Sale of Goods Act - Practice Problems

FINPREP – Practice QuestionsChapter Name Sale of Goods ActChapter No. 2

FINPREPA CPT preparatory program from

Practice Questions

Subject: Mercantile Law

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Q. 1 The rule stated under Section 26 of The Sale of Goods Act, 1930 is subject to..........exceptions.A. 1B. 2C. 3D. 4

Q. 2 The Sale of Goods Act came into force onA. 1/7/1930B. 1/7/1932C. 1/9/1930D. 1/6/1932

Q. 3 The rights of a buyer against the seller includeA. To have deliveryB. To repudiateC. To examine the goodsD. All the above

Q. 4 The term “Goods” is defined under Section……………of the Sale of Goods Act, 1930.A. 2(6)B. 2(5)C. 2(7)D. 2(8)

Q. 5 Until goods are ascertained there is merely.......A. Agreement to sellB. A breach of warrantyC. A breach of conditionD. All of the above

Q. 6 Contract of sale meansA. a contract between one person to another for exchange of property in goodsB. a contract between buyer and seller for exchange of property in goodsC. a contract between buyer and seller intending to exchange property in goods for a priceD. All of these



Q. 7 An Agreement to Sell in respect of goods is an executory contract which creates……………

A. A jus in personamB. A jus in remC. Both (a) and (b)D. Neither (a) nor (b)

Q. 8 Jus in personam meansA. A right against or in respect of a thingB. A right against or in respect of a personC. Both (a) & (b)D. None of the above

Q. 9 According to Sec. 12 of the Sale of Goods Act, 1930, a condition isA. A stipulation collateral to the main propose of the contract B. A stipulation essential to the main purpose of the contractC. Either (a) or (b)D. Both (a) and (b)

Q. 10 A contract of sale may beA. conditionalB. absoluteC. writtenD. All of the above

Q. 11 In a contract of sale of goods, the seller can sell only such goods of which he is theA. Beneficial ownerB. Absolute ownerC. Quasi ownerD. All of the above

Q. 12 ……………..means a claim to any debt or any beneficial interest in movable property not in possession and which can be enforced through the Court of law.A. Actionable claimB. Actionable claimC. Default claimD. None of the above



Q. 13 The term “goods” under Sale of Goods Act, 1930 does not include:A. GoodwillB. Actionable ClaimsC. Stocks and SharesD. Harvested Crops

Q. 14 Under the sales of goods act goods includes:A. Immovable PropertyB. Actionable ClaimsC. Growing CropsD. (B) and (C) above

Q. 15 The term ‘goods’ for the purpose of Sale of Goods Act, includesA. MoneyB. Actionable ClaimsC. Growing Crops, GrassD. None of these

Q. 16 In a contract of sale, the price may beA. Fixed by the contracting partiesB. Agreed to be fixed in a manner thereby agreed between partiesC. Determined by course of dealings between the parties D. All of the above

Q. 17 For a contract of sale the essential element is:A. PriceB. AgreementC. SaleD. None of these.

Q. 18 X agrees to buy from Y a hay stack on Y land with liberty to come to Y’s land to take it away.A. Sale B. Agreement to saleC. BailmentD. Hire purchase



Q. 19 X agrees to deliver in future 100 computer sets for Rs.30 lakhs in exchange of 200 fridge sets worth Rs.40 lakhs and Rs.60, 000 in cash. This is aA. barterB. Agreement to SellC. executed contract of saleD. Sale

Q. 20 A agrees to deliver his old car valued at Rs. 80,000 to B, a car dealer, in exchange for a new car and agrees to pay the difference in cash it isA. Contract of saleB. Agreement to sellC. ExchangeD. Barter

Q. 21 ________ involves selection of goods with the intention of using them in performance of the contract with the mutual consent of the seller and the buyerA. SaleB. Agreement to sellC. Appropriation of goodsD. Transfer of ownership

Q. 22 A contact for the sale of goods which provide that the property would pass to the buyer on full payment of price and execution of sale deed is known as...........A. SaleB. Agreement to SellC. Hire purchase agreementD. Sale of approval

Q. 23 A contract for the sale of “future goods” is.........A. SaleB. Agreement to SellC. VoidD. Hire-purchase contract

Q. 24 A railway administration entered into a contract for sale of coal-ash that might accumulate during the period of contract. The contract amounted to:A. SaleB. Agreement to SellC. Contract for work and labourD. None of these



Q. 25 Legally, a contract of sale includes

A. saleB. agreement to sellC. barterD. Both (a) & (b)

Q. 26 X agrees to buy 100 litres of coconut oil from Y cisterns. Y has many cisterns with more than 100 litres of oil in them it isA. SaleB. Agreement to SellC. BailmentD. hire purchase

Q. 27 A contract of sale of contingent goods isA. Sale B. Agreement to sellC. UnlawfulD. All of the above

Q. 28 Seller means a person whoA. sells goodsB. Agrees to sell goodsC. Sells or agree to sell goodsD. Has sold goods

Q. 29 A share certificate

A. Allows the person named therein to transfer the share mentioned therein by mere endorsement on the back of the certificate.

B. Allows the person named therein to transfer the share mentioned therein by mere delivery of the certificate.

C. Allows the person named therein to transfer the share mentioned therein-by mere endorsement on the back of the certificate and the delivery of the certificate.

D. None of the above

Q. 30 The term seller includesA. Actual sellerB. Any person who is in a position of sellerC. Consignor of goodsD. All of these



Q. 31 Selection of goods with the intention of using them in performance of the contract and with the mutual consent of the seller and the buyer is known asA. DistributionB. AppropriationC. AmortizationD. Storage

Q. 32 Under the Sale of Goods Act, 1930 existing goods are classified asA. Specific goodsB. Ascertaining goodsC. Unascertained goodsD. All of the above

Q. 33 In an agreement to sell the property (ownership) in the goods passesA. ImmediatelyB. At a future dateC. Either immediately or future dateD. Never

Q. 34 Future goods means goods to be manufactured or acquired by the sellerA. Before making the contract of saleB. At the time of contract of saleC. After making the contract by saleD. All of these

Q. 35 An agreement between the bidders not to bid against each other is calledA. Knock-out agreementB. Auction agreementC. Partnership agreementD. By bidder agreement

Q. 36 In case of a sale the position of a buyer is that of..............A. Owner of the goodsB. Bailee of the goodsC. Hirer of the goodsD. None of the above



Q. 37 In case of sale the position of a buyer is that ofA. Owner of the goodsB. Bailee of the goodsC. Hirer of the goodsD. None of the above

Q. 38 A contract of sale where the property in goods is transferred from the seller to buyer so:A. Agreement to sellB. BailmentC. SaleD. Agency

Q. 39 Return of goods is possible in case ofA. SaleB. BailmentC. ExchangeD. None of the above

Q. 40 An agreement of hire – purchase includes the agreement ofA. Sale and agreement to sellB. Bailment of goods for hire an agreement to sellC. Sale and bailment for hireD. Above (a) and (c)

Q. 41 X agrees to deliver his old car valued at Rs.1, 80, 000 to F, a car dealer, in exchange for a new car, and agrees to pay the difference in cash it isA. Contract of SaleB. BarterC. ExchangeD. None of these

Q. 42 Existing goods are such goods as are in existenceA. At the time of contract of saleB. Before the time of contract of saleC. After the time of contract of saleD. All of these



