41
. . . . . . . cannot be a subject matter of Sale of goods
A)
Gas
B)
Electricity
C)
Money
D)
All of the above
Answer & Solution
Answer: Option
C
42
Section 22 of the Sale of Goods Act, 1930 deals with cases
A)
Where though the goods are ascertained and a deliverable state, something has to be done by the seller for ascertaining the price
B)
Where though the goods are ascertained and in a deliverable state and something is to be done by the buyer for the ascertaining of price
C)
Where though the goods are ascertained but something is to be done by the seller to put them in a deliverable state
D)
Both (A) and (B)
Answer & Solution
Answer: Option
A
43
Exclusion of, implied terms and conditions stated under the law, is provided under
A)
Section 60 of the Sale of Goods Act, 1930
B)
Section 61 of the Sale of Goods Act, 1930
C)
Section 62 of the Sale of Goods Act, 1930
D)
Section 64A of the Sale of Goods Act, 1930
Answer & Solution
Answer: Option
C
44
A contract of present sale of future goods, under section 6(3) of the Sale of Goods Act, 1930, operates as a
A)
Contract of sale
B)
Agreement to sell
C)
Either (A) or (B) depending on the terms of the contract
D)
Estoppel or quasi contract of sale
Answer & Solution
Answer: Option
B
45
Where the contract for the sale of goods provides for delivery 'ex-ship', by virtue of section 36(5) of the Sale of Goods Act, 1930, the seller
A)
Shall bear all expenses necessary to release the ship-owner's lien
B)
Shall pay the freight and insurance charges
C)
Shall pay all charges to be paid to enable the goods to be removed from the dock
D)
Shall pay all expenses upto shipment
Answer & Solution
Answer: Option
A
46
Where the goods delivered to the buyer are mixed with goods of a different description not included in the contract, under section 37(3) of the Sale of Goods Act, 1930, the buyer
A)
Cannot reject the whole
B)
Can accept the goods which are in accordance with the contract and reject the rest
C)
Either (A) or (B)
D)
Neither (A) nor (B)
Answer & Solution
Answer: Option
B
47
Under section 24 of the Sale of Goods Act, 1930, in cases of goods sent 'on approval' or 'on sale or return' basis, the property in goods does not pass
A)
Until the approval is signified by the buyer
B)
Until the goods are kept beyond the prescribed period where the period is fixed
C)
Until the goods are kept beyond a reasonable period where the period is not fixed
D)
Either (A) or (B) or (C)
Answer & Solution
Answer: Option
D
48
Section 11 of the Sale of Goods Act, 1930 provides for
A)
Stipulation as to time in a contract of sale
B)
Conditions
C)
Warranties
D)
All the above
Answer & Solution
Answer: Option
A
49
Which of the following is necessary for the formation of the contract of sale of goods under section 5 of the Sale of Goods Act, 1930
A)
Payment
B)
Delivery
C)
Both payment and delivery
D)
Neither payment nor delivery
Answer & Solution
Answer: Option
D
50
Rights of an unpaid seller against the goods, under the Sale of Goods Act, 1930, have been prescribed in
A)
Chapter V
B)
Chapter VI
C)
Chapter VII
D)
Chapter IV
Answer & Solution
Answer: Option
A
