71
If there is a contract for sale of a specific or ascertained goods, the property in them is transferred to the buyer at such time as the
A)
Parties to the contract intend it to be transferred
B)
Law provides it to be transferred
C)
Court permits it to be transferred
D)
Only the buyer intends it to be transferred
Answer & Solution
Answer: Option
A
72
For part delivery of goods to be the delivery of the whole, under section 34 of the Sale of Goods Act, 1930
A)
The part delivery must be with intention of severing it from the whole
B)
The part delivery must be in progress of the delivery of the whole
C)
Either (A) or (B)
D)
Both (A) and (B)
Answer & Solution
Answer: Option
B
73
The measure of damages for the purposes of section 56 of the Sale of Goods Act, 1930 is
A)
The difference between the contract price and the lowest price on the date of breach of the contract
B)
The difference between the contract price and the market price on the date of breach of the contract
C)
The difference between the contract price and the closing price of the immediately previous date of the breach of the contract
D)
The difference between the contract price and the highest price on the immediately previous date of the breach of the contract
Answer & Solution
Answer: Option
B
74
Which of the following are not goods within the meaning of section 2(7) of the Sale of Goods Act, 1930
A)
Jubilee coins
B)
Coins of antiquity
C)
Current coins sold as curiosity
D)
None of the above
Answer & Solution
Answer: Option
D
75
The burden of proving that the breach of contract falls within the principle de minimis non curat lex, is on
A)
The party seeking to excuse the breach
B)
The party seeking to assail the breach
C)
Both (A) and (B)
D)
Either (A) or (B)
Answer & Solution
Answer: Option
A
76
Section 54 of the Sale of Goods Act, 1930, provides for the unpaid seller's
A)
Right of lien
B)
Right of stoppage in transit
C)
Right of re-sale
D)
All the above
Answer & Solution
Answer: Option
C
77
What are the requisites of contract of sale:
A)
An Offer and delivery of goods
B)
An Offer to buy or sell goods, for a price and its acceptance
C)
An Offer, delivery, possession and acceptance
D)
An Offer, price, delivery and acceptance
Answer & Solution
Answer: Option
C
78
If a transfer of title in goods from one person to the other is brought about under statutory compulsion, it will, within the meaning of the Sale of Goods Act, 1930
A)
Be no sale at all
B)
Always be a sale
C)
Depend on the facts of each case and terms of the particular statute regulating the dealings whether there can be contract of sale
D)
Only (B) and not (A) or (C)
Answer & Solution
Answer: Option
C
79
In case of a contract of delivery of goods in instalments and price payable on complete delivery, the right of lien is not available
A)
From the very beginning and the buyer can claim delivery of all the instalments
B)
On buyer becoming insolvent before the delivery of all instalments
C)
Both (A) and (B)
D)
Neither (A) nor (B)
Answer & Solution
Answer: Option
A
80
Section 23 of the Sale of Goods Act, 1930, applies to a contract for sale of unascertained goods
A)
By sample
B)
By patent or other trade name
C)
By description
D)
By sample as well as by description
Answer & Solution
Answer: Option
C