Q. 43 Reserve price is the price:A. Received only for the seller to purchaseB. Below which the auctioned will not sellC. Which will be paid by the highest bidderD. Fixed by the buyer and seller by mutual consent

Q. 44 Any seller of goods by auction mayA. always bid in the auctionB. bid if he reserves his right to bid by notice to the publicC. not bid in the auctionD. bid with the permission of the government

Q. 45 In case of future goodsA. Only agreement to sell is possibleB. Both sale and agreement to sell is possibleC. They are owned by the seller at the time of saleD. None of the above

Q. 46 According to the Sale of Goods Act, 1930 ‘Buyer’ is a person whoA. Buys or agrees to buy goodsB. Buys goodsC. Agrees to buy goodsD. None of the above

Q. 47 A contract of sale is a contract for sale by sample if it isA. By operation of lawB. By way of custom or usage of tradeC. By way of an express or implied term in the contract, to that effectD. By decision of the seller

Q. 48 In agreement to sell buyer……………goods on insolvency of sellerA. Cannot claimB. Can claimC. Conditional ClaimD. None of the above

Q. 49 In case of an agreement to sell, the aggrieved party.............A. Can sue for priceB. Can sue for damagesC. Can sue the buyer for injunction



D. None of the above

Q. 50 In case of a sale the buyerA. Can pass a goods title to a bonafide purchaserB. Cannot pass a goods title to a bonafide purchaserC. Both of the aboveD. None of the above

Q. 51 In case of a hire-purchase the hirerA. Can pass a goods title to a 'bonafide purchaserB. Cannot pass a goods title to a bonafide purchaserC. Can choose whether to pass or not to pass the goods title to a bonafide purchaserD. All of the above

Q. 52 ……………under the Sale of Goods Act, means goods identified in accordance with the agreement after the contract of sale is madeA. Ascertained GoodsB. Contingent GoodsC. Unascertained GoodsD. Illegal Goods.

Q. 53 A dentist agreed to supply a set of artificial teeth to a patient. The material was wholly found by the dentist. The contract was for:A. Sale of goodsB. Contract for work and materialsC. Agreement to sellD. Hire Purchase Agreement

Q. 54 Section 8 of the sale of goods act, dealing with goods perishing before sale, in its application is confined to -A. Agreement to sellB. Contract of saleC. Either (a) or (b) D. Both (a) and (b)

Q. 55 X agrees to deliver 100 Fridge sets to Y in exchange of 100 T.V. sets. This is aA. SaleB. Contract of SaleC. Barter AgreementD. agreement to sell



Q. 56 If X commissioned Y, an artist, to paint a portrait of A for 200 dollars & Y uses his own canvas & paint then it is:A. Contract of SaleB. Contract of Work & MaterialC. Sale on approvalD. Hire Purchase Agreement

Q. 57 Assets are held in the business for the purpose of:A. ResaleB. Conversion into cashC. Earning RevenueD. None of the above

Q. 58 Gold coins one considered asA. GoodsB. CurrencyC. Immovable propertyD. Jewellery

Q. 59 The minimum price below which the auctioneer will not sell the goods put up for auction sale is calledA. Reserve priceB. Down payment priceC. Up payment priceD. Stock Price

Q. 60 Contract of sale isA. Executory contractB. Executed contractC. Executory Contract or Executed contractD. None of the above

Q. 61 An agreement to sell is _________ contractA. ExecutedB. ExecutoryC. ImpliedD. Unilateral



Q. 62 Sale is a.............A. Executed contractB. Executory contractC. Both of the aboveD. None of the above

Q. 63 Goods which are in existence at the time of the Contract of Sale is known asA. Present goodsB. Existing goodsC. Specific goodsD. None of the above

Q. 64 Goods that are defined only by description and not identified and agreed upon at the time of contract of sale are known asA. Specific goodsB. Existing goodsC. Future goodsD. Unascertained Goods

Q. 65 The mercantile agents includeA. AuctioneersB. FactorsC. BrokersD. All of these

Q. 66 In an auction sale, the sale is complete When the auctioneer announces its completion by fall of the hammerA. TRUEB. False C. Partly TrueD. Partly False

Q. 67 Under the Sales of Goods Act, 1930 goods may beA. ExistingB. FutureC. ContingentD. All of the above



Q. 68 A contract for sale of certain goods to be manufactured by a seller is aA. Void contractB. Future contractC. Contingent contractsD. Implied contract

Q. 69 _______ can be subject matter of a saleA. existing goodsB. future goodsC. Specific goodsD. Contingent goods

Q. 70 Goods dependent upon certain events which may or may not happenA. Unascertained goodsB. Future goodsC. Contingent GoodsD. Existing Goods

Q. 71 The following are goods as per the Sales of Goods Act, 1930A. SharesB. GoodwillC. PatentD. All of the above

Q. 72 The following are goods as per Section 2(7) of the Sale of Goods Act, 1930:A. TrademarkB. GoodwillC. PatentD. All of these

Q. 73 The term goods includeA. SharesB. Growing cropsC. Old coinsD. All the above



Q. 74 Under Sale of goods Act, 1930 the terms "goods" means every kind of the movable property

and it includesA. Stock and shareB. Growing crops, grassC. Both (a) and (b)D. None of the above

Q. 75 Goods means every kind of immovable property excludingA. Stock and sharesB. Growing crops, grassC. Both (a) & (b)D. Actionable claims and currency money

Q. 76 The option unable to the hirer in case of Hire Purchase Agreement:A. He may purchase the goods after paying all the agreed in instalmentsB. He may purchase the goods without paying all agreed instalmentsC. Return the goods at any time and stop further payment of instalmentsD. Return the goods at any time and remain paying the instalments

Q. 77 In which form of the contract, the property in the goods passes to the buyer immediately :A. agreement to sellB. hire purchaseC. saleD. instalment to sell

Q. 78 A seller has a right to bid:A. If he expressly reserves this rightB. If he wants to raise the bid priceC. If the reserve price is not reachedD. If there is no highest bidder

Q. 79 Where is an auction sale, the seller appoints more than one bidder, the sale isA. VoidB. IllegalC. ConditionalD. Voidable

Q. 80 The Sale of Goods Act, 1930 deals with theA. movable goods onlyB. immovable goods onlyC. both movable and immovable goodsD. All goods except ornaments



Q. 81 Things attached to land, which are agreed to be severed before sale constituteA. Movable propertyB. Immovable propertyC. GoodsD. Crops, Gross and other things

Q. 82 An agency coupled with interest does not come to an end in case of...............A. Death of the principalB. Insanity of the principalC. Insolvency of the principalD. Death or Insanity or Insolvency of the principal

Q. 83 A bid at an auction sale is anA. Invitation to offer to buyB. Invitation to come to bidC. Implied offer to buyD. Express offer to buy

Q. 84 Under the Sale of Goods Act, 1930 the subject matter of goodsA. Is existing goods onlyB. Is future goods onlyC. May be existing or future goodsD. None of the above

Q. 85 A sale is subject to the imposition of sales tax at the time of a contract of sale. While sales tax in a hire purchaseA. Is not leviable until it is finally converted into a saleB. Is leviable at each instalmentC. Is leviable after certain instalmentD. Is leviable after 75 % of payment

Q. 86 In case of an agreement to sale; if the seller becomes insolvent while the goods are in his possession, the buyer’s remedyA. Is to claim the goods from the official receiver or assigneeB. Is to claim dividend from the estate of the seller for the price paidC. Is not availableD. Is to file a suit for damages



Q. 87 Whether a given contract is one of sale or some other kind of contract in respect of goods, is

a matter ofA. TerminologyB. LawC. AgreementD. All of the above

Q. 88 "Price" means _______ consideration for sale of goodsA. UnlawfulB. LawfulC. Non-monetaryD. Monetary

Q. 89 Where no price is fixed in a contract, under Section 9 of the Sale of Goods Act, the buyer shall payA. Reasonable PriceB. Maximum PriceC. Lowest PriceD. Price as determined by the seller

Q. 90 Price forms an essential part of a contract of sale of goods priceA. Must be expressed in money onlyB. May be expressed in money or other things of equal valueC. It should backed by some valuable things (like gold etc.)D. Other thing of equal value is sufficient.

