21
In cases where there is a breach of condition by the seller, under section 13 of the Sale of Goods Act, 1930
A)
The buyer has no right to retain the goods but only to reject the goods
B)
The buyer has no right to reject the goods
C)
The buyer may retain the goods though he has the right to reject them
D)
The buyer who has retained the goods still has a right to reject the goods
Answer & Solution
Answer: Option
C
22
The rule in the Latin maxim nemo dat quod non habet under the Sale of Goods Act is contained in
A)
Section 27
B)
Section 29
C)
Section 26
D)
Section 28
Answer & Solution
Answer: Option
A
23
Under section 27 of the Sale of Goods Act, 1930, a sale by a merchantile agent is valid where the merchantile agent is
A)
In possession of the goods as merchantile agent with the consent of the owner
B)
In possession of the goods as merchantile agent without the consent of the owner
C)
In possession of the goods as merchantile agent with or without the consent of the owner
D)
Is not in possession of the goods as merehantile agent but has the consent of the owner
Answer & Solution
Answer: Option
A
24
Under section 64 of the Sale of Goods Act, 1930, where a right to bid at the auction has been expressly reserved by the seller at the auction the seller can depute
A)
Any number of agents to bid on his behalf
B)
Not more than five agents to bid on his behalf
C)
Not more than three agents to bid on his behalf
D)
Not more than one agent to bid on his behalf
Answer & Solution
Answer: Option
D
25
Section 27 states the 'Transfer of title', it is based on:
A)
The maxim "quid pro quo"
B)
Rule of "Caveat Emptor"
C)
Both (A) and (B)
D)
The maxim "nemo dat qui non habet"
Answer & Solution
Answer: Option
D
26
In case of conditional payment through a negotiable instrument, under section 45 of the Sale of Goods Act, 1930, the seller is unpaid
A)
If the buyer fails to meet the bills at maturity
B)
If the buyer becomes insolvent during the currency of the bill
C)
Either (A) or (B)
D)
Only (A) and not (B)
Answer & Solution
Answer: Option
C
27
Which one of the following is incorrect? Under the Sale of Goods Act, to make the buyer liable for neglecting or refusing delivery of goods the following conditions must be fulfilled:
A)
The seller was ready and willing to deliver the goods
B)
The seller requested the buyer to take delivery
C)
The seller informed the buyer to ignore the delay and take delivery
D)
The buyer did not, within a reasonable time after such request take delivery of the goods
Answer & Solution
Answer: Option
C
28
Section 17 of the Sale of Goods Act, 1930, provides for implied conditions in a contract of sale of goods
A)
By description
B)
By sample
C)
By sample as well as by description
D)
Either by sample or by description
Answer & Solution
Answer: Option
B
29
Delivery of goods sold to the buyer, under section 33 of the Sale of Goods Act, 1930, can be
A)
Actual
B)
Symbolical
C)
Constructive
D)
Either (A) or (B) or (C)
Answer & Solution
Answer: Option
D
30
"Dealer" includes a person who is engaged:
A)
In building bodies for attachment to chassis; or
B)
In the repair of motor vehicles; or
C)
In the business of hypothecation, leasing or hire-purchase of motor vehicle
D)
All of the above
Answer & Solution
Answer: Option
D