61
Section 7 of the Sale of Goods Act, 1930 makes contract of sale
A)
Voidable at the instance of the buyer
B)
Voidable at the instance of the seller
C)
Void
D)
Neither (A) nor (B) nor (C)
Answer & Solution
Answer: Option
C
62
Where in a 'contract of sale', no limit is specified for the delivery of the goods, the seller:
A)
Should send it in a month's time
B)
Should send it as early as possible
C)
Should send it within a reasonable time
D)
None of the above
Answer & Solution
Answer: Option
C
63
Under section 37 of the Sale of Goods Act, 1930, the buyer has a right to reject the whole of the goods delivered
A)
Where the quantity delivered is less than the quantity contracted for
B)
Where the quantity delivered is larger than the quantity contracted for
C)
Either (A) or (B)
D)
Only (A) and not (B)
Answer & Solution
Answer: Option
C
64
Delay in taking the delivery of the goods by the buyer, under section 44 of the Sale of Goods Act, 1930, entities
A)
The seller to rescind the contract
B)
The seller to change the buyer with warehouse expenses
C)
The buyer to rescind the contract
D)
Both (A) and (B)
Answer & Solution
Answer: Option
B
65
The prima facie evidence of a reasonable price within the meaning of section 9 of the Sale of Goods Act, 1930 is
A)
The current price
B)
The market price
C)
The one which the court fixes
D)
The average of the highest and the lowest price in a period of one year
Answer & Solution
Answer: Option
B
66
Section 26 of the Sale of Goods Act, 1930 lays down the rule
A)
Risk follows the property
B)
Risk follows the delivery
C)
Risk follows the defaulter
D)
All the above
Answer & Solution
Answer: Option
A
67
The Sale of Goods Act deals only with goods which are . . . . . . . . in nature
A)
Immovable
B)
Movable
C)
Specific
D)
All of the above
Answer & Solution
Answer: Option
B
68
Which of the following Section provides for the Seller's right to reserve the 'right of disposal':
A)
Section 25
B)
Section 26
C)
Section 27
D)
Section 28
Answer & Solution
Answer: Option
A
69
Which of the following statement is incorrect?
A)
A stipulation in a contract of sale may be a condition or warranty
B)
A breach of warranty sometimes results into repudiation of contract
C)
A breach of condition results into repudiation of contract
D)
None of the above
Answer & Solution
Answer: Option
D
70
What is the purpose behind the enactment of Sale of Goods Act, 1930?
A)
To define the laws relating to the sale of goods
B)
To consolidate and amend the laws relating to the sale of goods
C)
To consolidate, amend and define the laws relating to the sale of goods
D)
To define and amend the laws relating to the sale of goods
Answer & Solution
Answer: Option
D