Q. 91 P holds a property under a lease the later buys the property. This is:A. AlterationB. MergerC. RepudiationD. Sale

Q. 92 Price' under the Sale of Goods Act, 1930 meansA. Money or money's worthB. Monetary consideration for the sale of goodsC. Any consideration that can be expressed in terms of moneyD. None of the above



Q. 93 The term goods includes

A. Stocks and sharesB. MoneyC. Actionable claimD. All of these

Q. 94 The Sale of Goods Act, 1930 deals withA. SaleB. MortgageC. PledgeD. All of these

Q. 95 In a hire purchase agreement the hirerA. Has an option to buy the goodsB. Must buy the goodsC. Must return the goodsD. Is not given the possession of goods

Q. 96 Contract regarding the sale of unascertained goods is termed asA. Contract of saleB. Not at all a contract of saleC. An agreement to sellD. Not at all an agreement to sell

Q. 97 Price consideration in a contract of sale can beA. Only by way of moneyB. Only by way of goods in returnC. Partly by way of money or partly by way of goods returnD. No consideration is required at all

Q. 98 In a contract of sale, price of goods may be paidA. in cashB. other than cashC. partly in cash and partly in goods valued in terms of moneyD. (a) and c)

Q. 99 A contract of sale involves transfer ofA. Title of goodsB. OwnershipC. LiabilityD. None of these



Q. 100 In a hire purchase agreement:A. An option is given to the hire purchaser to terminate the contract at any stageB. Ownership is transferred to the hire-purchaser as soon as the contract is entered intoC. The hire purchaser is bound to pay the price when he uses the goodsD. None of the above

Q. 101 Sale of goods by description may include:A. Where the buyer has not seen the goods he relies on the description given by the sellerB. Packing of goods may sometimes be a part of the descriptionC. When the buyer has seen the goods yet he relies on what is stated to himD. All of the above

Q. 102 The term ‘goods’ means every kind of movable property other than actionable claims and money.A. TRUEB. Partly TrueC. FALSED. Partly False

Q. 103 Agreement to sell and sale is the same thing.A. True B. Partly TrueC. False D. Partly False

Q. 104 An auction sale is complete on theA. Delivery of goodsB. Payment of price C. Fall of hammerD. None of the above

Q. 105 A sale implies an agreementA. Plus conveyance of property and creates jus in personamB. Plus conveyance of property and creates jus in remC. No conveyance of property and creates jus in remD. No conveyance of property and creates jus in personam



Q. 106 Voluntary transfer of possession by one person to another is popularly known as

A. TransferB. PossessionC. DeliveryD. None of the above

Q. 107 Actual sale of future goods isA. ImpossibleB. Possible through an agreement to sellC. IllegalD. A myth

Q. 108 Where by a contract of sale, the seller purports to effect a ______, the contract operates as an agreement to sellA. Future sales of existing goodsB. Present sale of existing goodsC. Future sale of future goodsD. Present sale of future goods

Q. 109 Which is not the subject matter of contract of saleA. goodsB. priceC. immovable propertyD. shares and stocks of companies

Q. 110 Mercantile Agent is having an authority toA. Sell or consign goodsB. Raise money on the security of goodsC. Sell or buy goodsD. Any of the above

Q. 111 Rights of seller against the buyer personally are calledA. Rights against goodsB. Rights in personamC. Rights against appropriationD. None of the above

Q. 112 X owes Rs.5 lakh to Y. Y is entitled to recover this amount from X. This is calledA. Rights in RemB. Rights in PersonamC. Constitutional RightD. None of the above



Q. 113 X owns a residential house in Delhi. He is entitled to quiet possession and enjoyment of his property. This is calledA. Rights in RemB. Rights in PersonamC. Constitutional RightD. None of the above

Q. 114 In case of saleA. Property in goods does not pass to the buyerB. Risk in the goods does not pass to the buyerC. Both of the aboveD. None of the above

Q. 115 Where the property in the goods is to take place at a future time, it is:A. Agreement to sellB. SaleC. Hire purchase agreementD. Void

Q. 116 Where the transfer of the property in the goods is to takes place at a future time or subject to some condition thereafter to be fulfilled, the contract is called asA. Agreement to sell B. SaleC. Agreement to supplyD. Supply

Q. 117 A seller agrees to supply a crop which is to be grown by him. This isA. an agreement to sellB. saleC. bailmentD. contract for work and labour

Q. 118 Under ___________ the goods passes to the buyer only upon payment of last instalmentA. Hire purchaseB. SaleC. LeasingD. Instalment purchase



Q. 119 ______________ is a bargain between the buyer and the seller

A. Purchase B. SaleC. ProductionD. Manufacture

Q. 120 A contract of sale includesA. SaleB. Sale and agreement to sellC. Sale and BarterD. All of the above

Q. 121 Following conditions are implied in contract of sale of goods unless the circumstances of the contract show a different intention:A. Condition as to titleB. Sale by descriptionC. Sale by sampleD. All of the above

Q. 122 The term ‘buyer’ has been defined in the Sale of Goods Act, 1930 inA. Sec. 2 (2)B. Sec. 2 (1)C. Sec. 2 (5)D. Sec. 2 (9)

Q. 123 Seller has right of resale the:A. Goods are perishableB. Seller has reserved such a rightC. Seller gives natureD. All of the above

Q. 124 Under sec. 29 of the sale of goods act, 1930, sale by a mercantile agent is valid when the mercantileA. Has possession of the goods with the consent of the ownerB. Sells the goods action as a mercantile agentC. Acts in his usual course of businessD. All of the above



Q. 125 Which of the following is not referred to as goodsA. StockB. SharesC. MoneyD. Grass

Q. 126 X agrees to sell Y, all crops to be grown in X’s farm in Haryana during 2011 season for the Rs. 10,00,000/-. In this case, the goods areA. Future goodsB. Specific goodsC. Unascertained goodsD. Contingent goods

Q. 127 Which of the following case laws relate to the definition of contract of sale?A. Rajlikhee Devi v. BhootNath, 1900B. State of Madras v. Gannon Dunkerly and Co. Limited, 1958C. KhawajaMd. Khan v. Hussaini Begum, 1910D. Suppu Ammal v. Subramanian, 1910

Q. 128 Co-ownership may arise either byA. contract or understandingB. Status or contractC. mutual agencyD. Either (a) or (b) or ( c ) above

Q. 129 The term goods under Sale of Goods Act, 1930 does not includeA. Goodwill and moneyB. Stocks and sharesC. Harvested cropsD. Any movable property

