81
. . . . . . . can be a subject matter of sale of goods Act
A)
Trademark
B)
Patent
C)
Goodwill
D)
All of the above
Answer & Solution
Answer: Option
D
82
Whether a given contract is one of sale or some other kind of contract, in respect of goods, it is a question of
A)
Form
B)
Substance
C)
Terminology
D)
Both form and substance
Answer & Solution
Answer: Option
B
83
"Mercantile" agent means the person
A)
Who sell goods, or consigns for the purpose of sell, or buy goods or raise money on security of goods
B)
Who only sell or purchase
C)
Who only consign goods
D)
Who only transfer goods
Answer & Solution
Answer: Option
A
84
Conditions and warranties in a contract may be
A)
Express
B)
Implied
C)
Express or Implied
D)
None of the above
Answer & Solution
Answer: Option
C
85
The term 'goods' has been defined in the Sale of Goods Act, 1930, under
A)
Section 2(5)
B)
Section 2(6)
C)
Section 2(7)
D)
Section (8)
Answer & Solution
Answer: Option
C
86
What is a 'reasonable time', by virtue of section 63 of the Sale of Goods Act, 1930, is a
A)
Question of law
B)
Question of fact
C)
Mixed question of law and fact
D)
Either (B) or (C)
Answer & Solution
Answer: Option
B
87
The right of lien, under section 47 of the Sale of Goods Act, 1930, can be exercised by the unpaid seller on failure of the buyer in paying the price
A)
During his solvency
B)
On account of his insolvency
C)
Either (A) or (B)
D)
Only (B) and not (A)
Answer & Solution
Answer: Option
C
88
Can the agreement be avoided when there is an agreement to sell specific goods but subsequently the goods perish or become so damaged without any fault of the seller or buyer:
A)
It can be avoided by the parties
B)
It can't be avoided by the parties
C)
It can be avoided only with the approval of Court
D)
It can be avoided only if there is a contract in this regard between the parties
Answer & Solution
Answer: Option
A
89
Section 55(2) of the Sale of Goods Act, 1930, applies where
A)
The delivery of goods to the buyer has taken place
B)
The delivery of goods to the buyer has not taken place
C)
Either (A) or (B)
D)
Neither (A) nor (B)
Answer & Solution
Answer: Option
C
90
Which of the following statement is correct?
A)
Notwithstanding any express contract the seller of goods is not bound to deliver them until the buyer applies for delivery
B)
A part from any express contract, the seller of goods is not bound to deliver them until the buyer applies for delivery
C)
A part from any express contract the seller of goods is bound to deliver them until the buyer applies for delivery
D)
A part from any express contract, the buyer of goods is bound to deliver them when the seller applies for delivery
Answer & Solution
Answer: Option
B