41
Within the meaning of section 35 of the Sale of Goods Act, 1930
A)
Seller is not bound to deliver the goods until the buyer applies for delivery
B)
Seller is bound to deliver irrespective of buyer's application
C)
Provision for delivery not provided in the section
D)
None of above
Answer & Solution
Answer: Option
A
42
Under section 11 of the Sale of Goods Act, 1930, which of the following is an essence of the contract
A)
Time of payment
B)
Time of delivery
C)
Both (A) and (B)
D)
Neither (A) nor (B)
Answer & Solution
Answer: Option
B
43
Which of the following most appropriately describes the term "sale" as per Sale of Goods Act, 1930:
A)
A contract whereby seller transfers the property in goods
B)
A contract whereby seller transfers or agrees to transfer the property in goods to the buyer for a price
C)
A contract where transfer of the property in goods is to take place at a future time
D)
A contract where transfer of the property in goods is to take place subject to some condition thereafter to be fulfilled
Answer & Solution
Answer: Option
B
44
Which of the following element are not essential for transferring of title to the buyer from the seller?
A)
Payment of price
B)
Determination of time of delivery
C)
None of these
D)
Physical Delivery of the goods
Answer & Solution
Answer: Option
C
45
The Sales of Goods Act 1930 applies to
A)
Movable Property only
B)
Immovable Property only
C)
All of the above
D)
None of the above
Answer & Solution
Answer: Option
A
46
Where in a contract of sale, a condition has been inserted for the benefit of both the parties
A)
May be waived by either party unilaterally
B)
It may be waived by mutual agreement
C)
It cannot be waived
D)
Either (A) or (B)
Answer & Solution
Answer: Option
B
47
Where under a contract of sale of goods, obligations of one party are kept in abeyance till the fulfilment of certain conditions, it is a case of
A)
Condition precedent
B)
Condition concurrent
C)
Condition subsequent
D)
Either (A) or (B)
Answer & Solution
Answer: Option
A
48
Section 39 of the Sale of Goods Act, 1930 provides that where in pursuance of a contract of sale,
A)
Delivery of goods to the carrier for the purposes of transmission to the buyer, is a delivery to the buyer
B)
Delivery of goods to the carrier for the purposes of transmission to the buyer, is not a delivery to the buyer unless the goods reach its destination
C)
Delivery of goods to the carrier for the purposes of transmission to the buyer is not a delivery to the buyer unless the goods are removed by the buyer
D)
Delivery of goods to the carrier for the purposes of transmission to the buyer is a delivery to the buyer only if the carrier is named by the buyer
Answer & Solution
Answer: Option
A
49
Under sub-section (2) of section 30 of the Sale of Goods Act, 1930, the possession of goods
A)
Must be obtained by the buyer with the consent of the seller
B)
May be an entirely tortuous possession as against the seller
C)
Either (A) or (B)
D)
Neither (A) nor (B)
Answer & Solution
Answer: Option
A
50
Under section 38 of the Sale of Goods Act, 1930, where the contract provides for delivery by instalments to be separately paid for, breach of the same in respect of
A)
Even one instalment/payment amounts to repudiation of the whole contract always
B)
More than one instalments/payments amount to repudiation of the whole contract always
C)
One or more instalments/payments amount to repudiation of the whole contract or not depends on the terms of the contract
D)
Only (A) and not (B) or (C)
Answer & Solution
Answer: Option
C