Q. 130 Essentials of Contract of Sale areA. At least 2 partiesB. Subject matter must be goodsC. None of the aboveD. Both (a) and (b)



Q. 131 A hotel company provides residence and food, making a consolidated change for both the services no resale was allowed if food was not taken by the customersA. Supply of food was not sale of goodsB. Supply of food was sale of goodsC. Supply of food was contract for labourD. None of the above

Q. 132 Where there is an agreement to sell specific goods, and subsequently the goods, without any fault on the part of the seller or buyer, perishes becomes damaged before the risk passes to the buyer.A. The agreement is illegalB. The agreement is there by avoidedC. The agreement is invalidD. The agreement is contingent

Q. 133 Section 10 of the Sale of Goods Act, 1930 deals with a fixation of price of goods byA. The JudgeB. The ArbitratorC. The Central GovernmentD. The valuation of a third party

Q. 134 If the goods are not in existence (not produced at the time of agreement to sell), goods are to be delivered atA. The place at which they are manufactured or producedB. The buyer placeC. The sellers placeD. None of the above

Q. 135 A agreed to exchange with B 100 quarters of barley at of per quarter for S-S bullock’s valued at F-6 per but lock and pay the difference in cashA. The contract was a contract of saleB. The contract was a contract of exchangeC. The contract was an agreement to sellD. None of these

Q. 136 Under Sec. 8 of the Sale of Goods Act, 1930, a contract of sale of goods can be avoided where the goods have perished due toA. The fault of the sellerB. The fault of the buyerC. The fault of either the buyer or the sellerD. The fault neither of the buyer nor the seller.



Q. 137 In a hire purchase agreement:

A. The owner of the goods pays the hire chargesB. The ownership is transferred to the hire purchaser when the seller pays the price for

goodsC. The position of the hire purchaser to that of baileeD. The purchaser pays the price instantly

Q. 138 A jus in personam means a right againstA. a specific personB. the public at largeC. a specific thingD. None of these

Q. 139 In case of sale by auctionA. Each lot is treated to be the subject of a separate contract of sale, of the sale is to be in

lotsB. The right to bid may be reserved expressly by or on behalf of the sellerC. The sale is complete, when the auctioneer announces its completion in the customary

mannerD. All of the above

Q. 140 In case of an agreement to sell, subsequent loss or destruction of the goods is the liability of......A. The BuyerB. The SellerC. Both the buyer and the sellerD. The insurance company

Q. 141 Which of the following statements are correctA. In case of sale the subject matter of contract exists at the time of saleB. The term does not include sharesC. In a contract of sale, the price may be paid partly in cash and partly in goods valued in

terms of moneyD. A contract of sale must be in writing

Q. 142 B' agrees to buy the entire crop of wheat that would yield in 'A's farm at the rate of Rs. 1000 per quintal. Decide the subject matter of goodsA. This is an agreement of sale of future goodsB. This is an agreement of sale of present goodsC. This is a contract of saleD. None of these



Q. 143 Under Sec. 2(10) of the Sale of Goods Act, “Price” meansA. Consideration in moneyB. Transfer Value of GoodsC. Revenue ConsiderationD. Economic Exchange Value

Q. 144 To constitute a valid sale, there must be at leastA. One partyB. Two partiesC. Three partiesD. Four parties

Q. 145 Where there is an agreement to sell specific goods and goods subsequently perish before risk passes to the buyer, the agreement becomesA. voidB. voidableC. illegalD. none of these

Q. 146 The Sale of Goods Act applies toA. Whole of IndiaB. whole of India except Jammu & KashmirC. whole of India except Jammu & Kashmir and Dadra and Nagra HaveliD. whole of India except Lakshdweep

Q. 147 A pen or pencil that will not write, a watch that will not keep time, a rubber that will not help to erase cannot be considered asA. PresentableB. WholesomeC. MerchantableD. None of the above

Q. 148 In case of an agreement to sell, the aggrieved party can sue for priceA. TRUEB. FALSEC. Partly TrueD. Partly False



Q. 149 Section…………….of the Sale of Goods Act, provides for implied condition as to quality or fitnessA. 14B. 15C. 16D. 17

Q. 150 An express warranty or condition does not negative a warranty or condition implied by this Act unless inconsistent therewith. This statement isA. True B. FALSEC. Partly TrueD. Partly False

Q. 151 A sold a tin of disinfectant powder to K without warning knowing fully that if the tin was not opened with care, it will likely to cause injury. K was injured while opening the tin. Which of the following statement(s) is/a correct?A. A is not liable to K under the Doctrine of caveat emptor.B. A is liable for the damages.C. A has no duty to disclose the facts to K.D. The buyer has the responsibility to enquire about all the things before purchasing the

goods.

Q. 152 Sec. 12 of the sale of goods act, 1930 definesA. A conditionB. A warrantyC. Both (a) and (b) D. Neither (a) nor (b)

Q. 153 In a contract of sale, ordinarily there is…………….as to the quality or fitness for any purpose of goodsA. An implied warranty or conditionB. An express warranty or conditionC. No implied warranty or conditionD. No express warranty or condition

Q. 154 Under the Sale of Goods Act, 1930 a court can award interestA. At the rate of 12%B. At the rate of 8%C. At the rate of 6%D. At the rate as it thinks fit



Q. 155 A timber merchant agreed to supply best teak at a certain agreed price to a builder. Later the merchant supplied timber which was identified as ordinary class of timber and demanded the payment from the builder. Which of the following statements is/are true?A. Builder can reject the goods and can claim damagesB. Builder has to accept the goods.C. Builder has to pay the price by taking delivery of teak woodD. Timber merchant cannot plead the doctrine of caveat emptor

Q. 156 If the seller makes use of pretended bidding to raise the price, the sale is voidable at the option of theA. SellerB. BuyerC. CourtD. Any of the above

Q. 157 In case of goods sold by sample, the goods should correspond with the sample otherwiseA. Buyer can reject the goodsB. Buyer cannot reject the goodsC. Contract is terminatedD. Seller is liable to punishment

Q. 158 In case of hire purchase the hirerA. Can pass a good title to a bona fide purchaserB. Can choose whether to pass or not to pass the goodsC. Cannot pass a goods title to a bona fide purchaserD. All the above

Q. 159 Breach of a condition gives a right ofA. Repudiate a contractB. Claim damages onlyC. Repudiate the contract and claim damagesD. None of the above

Q. 160 A warranty is a stipulationA. Essential to main purpose of contract of saleB. Collateral so the main purpose of contract of saleC. Secondary to the main purpose of contract of saleD. None of these



Q. 161 In a contract of sale of goods, a stipulation the violation of which gives a party a right to claim

damages only is aA. GuaranteeB. ConditionC. WarrantyD. All the above

Q. 162 A ___________ is a stipulation collateral to the main purpose of the contract. The breach of which gives rise to a claim for damages but not a right to reject the goods and treat the contract repudiateA. WarrantyB. ConditionC. Implied conditionD. None of the above

Q. 163 Which of the following is not an implied condition in a contract of saleA. Condition as to title B. Condition as to descriptionC. Condition as to free from encumbranceD. Condition as to sample

Q. 164 Goods must be the same as wanted by the seller. That isA. Condition as to descriptionB. Condition as to sampleC. Condition as to wholesomenessD. Condition as to title

Q. 165 Following conditions are implied in a contract of sale of goods unless the circumstances of the contract show a different intentionA. Condition as to non-existence of encumbrancesB. Condition as to undisturbed possessionC. All of the aboveD. None of the above

