61
The Sale of Goods Act, 1930
A)
Does not define the term mercantile agent
B)
Defines the term mercantile agent under section 2(9)
C)
Defines the term mercantile agent under section 2(10)
D)
Defines the term mercantile agent under section 3
Answer & Solution
Answer: Option
B
62
A written condition in an auction sale of goods which protects the seller
A)
Can be over-ridden by a written warranty only before the auction so that damages can be recovered for breach of the warranty
B)
Can be over-ridden by an oral warranty before the auction and damages may be recovered for breach of the warranty
C)
Cannot be over-ridden by an oral warranty before the auction
D)
Only (C) and neither (A) nor (B)
Answer & Solution
Answer: Option
B
63
Under section 19 of the Sale of Goods Act, 1930, the property in goods in a contract for sale of specific or ascertained goods, passes to the buyer
A)
When the contract is made
B)
When the parties intend the property in goods to pass
C)
When the goods are delivered
D)
When the price is paid
Answer & Solution
Answer: Option
B
64
In contracts of sale and purchase of goods, the measure of damages will be
A)
The difference between the price contracted and the price actually paid
B)
The difference between the market price and the price actually paid
C)
The difference between the price agreed upon the market price
D)
The difference between the market price and the speculated paid
Answer & Solution
Answer: Option
C
65
Formalities of the Contract of Sale of Goods have Leen provided in the Sale of Goods Act, 1930, under
A)
Section 5
B)
Section 6
C)
Section 4
D)
Section 7
Answer & Solution
Answer: Option
A
66
Where the seller appropriates the goods on shipment, yet deals with the bill of lading in such a way as to prevent the buyer obtaining possession of the goods without payment of the price, the property in goods shall
A)
Pass to the buyer absolutely
B)
Not pass to the buyer at all
C)
Pass to the buyer subject to seller's lien for the price
D)
Either (B) or (C)
Answer & Solution
Answer: Option
C
67
The second exception to the rule of caveat emptor is contained under . . . . . . . . . of the Sale of Goods Act, 1930
A)
Section 16(1)
B)
Section 16(2)
C)
Section 16(3)
D)
Section 16(4)
Answer & Solution
Answer: Option
B
68
Right to stoppage in transit arises:
A)
When the buyer becomes insolvent
B)
When the goods are in transit
C)
Either (A) or (B)
D)
Both (A) and (B)
Answer & Solution
Answer: Option
D
69
The right to sue a carrier lies
A)
With the seller who delivers the goods to the carrier
B)
With the buyer to whom the goods have been transmitted
C)
With the party in whom the property in goods vest
D)
Only the buyer and not the seller irrespective of in whom the property in goods vest
Answer & Solution
Answer: Option
C
70
Under the Sale of Goods Act, 1930 the delivery can be:
A)
Symbolic only
B)
Actual only
C)
Constructive only
D)
All the above
Answer & Solution
Answer: Option
D
