The Sale of Goods Act, 1930 came into force on

In which of the following circumstances a contract can be treated as discharged under the concept of supervening impossibility?

Where money is exchanged by one person for some money with another person, the transaction is known as

Understanding the Indian Contract Act and Essential Elements of Contracts

Fundamentals of Contract Law: Acceptance, Validity, and Performance

Contract Law and Agreements: Understanding Consent, Capacity, and Legality

Contract Law and Restitution: Understanding Consideration, Offers, and Obligations

Sale of Goods Act and Contract Law

Contract, Guarantee, Bailment, Agency, and Consumer Protection Act

The Information Technology Act, Contract Law, and Consumer Protection

Digital Signature, Contracts, Competition, and Rti Act 2005

Filters