41
Which of the followingcannot be said to be included in the term "goods" defined under section 2(7) of the Sale of Goods Act, 1930:
A)
Stock
B)
Shares
C)
Growing crops
D)
Actionable claims
Answer & Solution
Answer: Option
D
42
Which of the following statement is correct according to Section 2(9) of the Sale of Goods Act? "Mercantile Agent" means a mercantile agent
A)
Having in the usual course of business as such seller authority either to sell goods, or to consign goods for the purpose of sale, or to buy goods, or to distribute money for security of goods
B)
Having in the customary business as such agent power either to sell goods, or to mortgage goods for purpose of sale
C)
Having in the customary course of business as such agent authority to sell goods
D)
Having in the normal course of business as such agent authority to confine goods or, to raise goods for purpose of the security of money
Answer & Solution
Answer: Option
C
43
When does the property in the goods pass to the buyer in case of contract for the sale of specific or ascertained goods
A)
When the contract for sale is made
B)
When the parties to the contract intend it to be transferred
C)
When the price is paid for the goods
D)
When the delivery of goods has been made
Answer & Solution
Answer: Option
B
44
An agreement to sell the transfer of ownership is . . . . . . .
A)
Definite
B)
Mandatory
C)
Conditional
D)
Immaterial
Answer & Solution
Answer: Option
C
45
"Under the Sale of Goods Act, 1930, right of stoppage in transit starts when right to lien on goods expires."
A)
Wrong
B)
Right
C)
Half wrong and half right
D)
None of the above
Answer & Solution
Answer: Option
B
46
Which of the following documents is a document of title to 'goods' within the meaning of section 2(4) of the Sale of Goods Act, 1930
A)
Warehouse keeper's certificate
B)
Warfinger's certificate
C)
Both (A) and (B)
D)
Neither (A) nor (B)
Answer & Solution
Answer: Option
C
47
'Consent' under section 30(2) of the Sale of Goods Act, 1930 means
A)
Free consent
B)
Agreeing on the same thing in the same sense
C)
Free consent as well as agreeing on the same thing in the same sense
D)
Consent which may be obtained by fraud making the contract voidable and not void
Answer & Solution
Answer: Option
B
48
A contract for sale of goods to be delivered at a future date shall
A)
Be invalid if the seller has not the goods in present possession
B)
Be invalid if the seller has not contracted for the purchase of those goods
C)
Be invalid if the seller only expects or hopes to acquire
D)
Not be invalid if the seller has not got the goods in present possession nor has contracted for the purchase of the same nor has any expectation of getting them
Answer & Solution
Answer: Option
D
49
. . . . . . . . is termed as consideration in a contract of sale:
A)
Exchange money
B)
Barter money
C)
Price
D)
Reward
Answer & Solution
Answer: Option
C
50
In Agreement to sell the transfer of property in goods from the seller to the buyer takes place
A)
At the end of contract
B)
Immediately
C)
In a future Date
D)
Both B and C
Answer & Solution
Answer: Option
C