Q. 166 Implied conditions includeA. Condition as to titleB. Condition in case of sale by descriptionC. Condition in case of sale by sampleD. all of the above



Q. 167 In case of Sale of Goods by sample as well as by description, the implied conditions are that

the bulk of the goodsA. shall correspond with the sampleB. correspond with both the sample and the descriptionC. shall correspond with the description and need not correspond with the sampleD. shall correspond with the sample and may or may not correspond with the description

Q. 168 In a contract of sale of goods, implied condition as to description of goods applies where goods are sold by __________A. SampleB. DescriptionC. Sample descriptionD. Junk dealer

Q. 169 The term “Quality of Goods” in Section 2 (12) of the Sale of Goods Act, is referredA. State or condition of goodsB. Description of goodsC. Fitness of goods for a particular purposeD. None of the above

Q. 170 In a contract of sale of goods, the implied condition as to wholesomeness applies toA. medicinesB. eatablesC. ClothsD. computers

Q. 171 …………….conditions and warranties are those which have expressly agreed upon by the parties at the time of the contract of sale and are expressly provided in the contract.A. ImpliedB. ExpressC. TermsD. Payment

Q. 172 There may be _________ conditionA. ImpliedB. ExpressC. Both Implied and ExpressD. None of these



Q. 173 A stipulation which is collateral to the main purpose of the contract, and if proves false, gives the buyer only a right to claim damages, is known asA. ConditionsB. GuaranteeC. WarrantyD. None of these

Q. 174 In a contract of sale of goods, a stipulation the violation of which gives a party a right to rescind the contract, is aA. Warranty B. GuaranteeC. ConditionD. None of the above

Q. 175 In case of sale, it is an implied condition on the part of the seller that:A. The seller has a right to sell goodsB. He has a right to use the goodsC. He has a right to destroy the goodsD. He has right to mix the goods

Q. 176 The condition or warranty may be:A. ExpressB. ImpliedC. None of the aboveD. (A) or (B)

Q. 177 In case of unconditional contract of sale, the property passes to the buyer at the time of making the contract. For this rule to apply, the goods must beA. SpecificB. In a deliverable stateC. Physically transferred to buyerD. Both (a) & (b)

Q. 178 Provision relating to doctrine of Caveat Emptor is laid down in theA. Sale of Goods Act, 1930B. Indian Contract Act, 1872C. Indian Partnership Act, 1932D. Companies Act, 1956



Q. 179 The implied condition as to quality or fitness……………., where the Buyer contracts for a specified article under its patent or other trade name not relying on the skill and judgment of the SellerA. Is presumedB. Is applicableC. Is not applicableD. Does not exist

Q. 180 An implied condition as to fitness of goods for a particular purpose provided u/s 16…………….where the buyer relies on his own judgmentA. Is applicableB. Is not applicableC. Is presumedD. Exists

Q. 181 If the goods are rejected by the buyer, and the carrier or other bailee continues in possession of them, the transit……………even if the seller has refused to receive them back.A. is deemed to be at an endB. is not deemed to be at an endC. in nobody’s handD. None of the above.

Q. 182 Where the goods be sold are dangerous and the seller know that the buyer is ignorant about that dangerous nature of the goods.A. it is not the duty of the seller to warn the buyer about the probable dangerB. it is the duty of the seller to warn the buyer about the probable dangerC. it is the duty of the seller to sell the good onlyD. it is the duty of the buyer to ask the seller about the probable danger

Q. 183 Caveat Venditor meansA. Let the Buyer bewareB. Let the owner bewareC. Let the seller bewareD. (a) and (c)

Q. 184 In a sale of goods by description, it is sufficient that the goods areA. Fit for the purpose for which they were wanted though not in accordance to descriptionB. Merchantable though not in accordance to descriptionC. Wholesome, even if they do not correspond to descriptionD. The same as that of their description



Q. 185 X agrees to supply to Y a certain quantity of timber of half-inch thickness. The timber actually supplied varies in thickness from one third inch to five-eight inch. The timber is merchantable and commercially fit for the purpose for which it was ordered. B rejects the timber. Is his action justified?A. Yes, Y is entitled to reject the goodsB. No, Y is not entitled to reject the goodsC. Y can claim the damages if purpose is not solved after using the timberD. X can ask for the difference amount

Q. 186 Under the doctrine of Caveat Emptor the seller isA. Responsible for bad selection of goods by the buyerB. Not responsible for the bad selection of goods by the buyerC. Both of theseD. None of these

Q. 187 Any stipulation other that time of payment is of the essence of the contract depends uponA. Application of section 11B. Operation of lawC. Terms of the contractD. All of the above

Q. 188 An implied warranty or condition as to quality or fitness for a particular purpose cannot be annexed by usage of trade. This statement isA. True B. Partly TrueC. False D. Partly False

Q. 189 When a breach of condition is treated as a breach of warranty, the buyer can________A. Claim damagesB. Repudiate the contractC. Reject the goodsD. None of the above

Q. 190 Caveat Emptor meansA. Responsibility of the seller to inspect the goodsB. Responsibility of the seller to reveal the defectC. Responsibility of the buyer to inspect goodsD. Seller is responsible to the buyer



Q. 191 In case a buyer uses his option to treat the breach of condition as breach of warranty, he losesA. Right to repudiate the contractB. Right to reject the goodsC. Right to claim damagesD. Both (a) and (b) above

Q. 192 Which one of the following is not an implied warrantyA. Agreement to sellB. SaleC. Hire purchaseD. Instalment to sell

Q. 193 Section 17 of the sale of goods act, provides for implied conditions in a contract of sale of goods byA. Sample as well as descriptionB. SampleC. DescriptionD. Auction

Q. 194 Condition as to quality or fitness is given in the Sale of Goods Act, 1930 underA. Sec. 16(1)B. Sec. 16(2)C. Sec. 16(3)D. Sec. 16(4)

Q. 195 The principle of 'caveat emptor' is given in the Sale of Goods Act, 1930 underA. Sec. 18B. Sec. 17C. Sec. 16D. Sec. 15

Q. 196 Where seller resells the goods after giving notice to the buyer, the _______ shall not be entitled to any profit which my occur on resaleA. BuyerB. SellerC. BaileeD. Buyer and seller



Q. 197 The agent should be in possession of goods with the consent of theA. OwnerB. SellerC. BuyerD. Principal

Q. 198 In the case of ______ in addition to the implied conditions as to merchantability, there is another implied condition that the goods shall be wholesomeA. EatablesB. SharesC. GoldD. Machineries

Q. 199 In the case the goods correspond with the sample but do not tally with the description the buyer has right toA. repudiate the contractB. sue for damages caused to himC. declare the contract as illegalD. declare the contract as void

Q. 200 In case of breach of contract by the seller, the buyer has rightsA. For suit for damagesB. Suit for specific performanceC. Suit for breach of warrantyD. All of these

Q. 201 In a contract of sale of goods, breach of condition may be treated as breach of ________A. GuaranteeB. TermC. WarrantyD. Promise

Q. 202 In case the goods are destroyed or damaged or lost by accident the loss will fall onA. The owner of the goodsB. The buyerC. The owner and the buyerD. The third party



Q. 203 Where the goods are sold by sample as well as by description the implied condition is that the bulk of the goods supplied must correspond withA. sample onlyB. the description onlyC. both sample and descriptionD. sample, description and fair price

Q. 204 The doctrine of Caveat Emptor does not apply, when:A. The goods are bought by sampleB. The goods are bought by sample as well as descriptionC. The goods are purchased under its brand nameD. All of the above

Q. 205 The property in goods remains with the seller until:A. The seller brings the goods is deliverable stateB. The seller delivers to the buyerC. The buyer pays the price for goodsD. None of the above

Q. 206 Seller is deemed to have unconditionally appropriated the goods to the contract when he delivers goods to the Buyer or Carrier or other Bailee for the purpose of……………and does not reserve the right of disposalA. Transgression to the BuyerB. Transmission to the BuyerC. Translocation of the BuyerD. Transformation of the Buyer.

