21
Which of the following section provides for 'termination of lien'
A)
Section 49
B)
Section 50
C)
Section 51
D)
Section 52
Answer & Solution
Answer: Option
A
22
Out of the following persons which of the following does not come under the definition of the "unpaid seller" as per Chapter V of Sale of Goods Act:
A)
A seller to whom the whole of the price has not been paid or tendered
B)
A seller to whom more than half of the price has been paid or tendered
C)
A seller who has received a bill of exchange as conditional payment and the condition on which it was received has not been fulfilled by reason of the dishonour of the instrument or otherwise
D)
A seller who has received a negotiable instrument as conditional payment and the condition on which it was received has not been fulfilled by reason of the dishonour of the instrument or otherwise
Answer & Solution
Answer: Option
C
23
A contract of sale of goods, on goods having been damaged/perished subsequent to the formation of the contract under section 8 of the Sale of Goods Act, 1930, can be avoided
A)
Before the property in goods has passed to the buyer
B)
After the property in goods has passed to the buyer
C)
At any time irrespective of whether the property in goods has passed to the buyer or not
D)
Only (B) not (A) or (C)
Answer & Solution
Answer: Option
A
24
In cases of goods sent on approval or 'on sale or return' basis under section 24 of the Sale of Goods Act, 1930, the goods are at
A)
The original owner's risk if perish by inevitable accident
B)
The risk of the person in whose possession the goods are at the time when they perished by inevitable accident
C)
The risk of the person to whom the goods are so sent if they person by inevitable accident
D)
Either (B) or (C)
Answer & Solution
Answer: Option
A
25
In Gherulal Parekh v. Mahadeo Das Maiya & Other, AIR 1959 SC 781, it has been held that wagering contracts are
A)
Opposed to public policy
B)
Immoral
C)
Both opposed to public policy and immoral
D)
Neither opposed to public policy nor immoral
Answer & Solution
Answer: Option
D
26
Between the finder and the owner of the good there is no contract, but
A)
The finder of the goods has the right to sue the owner for compensation for the expenses voluntarily incurred by him to preserve the goods and to find out the owner
B)
The finder can mix goods found by him with his own goods
C)
The finder cannot sell the goods found by him under any circumstances
D)
The finder of the goods is subject to the same responsibility as that of a Bailee
Answer & Solution
Answer: Option
D
27
A contract of sale may be made:
A)
A in writing or by word of mouth
B)
Partly in writing of partly by word of mouth
C)
By the implied conduct of parties
D)
All of the above
Answer & Solution
Answer: Option
D
28
The word "Property" in the Sale of Goods Act, 1930 means
A)
Seller or transferer
B)
Buyer or purchaser
C)
Goods or subject matter
D)
Ownership or title
Answer & Solution
Answer: Option
D
29
It has been remarked that the Sale of Goods Act has not proved one of the more successful pieces of codification undertaken by the Parliament, by
A)
P. S. Atiyah
B)
S. K. Kapoor
C)
Pollock & Mulla
D)
Justice Goda Raghuram
Answer & Solution
Answer: Option
A
30
The implied condition as contained in section 16(2) of the Sale of Goods Act, 1930, applies to
A)
Sale of goods by description only
B)
Sale of goods under a patent or other trade name
C)
Both (A) and (B)
D)
Only (A) and not (B)
Answer & Solution
Answer: Option
C
