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Sale of Goods Act - III

Description: The Sale of Goods Act, 1930
Number of Questions: 29
Created by:
Tags: The Sale of Goods Act, 1930
Attempted 0/29 Correct 0 Score 0

If the buyer buys an article under its patent name the implied condition that articles are fit for a specific purpose shall not apply.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

In case a condition is changed to the status of a warranty, then the buyer (i) loses the right to reject the merchandise, and (ii) retains the right to the claim damages?

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

Delivery should have the effect of putting the goods in the possession of the buyer and the effect of putting the goods in the possession of his duly authorized agent.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

Mr. Karunakaran owns a residential flat in Chennai. He is entitled to enjoy quite possession and enjoyment of his property. This is called

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: B

If the buyer has paid the price and merchandise are not delivered, the buyer can recover the amount paid.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

In symbols delivery, the seller hands over the keys of a ware house containing the goods to the buyer.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

Law relating to sale of goods is contained in the sale of Goods Act 1930.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

A sale can be of existing goods and specific goods.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

The goods are subject matter of the contract of sale. The goods are movable goods only.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

X agreed to exchange with 10 bags of sugar at Rs. 40, 000 for 40 bags of wheat at Rs. 42, 000 and difference of Rs. 2000 in cash and hence it is a contract of sale.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

In the agreement to sell, the original buyer can only sue the seller for damages.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

In a sale if the buyer becomes insolvent before he pays the dues to the seller in the absence of lien, he must hand over the goods to the official, receiver or official assigance, whichever the case may be

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

In sale of goods the undertaking to deliver the goods to the possessor of the document must be unconditional.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

Legally a contract of sale includes

  1. agreement to sell

  2. sale

  3. none

  4. sale and agreement to sell


Correct Option: D

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

  1. Felled and ascertained

  2. Not felled and not ascertained

  3. Ascertained

  4. None


Correct Option: A

A contract for sale of future goods is

  1. Agreement to sell

  2. Sale

  3. Hire purchase contract

  4. None


Correct Option: B

The essence of a right of lien is to retain the possession.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

Price consideration in a contract of sale can be

  1. Money

  2. Goods

  3. Partly by way of money and/or partly by way of goods

  4. No consideration required


Correct Option: C

When the payment is made by a negotiable instrument it is usually a conditional payment, the condition being that the instrument shall be duly honoured.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

The lien is revived on the dishonour of the bill.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

The right of stoppage in transit is available to the unpaid seller when the buyer becomes insolvent and the good are in transit.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

When the property is transferred from the seller to the buyer, the goods are at the buyer's risk, whether delivery has been made or not.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

The property in goods does not pass to the buyer if he wrongly retains the bill of lading and/or railway receipt

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

When the carrier is holding goods as the buyer's agent, the seller can not exercise his right of stoppage in transit.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

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

  1. Adopts transaction

  2. Accept the goods

  3. Fails to return the good

  4. All of the above


Correct Option: D

Ram has sold 7000 quintals of wheat to Suresh Kumar who paid by cheque Rs. 1400000 as full considerations. The cheque was dishonored upon presentation. Ram Kumar gave delivery orders to Suresh Kumar resold it to Ganesh, a buyer, in good faith for consideration, endorsing the delivery order to him. Ram Kumar refuses to deliver the goods to Ganesh, on the plea of non payment. In this case

  1. Ganesh gets good title to goods.

  2. Suresh Kumar gets good title to goods.

  3. Ramesh Kumar gets good title to goods.

  4. Ramesh Kumar retains the title to goods.


Correct Option: A

A contract of sale has some special features which are uncommon to all contracts.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

Amar contracts with Ajay to buy 100 tons of cane sugar. Amar delivers to Ajay 90 tons of cane sugar and 10 tons of beet sugar. Amar may accept 90 tons by rejecting 10 tons which is not of the terms of contract, he may reject 10 tons fully and he may reject the whole quantity.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A

If the seller refuges to take away the rejected goods, then the buyer becomes the bailee of the goods and he may charge for keeping the merchandise.

  1. True

  2. False

  3. Partly true

  4. Cannot say


Correct Option: A
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