Q. 207 Breach of a warranty gives a right toA. Reject the goodsB. Treat the contract as repudiatedC. Claim new goodsD.

Claim damages but not a right to reject the goods and treat the contract as repudiated

Q. 208 In case of breach of warranty, the aggrieved party can:A. Repudiate the contractB. Treat the contract as voidableC. Claim damage onlyD. Can treat it as breach of condition



Q. 209 Under the doctrine of Caveat Emptor, the seller is:A. Under special obligation to disclose everythingB. Under no duty to reveal inflating about the goodsC. Bound to give the delivery of goodsD. None of the above

Q. 210 A stipulation essential to the main purpose of the contract isA. conditionsB. warrantiesC. both conditions and warrantiesD. none of these

Q. 211 A stipulation in a contract of sale with reference to the goods which are the subject matter thereof may beA. ConditionB. WarrantyC. Condition precedentD. Either (a) or (b)

Q. 212 In case of sale by description, there is an implied…………….that the goods shall correspond to descriptionA. Condition B. WarrantyC. StipulationD. Description

Q. 213 A stipulation in a contract of sale of goods breach of which gives rise to a right to claim damages is called…………….A. guaranteeB. WarrantyC. ConditionD. security

Q. 214 Any stipulation in a contract sale of goods that is essential for the main purpose of contract is known as…………….A. GuaranteeB. WarrantyC. ConditionD. Rule



Q. 215 A stipulation in a contract of sale of goods whose violation by seller gives a right of rescission to buyer is calledA. GuaranteeB. Warranty C. ConditionD. Term

Q. 216 Which one of the following is not an implied warranty?A. warranty as to undisturbed possessionB. Warranty as to existence of encumbranceC. Disclosure of dangerous nature of goodsD. Warranty as to quality or fitness by usage of trade

Q. 217 A condition can be treated as warranty when:A. The buyer waives the conditionB. When the buyer elects to treat the breach of conditionC. Where the contract is non severable and the buyer has accepted either whole or part

there ofD. All of the above

Q. 218 A condition may be treated as warranty in the following cases:A. Where the buyer altogether waives the performance of the conditionB. Where the buyer elects to treat the breach of condition as one of a warrantyC. In both of the above situationsD. In some other situations, but not in the above situations

Q. 219 Expressed conditions are thoseA. which are agreed upon between the parties at the time of the contractB. which are presumed by law be present in the contractC. Both of the aboveD. None of the above

Q. 220 Implies condition that the goods are of merchantable quality, is lost where the buyer has actually examined the goods. This is applicable in respect of defects which areA. Which are pointed out by a third partyB. Which arise subsequent to delivery of goodsC. Latent (those which cannot be identified on mere examination of goods)D. Patent (those which such examination ought to have revealed)



Q. 221 X sold rice to Y by sample and Y thinking that they were old rice purchased them. But, the

rice was new. In this situationA. Y is not bound by the contractB. Y is bound by the contractC. Y can recover damages from XD. Y can sue for replacement of new rice with old rice

Q. 222 Condition as to free from encumbrance is not an implied condition in a contract of saleA. True B. FALSEC. Partly TrueD. Partly False

Q. 223 Section……………of the Sale of Goods Act, provides for passing of property in goods when there is an unconditional contract for the sale of specific goods in a deliverable stateA. 18B. 19C. 20D. 21

Q. 224 Section……………of the Sale of Goods Act, provides for the rule governing the passing of property in goods in cases of sale of specific goods to be put in a deliverable stateA. 18B. 19C. 20D. 21

Q. 225 The matter relating to passing of property in case of goods sent on approval or ‘on sale or return’ basis is dealt in the Section.............of The Sale of Goods Act, 1930.A. 25B. 26C. 24D. 20

Q. 226 When under a contract of sale, the Seller tenders goods to the Buyer who wrongfully refuses or neglects to accept and pay the price; the Seller has a further right to claim interest on the amount of price. The statement isA. TRUEB. FALSEC. Partly TrueD. Partly False



Q. 227 Sec. 30(1) deals with passing of property whenA. Sale is under voidable contractB. Sale is by one of the joint ownersC. Seller has possession of goods after saleD. Buyer has possession of goods after sale

Q. 228 When the owner is estopped for the conduct from denying the sellers authority to sell, the transfer will getA. A good title as against the true ownerB. A better title as against the true ownerC. No title as against the true ownerD. none of these

Q. 229 ‘A' buys a TV set form 'B'. 'B'. Agrees to deliver the set to 'A'. After some time during the day, B sells the same to 'C' at a higher price. Decide title of the goodA. C' gets a good titleB. A gets a good titleC. Nobody gets a good titleD. None of these

Q. 230 Ordinarily, when any person who does not possess a good title to the goods makes a sale, the Buyer wouldA. Acquire possessionB. Acquire titleC. Not acquire possessionD. Not acquire title

Q. 231 Where goods are sold by a person who is not the owner thereof, the buyerA. acquires no better title to the goods than the seller hadB. acquires same title of the goods as the owner hadC. No title of goodsD. None of these

Q. 232 When the seller gives physical delivery of the goods to the buyer it is called ________ deliveryA. SystematicB. ActualC. ConstructiveD. Symbolic



Q. 233 If a seller handed over the keys of a warehouse containing the goods to the buyer results

in.......A. Constructive deliveryB. Actual DeliveryC. Symbolic DeliveryD. None of the above

Q. 234 Where a third person in possession of the goods of the seller acknowledges to the buyer that he holds the goods on his behalf, it is:A. Symbolic DeliveryB. Actual DeliveryC. Constructive deliveryD. None of the above

Q. 235 Under Sec. 24 of the Sale of Goods Act, 1930, the property in goods passes onA. Express or implied acceptanceB. Adoption of the transactionC. Retention of goods beyond fixed timeD. All of the above

Q. 236 In case of sale on approval, the ownership is transferred to the buyer when he..............A. Accepts the goodsB. Adopts the transactionC. Fails to return goodsD. In all the above cases

Q. 237 In case of sale of unascertained goods, the ownership is transferred to the buyer when the goods areA. AscertainedB. Appropriated to the contractC. Weighed and measuredD. Both (a) & (b)

Q. 238 Right of lien and Right of stoppage in transitA. Actually mean the same rightB. Are actually similar rightsC. Are consequential or sequential in nature, i.e. the end of right of lien is the starting point

of the right of stoppage in transitD. Are rights available to any seller of goods



Q. 239 In the case of sale of ascertained goods, the ownership is transferred to the buyer when the goods are:A. AppropriatedB. AscertainedC. heighted and measuredD. Both (A) and (B)

