1
'Quality of goods' under section 2(12) of the Sale of Goods Act, 1930 has a reference
A)
Fitness for a particular purpose
B)
State or condition
C)
Description
D)
Either (A) or (B) or (C)
Answer & Solution
Answer: Option
B
2
In an auction sale of goods, an agreement between the participating bidders to form a ring or knock out, refraining from bidding against each other is
A)
Illegal
B)
Immoral
C)
Neither illegal nor immoral
D)
Illegal and immoral both
Answer & Solution
Answer: Option
C
3
Under section 16 of the Sale of Goods Act, 1930 in a contract of sale of goods, ordinarily
A)
There is an implied warranty as to the quality or fitness for any particular purpose of goods
B)
There is an implied condition as to the quality or fitness for any particular purpose of goods
C)
There is no implied warranty or condition as to the quality or fitness for any purpose of goods
D)
There is an implied warranty or condition as to the quality or fitness for any purpose of goods
Answer & Solution
Answer: Option
C
4
A sold his laptop to B, but for some repairing purpose A retained the laptop with him. The laptop is stolen by C, in this case the loss will fall on
A)
B
B)
C
C)
A
D)
None of them
Answer & Solution
Answer: Option
A
5
When does an agreement to sell become a sale as per the provisions of Sale Of Goods Act, 1930:
A)
When the seller transfers the property in goods
B)
When the seller agrees to transfer the property in goods
C)
When the time elapses or the conditions subject to which the property in the goods is to be transferred are fulfilled
D)
Agreement to sell is deemed to be sale
Answer & Solution
Answer: Option
C
6
Passing of property in goods on sale by one of the joint owners is regulated under the Sale of Goods Act, 1930 by
A)
Section 27
B)
Section 28
C)
Section 29
D)
Section 30
Answer & Solution
Answer: Option
B
7
Which of the below said is not included in goods as per Sale of Goods Act 1930
A)
Forming part of the land
B)
Stocks
C)
Actionable claims
D)
Crop
Answer & Solution
Answer: Option
C
8
In case of repudiation of a contract of sale of goods before the date of delivery, under section 60 of the Sale of Goods Act, 1930, where the delivery was to be made by instalments, the measure of damages is
A)
The difference between the contract price and the market price on the date when first delivery was to be made
B)
The difference between the contract price and the market price on the date when last delivery was to be made
C)
The difference between the contract price and the market price on several days when the goods ought to have been accepted or delivered
D)
Either (A) or (B)
Answer & Solution
Answer: Option
C
9
Buyer's right to examine the goods on delivery is contained in
A)
Section 40 of the Sale of Goods Act, 1930
B)
Section 41 of the Sale of Goods Act, 1930
C)
Section 42 of the Sale of Goods Act, 1930
D)
Section 43 of the Sale of Goods Act, 1930
Answer & Solution
Answer: Option
B
10
Which of the following is not an essential ingredient of a contract of sale of goods
A)
Passing of title in goods
B)
Physical delivery of goods
C)
Both (A) and (B)
D)
Neither (A) nor (B)
Answer & Solution
Answer: Option
B
