91
Choose the most appropriate answer. Unless otherwise agreed, the goods remain at seller's risk until:
A)
The goods have been delivered to the buyer
B)
The goods have been utilised by the buyer
C)
The price to the goods has been received by seller
D)
The property therein has been transferred to the buyer
Answer & Solution
Answer: Option
D
92
The rule de minimis non curat lex means
A)
The trivial discrepancies must not be over-looked
B)
The trivial discrepancies must be over-looked
C)
The significant discrepancies must be over-looked
D)
The significant discrepancies must not be over-looked
Answer & Solution
Answer: Option
B
93
The right of lien is lost by the unpaid seller, under the circumstances stated in
A)
Section 47 of the Sale of Goods Act, 1930
B)
Section 48 of the Sale of Goods Act, 1930
C)
Section 49 of the Sale of Goods Act, 1930
D)
Section 50 of the Sale of Goods Act, 1930
Answer & Solution
Answer: Option
C
94
Goods are deemed to be in course of transit from the time when they are delivered to a carrier or other bailee for the purpose of transmission to the buyer,
A)
Until the buyer or his agent in that behalf takes delivery of them from such carrier or other bailee
B)
Until the buyer himself takes delivery of them from such carrier or other bailee
C)
Until the buyer or his agent personally communicates to the carrier or bailee that the delivery is taken
D)
None of the above
Answer & Solution
Answer: Option
A
95
'The documents of title to goods' in the Sale of Goods Act, 1930 have been described, under
A)
Section 2(3)
B)
Section 2(4)
C)
Section 2(1)
D)
Section (2)
Answer & Solution
Answer: Option
B
96
Where there is an agreement for delivery of goods by instalments
A)
The contract stands split up into as many separate contracts as there are instalments
B)
The contract remains one and entire not divisible in performance
C)
The contract remains one and entire through divisible in performance
D)
The contract stands split up into as many separate contracts as there are payments of price
Answer & Solution
Answer: Option
C
97
Chapter IV of the Sale of Goods Act, 1930, deals with
A)
Performance of the contract
B)
Effects of the contract
C)
Rights of the unpaid seller
D)
Formation of the contract
Answer & Solution
Answer: Option
A
98
The rule of 'Caveat Emptor' means:
A)
Let buyer beware
B)
Let seller beware
C)
Both (A) and (B)
D)
Either (A) or (B)
Answer & Solution
Answer: Option
A
99
Section 32 of the Sale of Goods Act, 1930 provides that
A)
The delivery of goods shall precede the payment of the price
B)
The payment of price shall be a condition precedent for delivery of goods
C)
The delivery of goods and the payment of price shall be concurrent condition
D)
The delivery of goods and the payment of price shall be conditions subsequent
Answer & Solution
Answer: Option
C
100
A contract of sale of goods can be
A)
Conditional
B)
Absolute
C)
Temporary
D)
Either (A) or (B)
Answer & Solution
Answer: Option
D