Q. 240 A purchased a car on hire purchase from B and with C. D purchased the car from C in good faith. On knowing the facts, B wants to recover the car from D. What are the consequences?A. B can recover the car from DB. B can recover the car from A onlyC. B cannot recover the car from DD. D will get good title for the car as he has bought it in good faith

Q. 241 Where goods are exchanged for goods, the transactions are:A. BailmentB. BarterC. Sale D. Pledge

Q. 242 Appropriation is aA. Unilateral actB. Bilateral actC. (a) or (b)D. None of the above

Q. 243 Which one of the following is not true?A. Document showing title is different from document of title.B. Bill of lading is a document of title to goodsC. Specific goods can be identified and agreed upon at the time of the contract of SaleD. None of the above

Q. 244 In the absence of a contract to contrary, the ________ is under a duty to apply for delivery of goodsA. SellerB. BuyerC. BaileeD. Nobody



Q. 245 When the seller fails to give notice to the buyer under Sec 39(3), the risk during sea transit

lies with theA. SellerB. BuyerC. CarrierD. Insurer

Q. 246 It is the duty of the……………to deliver the quantity of goods in accordance with the terms of the contractA. Seller B. BuyerC. BaileeD. None

Q. 247 Rules for valid delivery of goods includesA. Payment and delivery of goods should be concurrentB. Buyer should apply for delivery of goodsC. Expenses of delivery to be borne by the seller of goods.D. All of the above.

Q. 248 In a contract through sea, where the seller has to deliver the goods to the buyer at the port of destination, the contract is known asA. F.O.B. ContractB. C.I.F. ContractC. Ex-ship ContractD. None of these

Q. 249 In case of sale of a buyerA. Can pass a goods title to a bonafide purchaserB. Cannot pass a goods title to a bonafide purchaserC. Both of the aboveD. None of the above

Q. 250 Where the seller wrongfully neglects to deliver the goods to the buyer, then the buyerA. May sue the seller for damages for non-deliveryB. Cannot sue the seller for damages for non-deliveryC. (A) or (B)D. None of the above



Q. 251 The intention of the parties to transfer the property in goods from the seller to the buyer can

be inferred from theA. Conduct of the partiesB. Circumstances of the caseC. Terms of the contractD. All the above

Q. 252 X agreed to sell oil described as "Double Refined Oil, warranted only equal to sample". The goods delivered were equal to sample, but contained a mixture of Til Oil. What are the Buyer's rights?A. Reject the goodsB. Claim for DamagesC. Reclaim the price paidD. All of the above

Q. 253 In C.I.F. Contract, C.I.F. stands forA. Cost, Identify and FreightB. Colour, Insurance and FreightC. Cost, Insurance and freightD. Calculation, Insurance and freight

Q. 254 Delivery of goods means……………of physical possession of goods from one person (seller of goods) to another (buyer of goods)A. voluntary transferB. Compulsory TransferC. transfer without considerationD. transfer is exchange of some other good.

Q. 255 Delivery by acknowledgment isA. Actual DeliveryB. Constructive DeliveryC. Symbolic DeliveryD. None of the above

Q. 256 Delivery by attachment isA. Actual DeliveryB. Constructive DeliveryC. Symbolic DeliveryD. Physical Delivery



Q. 257 Delivery of a thing in token of a transfer of something else is known as

A. Actual deliveryB. Constructive deliveryC. Delivery by acknowledgment D. None of the above

Q. 258 Delivery of goods in case of transit made by handing over documents of the title to goods isA. Actual deliveryB. Constructive deliveryC. Symbolic deliveryD. All of the above

Q. 259 The action of goods being physically delivered to the buyer is known asA. Actual DeliveryB. Constructive DeliveryC. Symbolic DeliveryD. All of the above

Q. 260 Following is not a mode of deliveryA. Statutory deliveryB. Constructive deliveryC. Actual deliveryD. Symbolic delivery

Q. 261 A warehouse keeper agrees to hold goods of X on behalf of B at X's request. This amounts toA. Symbolic deliveryB. Constructive deliveryC. Actual deliveryD. Both (a) and (b)

Q. 262 C.I.F. contract isA. contract for the sale of insured goodsB. contract for sale of documentC. contract for sale of goodsD. contract for sale of specific goods

Q. 263 Property in goods passes at the time of making of the contract of sale of goods when theA. Goods are specificB. Contract is unconditionalC. Goods are in a deliverable stateD. All the above



Q. 264 In case letter of acceptance is lost in transit, it will be deemed to be a valid acceptance if it is proved that the letterA. Sufficiently stampedB. Correctly addressedC. PostedD. All the above

Q. 265 The term possession of goods refersA. Ownership of goodsB. Custody of goodsC. Transfer of goodsD. Property in real estate

Q. 266 The property in the goods means theA. Possession of goodsB. Custody of goodsC. ownership of goodsD. both (a) and (b)

Q. 267 Where a buyer neglects to accept delivery of the goods, the seller may sue forA. Payment of priceB. Damages for non acceptanceC. Damages for non acceptance and charges for care and custody of the goodsD. All of the above

Q. 268 Under Sec. 57, where the Seller wrongfully neglects or refuses to deliver the goods to the Buyer, which the Buyer is willing and ready to take, he may sue the Seller forA. Specific performance of the contractB. Damages for non delivery of goodsC. Refund of price already paidD. Damages for non-acceptance of goods

Q. 269 The general rule of law is that the risk follows ______ of goodsA. PossessionB. DeliveryC. OwnershipD. Contract of sale



Q. 270 The following is not a ‘document of title to goods’:

A. Bill of ladingB. Dock WarrantC. Stamped acknowledgement for receipt of goodsD. Warehouse keeper’s certificate

Q. 271 Acceptance is deemed to take place when the buyerA. Intimates to the seller that he had accepted the goodsB.

Does any act to the goods, which is inconsistent with the ownership of the sellerC. Retains the goods after the lapse of a reasonable time, without intimating to the seller

that he has rejected themD. Either (a) or (b) or (c)

Q. 272 Delivery of goods to the carrier would not pass the property in the goods to the buyer where the sellerA. Reserves the right to disposalB. Does not reserve the right to disposalC. (a) or (b)D. None of the above

Q. 273 Goods that are identified and agreed upon at the time of contract of sale are known asA. Specific goodsB. Existing goodsC. Future goodsD. Generic goods

Q. 274 Goods which are to be manufactured or produced or acquired by the seller after making the contract of sale are known asA. Specific GoodsB. Existing GoodsC. Future GoodsD. Unascertained Goods

Q. 275 If the goods are not in accordance with the description of goods as given in the contract, the Buyer is not entitled to reject the goods even if the property in goods has passed to the Buyer. This statement isA. True B. False C. Partly TrueD. Partly False



Q. 276 If there is breach of contract of sale, the aggrieved party canA. file a suit for damages for non-delivery of goodsB. file suit for specific performanceC. file suit for breach of warrantyD. All of these

Q. 277 Under sec. 26 of the sale of goods act, 1930 riskA. Follows the propertyB. Follows the delivery of goodsC. Passes with payment of priceD. None of the above

Q. 278 There are ________ kinds of deliveryA. ThreeB. FourC. FiveD. Two

Q. 279 In F.O.B Contracts, F.O.B stands forA. Free on BillB. Free on Board C. Free on Boarded shipD. Free on Bill of Lading

