Sale Of Goods Act MCQ question and answer

81

Time is of essence in a contract for sale of goods:

A) The statement is absolutely correct B) The statement is governed by the agreement between the parties C) The statement would be determined from the nature of the agreement and the conduct of the parties D) The statement is incorrect in the eyes of law

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Answer & Solution

Answer: Option C

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82

Which of the following is not a necessary ingredient of contract of sale?

A) Simultaneous delivery of goods and payment for goods B) Acceptance C) Consideration D) Offer

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Answer & Solution

Answer: Option A

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83

Transfer or agree to transfer the . . . . . . . of the goods is the purpose of sale of goods Act

A) Property B) Possession C) Value D) Usage

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Answer & Solution

Answer: Option B

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84

Where the goods are not specific and ascertained at the time of the making of the contract, the contract can be

A) Contract of sale B) Agreement to sell C) Either (A) or (B) D) Neither (A) nor (B)

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Answer & Solution

Answer: Option B

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85

For passing of property in goods under section 23 of the Sale of Goods Act, 1930, the goods

A) Must be in a deliverable state B) The seller is to do something to put the goods in a deliverable state C) The buyer is to do something for ascertaining the price D) The seller is to do something for ascertaining the price

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Answer & Solution

Answer: Option A

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86

Which of the following rights of an unpaid-seller can be exercised only when the buyer has become insolvent and not otherwise;

A) Right of lien B) Right of Re-sale C) Right of Stoppage in transit D) Right to Sue

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Answer & Solution

Answer: Option C

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87

In a Sale by sample, the implied condition is

A) The bulk of goods will correspond with sample B) The buyer shall have a reasonable opportunity of comparing the bulk with sample C) That the goods shall be free from any latent defect D) All the above

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Answer & Solution

Answer: Option B

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88

Under section 2(14) of the Sale of the Goods Act, 1930, 'specific goods' means

A) Goods which are capable of identification B) Generic goods C) Goods identified and agreed upon D) Either (A) or (C)

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Answer & Solution

Answer: Option C

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89

The implied condition as to fitness of goods for a particular purpose provided under 16(1) of the Sale of Goods Act, 1930 applies

A) Where the buyer relies on his own judgment B) Where the buyer relies on the judgment of the manufacture or dealer and also places reliance on other things C) Where the buyer relies on the judgment of the manufacture or dealer to the exclusion of any reliance on anything else D) Where the buyer relies on the judgment of the manufacture or dealer irrespective of whether he places reliance on anything else or not

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Answer & Solution

Answer: Option D

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90

The Sale of Goods Act, 1930 in its operation is

A) Prospective B) Retrospective C) Prospective in cert-in respects and retrospective in certain other respects D) Only (C) and not (A) or (B)

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Answer & Solution

Answer: Option A

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Sale Of Goods Act MCQ question and answer | Law MCQ question