Sales of Goods Act 1930 Online Test

Back

Sales of Goods Act 1930

Description: Sales of Goods Act 1930, Commerce, Sales Act
Number of Questions: 15
Created by: Garima Pandit
Tags: Sales of Goods Act 1930 Commerce Sales Act The Sale of Goods Act, 1930

Start the Quiz

The Sale of Goods Act was enacted in

1930
1872
1932
1956
2002

ABC Ltd. purchased perishable goods from Mohan Bros. by description. Prior to two days from the date of delivery, the goods get damaged. Which of the following is correct regarding the relief that the seller can enjoy?

Seller is not liable.
Seller is partially liable.
Contract is void.
Contract is voidable.
Contract can be avoided by giving voidable option to buyer for contract.

Which of the following is a feature of an agreement to sell, instead of a contact of sale?

Transferring the goods to buyer
Fulfillment of a condition
Transfer of ownership
Contract may be absolute or conditional.
Goods

Which of the following is a reasonable manner to determine the price under contract of sale?

Fixed in contract
Fluctuations in market
Negotiations
Buyer's perception
Seller's perception

An agreement to sell shall be made for which of the following kinds of goods?

Existing goods
Future goods
Intermediate goods
Finished goods
Perishable goods

Which of the following is a stipulation collateral to the main purpose of the contract?

Condition
Warranty
Repair and maintenance
Guarantee
Replacement

Asha purchased goods by making full payment from Minocha Enterprises due to a threat enforced on her by her husband. Which of the following essential elements of a contract is missing in the contract of sale?

Free consent
Two parties
Consideration
Subject matter must be goods
Legal formalities

Unpaid seller is entitled to some rights against the goods under the Sale of Goods Act, 1930. Which of the following is not in the list of rights conferred under this act?

Right of lien
Right of resale
Right of stoppage in transit
Right of suit for price
Right to deliver the goods

Which of the following is/are not essential for a contract of sale?

Two parties
Price
Goods
Partnership
Delivery of goods

Which of the following remedies is not available in case of breach of contract?

Suit for price
Damages for non-acceptance
Damages for repudiation
Damages by way of interest
Right of lien

Which of the following is an implied condition to sale as per Sale of Goods Act, 1930?

Condition as to title
Sale by description
Condition as to quality or fitness
Condition by sample
All of the above

Which of the following must necessarily be the subject matter of a contract of sale?

Goods
Services
Fictitous assets
Immovable property
Complete sale

Which section of Sale of Goods Act, 1930 deals with the definition of unpaid seller?

Section 45
Section 24
Section 17
Section 15
Section 4

Which of the following is not a document of title as per Sale Of Goods Act, 1930?

Bill of lading
Dock warrant
Railway receipt
Wharfingers' certificate
Bill containing description of quantity and quality of goods only

Mr. A sold his motorcycle to Mr. B at a price of Rs. 5,00,000. Mr. B made part payment on the delivery of the motorcycle and promised to pay the rest of the amount in a month's time from the date of delivery. One month has passed but Mr. A has not recieved the complete payment. Which of the following remedies can be suggested to Mr. A?

Mr. A can exercise his right of lien.
Mr. A may sue him for the price of the goods.
Mr. A can exercise the right to resell the goods.
Mr. A can exercise the right to stop the goods in transit.
Mr. A can exercise the right to sue Mr. B for the damages.

- Hide questions

Sales of Goods Act 1930

Find more quizzes from top tags