Choose the most appropriate option in respect of a Sale which is not generally rescinded by lien or stoppage in transit:
A. A contract of sale is rescinded by the exercise of an unpaid seller's right of lien or stoppage of lien
B. Where an unpaid seller who has exercised his right of lien or stoppage in transit resells the goods, the buyer of such goods does not acquire a good title thereto as against the original buyer
C. Where the seller resells the goods in case of buyer's default the original contract of sale is not rescinded
D. Where the unpaid seller who has exercised his right of lien or stoppage in transit gives notice to buyer ofhis intention to resell, the unpaid seller may resell the goods within a reasonable time and recover damages incurred due to his breach of the contract from the original buyer
Answer: Option D
This Question Belongs to Law >> Sale Of Goods Act
The Sale of Goods Act, 1930 is based on:
A. The English Bill of Exchange Act, 1882
B. The Transfer of Property Act, 1882
C. The English Sale of Goods Act, 1893
D. The Indian Contract Act, 1872
Which of the following is not the right of an unpaid seller under Sale of Goods Act, 1930:
A. Right of lien on goods for the price while the goods are in possession of seller
B. Right of stopping the goods in transit, in case of insolvency of buyer
C. Right of resale as limited by the Act
D. Right of withholding delivery where the property in the goods has passed to the buyer
Under section 9 of the Sale of Goods Act, 1930, what is a reasonable price is
A. A question of fact
B. A question of law
C. A mixed question of fact and law
D. Only (C) and not (A) or (B)
Before the enactment of Sale of Goods Act, the provisions regarding Sale of Goods were contained in:
A. Indian Contract Act, 1872
B. Indian Registration Act, 1908
C. Transfer of Property Act, 1882
D. Indian Partnership Act, 1932
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