1
The Sale of Goods Act, 1930 came into force on
A)
1st April, 1930
B)
1st July, 1930
C)
1st December, 1930
D)
31st January, 1931
Answer & Solution
Answer: Option
B
2
In case a buyer buys a mobile phone from the finder of the phone without knowledge of such defect in title and the defect is later discovered:
A)
The buyer would lose his title in the good
B)
The buyer would be entitled to retain the good purchased
C)
The buyer would be required to return the good to the real owner and recover the consideration of the sale from his seller
D)
Any dispute regarding the title would be required to be settled between the seller and the person claiming ownership over the good
Answer & Solution
Answer: Option
C
3
X purchases a car from Y. After 6 months, Z, the true owner of the car, demanded it from X. X had to return it to its true owner. X was entitled to recover the full price even though several months have passed. This is an example of:
A)
Condition as to description
B)
Condition as to sample
C)
Condition as to title
D)
Condition as to fitness
Answer & Solution
Answer: Option
D
4
In a contract for sale of goods, in an action for breach of warranty, once the breach of non-delivery of goods is established, to recover damages
A)
It is essential for the purchaser to prove that he actually repurchased the goods and suffered loss
B)
It is necessary for the purchaser to prove that he actually repurchased the goods and sustained losses
C)
It is essential and necessary for the purchaser to prove that he actually repurchased the goods and sustained loss
D)
It is neither essential nor necessary for the purchaser to prove that he actually repurchased the goods and sustained loss
Answer & Solution
Answer: Option
D
5
In case where the goods are sold by description by a seller who deals in such goods and the buyer had an opportunity of examining the goods but has not in fact examined the goods under section 16(2) of the Sale of Goods Act, 1930, the seller is liable for
A)
The patent defects in the goods rendering the same unmerchantable
B)
The latent defects in the goods rendering the same unmerchantable
C)
Both (A) and (B)
D)
Neither (A) nor (B)
Answer & Solution
Answer: Option
C
6
The implied condition as regards the goods sold, under section 15 of the Sale of Goods Act, 1930, applies where
A)
The vendee is able to inspect the goods
B)
The vendee is not able to inspect the goods
C)
The vendee is able to inspect the goods or not
D)
The vendee has actually inspected the goods
Answer & Solution
Answer: Option
C
7
As per Sale of Goods Act Movable goods does not include
A)
Gas
B)
Growing crop
C)
Electricity
D)
Money
Answer & Solution
Answer: Option
D
8
Where there is a conditional payment through a negotiable instrument, during the currency of the bills
A)
The vendor's lien over the goods shall remain in force
B)
The vendor's lien over the goods shall remain suspended
C)
The vendor's lien over the goods extinguishes for all times
D)
The vendor's lien over the goods shall never be suspended and remains in force
Answer & Solution
Answer: Option
C
9
Section 57 of the Sale of Goods Act, 1932 deals with:
A)
Suit for price
B)
Suit for damages for non-delivery
C)
Suit for damages for non-acceptance
D)
Suit for return of goods
E)
None of the above
Answer & Solution
Answer: Option
B
10
A sale is a . . . . . . . . contract
A)
Implied
B)
Executed
C)
Agreed
D)
Executory
Answer & Solution
Answer: Option
B