11
Under section 2(11) of the Sale of Goods Act, 1930, the property in goods means
A)
The general property or ownership in goods
B)
The specific property or ownership in goods
C)
Both (A) and (B)
D)
Either (A) or (B)
Answer & Solution
Answer: Option
A
12
Under section 28 of the Sale of Goods Act, 1930, a buyer from one of the joint owners of the goods get a good title if he buys the goods
A)
In good faith
B)
Without having notice of any want of authority in the seller
C)
Either in good faith or without having notice of any want of authority in the seller
D)
In good faith and without having notice of any want of authority in the seller
Answer & Solution
Answer: Option
D
13
In which of the following cases an unpaid seller does not lose his right of lien:
A)
When seller delivers the goods to a carrier or other bailee for the purpose of transmission to the buyer without reserving the right of disposal
B)
When buyer or his agent lawfully obtains possession of the goods
C)
When the unpaid seller has obtained the decree for the price of the goods
D)
When the unpaid seller himself waives off his right of lien
Answer & Solution
Answer: Option
C
14
Which of the following is an implied condition in case of a contract for sale by sample?
A)
Goods shall not be free from any defect, rendering them unmerchantable, which would not be apparent on reasonable examination of the sample
B)
Bulk not corresponding with the sample in quality
C)
Buyer shall not have a reasonable opportunity of comparing the bulk with the sample
D)
None of these
Answer & Solution
Answer: Option
D
15
Section 25 of the Sale of Goods Act, 1930, deals with
A)
Unconditional appropriation of the goods to the contract of sale
B)
Conditional appropriation of the goods to the contract of sale
C)
Both (A) and (B)
D)
Neither (A) nor (B)
Answer & Solution
Answer: Option
B
16
In case of guarantee, the liability of the surety is
A)
Primary as compare to that of the principal debtor
B)
Secondary as compare to that of the principal debtor
C)
Co-extensive with that of the principal debtor
D)
All of the above
Answer & Solution
Answer: Option
C
17
When the price is not determined in the contract or agreed between the parties, the buyer shall pay the seller:
A)
A fair price
B)
A reasonable price
C)
Market price
D)
Average price
Answer & Solution
Answer: Option
B
18
Section 7 of the Sale of Goods Act, 1930 is not applicable to
A)
f.o.b. contract
B)
c.i.f. contract
C)
Both (A) and (B)
D)
Neither (A) nor (B)
Answer & Solution
Answer: Option
B
19
In a c.i.f. contract, where the stipulation is cash against documents, a refusal by the buyer to pay on tender of the documents
A)
Entitles the seller to repudiate the contract
B)
Does not entitle the seller to repudiate the contract
C)
May or may not entitle the seller to repudiate the contract
D)
Either (A) or (C)
Answer & Solution
Answer: Option
A
20
Under section 42 of the Sale of Goods Act, 1930, acceptance of goods by the buyer
A)
Can be absolute
B)
Can be conditional
C)
Either (A) or (B)
D)
Only (A) and not (B)
Answer & Solution
Answer: Option
C