Q. 280 Which account is the odd one out?A. Office furniture and equipmentB. Freehold lands and buildingsC. Stock of MaterialD. Plant and Machinery

Q. 281 The goods which have not been identified and agreed upon at the time of contract of sale are ________ goodsA. ContingentB. FutureC. UnascertainedD. Unappropriated



Q. 282 Under Sec. 18 of the Sale of Goods Act, 1930, the property in goods passes when

A. Payment is madeB. Goods are ascertainedC. The contract is madeD. None of the above

Q. 283 A delivery of part of the goods in progress of the delivery of the whole:A. Is part deliveryB. Has the same effect as delivery of the wholeC. Is no delivery at allD. Does not operate as the delivery of the remainder

Q. 284 Goods delivered on approval or on sale or return basis pass on the property to the buyer when:A. He signifies his approval or acceptance to the sellerB. He does any act adopting the transactionC. (A) and (B) aboveD. None of the above

Q. 285 A person who has possession of goods cannot sell theA. If this is a mercantile agentB. If he possesses goods under voidable contract and the aggrieved party has rescinded the

contractC. If he is a servant having custody to the goodsD. Both (b) and (c)

Q. 286 The provisions relating to passing of property in case of goods sent on approved or ‘on sale or return' basis is dealt in theA. Indian Contract Act, 1872B. Indian Partnership Act, 1932C. Sales of Goods Act 1930D. Transfer of Property Act, 1882

Q. 287 Rules regarding delivery of goods are given in theA. Sale of Goods Act, 1930B. Indian Partnership Act, 1932C. Indian Contract Act, 1872D. None of the above



Q. 288 A mate’s receipt

A. Is a document of title to goodsB. Is an acknowledgement for the receipt of goodsC. Both the aboveD. None of the above

Q. 289 In case of an agreement to sale, if the seller becomes insolvent while the goods are in his possession, the buyer's remedyA. Is to claim the goods from the official receiver or assigneeB. Is to claim dividend from the estate of the seller for the price paidC. Is not availableD. Is to file a suit for damages

Q. 290 A _______________ is a right to retain the possession of goods until the payment of the price of such goodsA. CaptureB. LienC. SurrenderD. Sue

Q. 291 The Latin maxim “NemoDat Quod Non Habet” meansA. Let the Buyer bewareB. No man can pass a better title than he hasC. No consideration-No contractD. Ignorance of law is no excuse.

Q. 292 In a contract for purchase of 3000 tins of canned fruits to be packed in cases each containing 30 tins, O substantial part was tendered in cases containing 24 tins instead of 30. Can the buyer reject the cases?A. Yes, on the ground ‘that they do not correspond with the description of the goods

orderedB. No, he is getting he know of goods he requiredC. No, he cannot take any actionD. Yes, on the ground that they do not fit his purpose

Q. 293 In a contract of sale of goods if the seller is not the owner of goods, then the title of the buyer shallA. Be same as that of the sellerB. Not be same as that of the sellerC. Be better than that of the sellerD. None of the above



Q. 294 In case of sale of standing trees, the property passes to the buyer when trees are:A. Felled and ascertainedB. Not felled but earmarkedC. Counted and ascertainedD. Both (B) and (C)

Q. 295 Sec. 24 of the Sale of Goods Act, 1930 deals with passing of property in goods where goods are sentA. On ApprovalB. On ‘sale or return’ basisC. In instalmentsD. (a) and (b)

Q. 296 An orders 140 bags of rice from B, pays for them and asks for delivery. B sends him a delivery order for 125 bags and writes saying that remaining 15 bags are ready for delivery at his place of business. A waits for a month before sending the 15 bags and in the meantime they are stolen the loss will fall on:A. On BB. On noneC. On A because he had assented to such appropriationD. On both

Q. 297 When the time of sending the goods has not been fixed by the parties, then the seller must send them withinA. Reasonable timeB. One month of the contractC. Two month of the contractD. Before making the contract

Q. 298 X contracts to sell and deliver 100 kgs of sugar to Y, at a certain price to be paid on delivery. X breaks his promise. Y is entitled to receive from X, by way of compensation, the sum, if any, by which the contract price falls short of the price for which X might have obtained 150 kgs of sugar at the time when the sugar ought to have been deliveredA. CorrectB. Partially CorrectC. WrongD. Partially Wrong



Q. 299 When the goods are to be delivered in future and the Seller becomes insolvent before any appropriation is made, the property in goods passes to the Buyer and the Buyer acquires interest in the goods. It isA. True B. Partly TrueC. False D. Partly False

Q. 300 Delivery made to Carrier whether named by the Buyer or not, for the purpose of transmission to the Buyer or to a Wharfinger for safe custody, shall be prima facie deemed to be a delivery to the Buyer. It isA. True B. Partly TrueC. False D. Partly False

Q. 301 Passing of property implies passing ofA. OwnershipB. PossessionC. Ownership & PossessionD. Benefit & Possession

Q. 302 Voluntary transfer of possession by one person to another is known asA. TransferB. PossessionC. DeliveryD. None of these

Q. 303 ‘Property is good’s, under the sales of goods Act means:A. Ownership of goodsB. Possession of goodsC. Delivery of goodsD. Exchange of goods

Q. 304 The goods are at the risk of a party who has the.........A. Ownership of goodsB. Possession of goodsC. Custody of goodsD. Both (B) and (C)



Q. 305 The delivery of goods and payment of price areA. Concurrent conditionsB. Principal conditionsC. Mutual conditionsD. All of these

Q. 306 In case of bailmentA. Property in goods passed to the bailee at the time of contractB. Property in goods passes to the bailee upon the payment of the last instalmentC. Property in goods can pass to the bailee at any time after the contractD. Property in goods does not pass to the bailee and instead there is transfer of possession

of goods takes place from bailor to the bailee for a specific reason

Q. 307 Risk prima facie passes withA. Payment of priceB. Property or ownershipC. Completed agreementD. Verification and delivery of goods.

Q. 308 Which one is the example of document of title to goodsA. Bill of ladingB. Purchase OrderC. Certificate or OriginD. All of these

Q. 309 R bought a car from D and used it for four months. D had no title to the car and consequently R had to hand it over to the true owner:A. R cannot recover the price from DB. R could recover the price from DC. The true owner will pay the price to RD. R can recover only the damages

Q. 310 Which of the following is not a document of title to goods?A. Bill of LadingB. Railway ReceiptC. Dock WarrantD. Proforma Invoice



Q. 311 The time of delivery of goods should be made unless otherwise specified within theA. Business hours of the buyerB. Reasonable timeC. Business hours of the sellerD. None of the above

Q. 312 In case of saleA. Property in goods passes to the buyerB. Risk in the goods passes to the buyerC. Both the aboveD. None of the above

Q. 313 To make an effective delivery to the Buyer, delivery can be made to a Wharfinger for the purpose ofA. Transmission to the BuyerB. Safe custodyC. (a) or (b)D. (a) and (b)

Q. 314 Sec. 30 (2) deals with passing of property whenA. Sale is by a mercantile agentB. Sale is by a joint ownerC. Seller has possession of goods after saleD. Buyer has possession of goods after sale

Q. 315 The term ‘mercantile agent’ is defined inA. Sec. 2 (7) B. Sec. 2 (8)C. Sec. 2 (9)D. Sec. 2 (11)

Q. 316 ‘Deliverable state’ is defined in……………A. Sec. 2(1)B. Sec. 2(2)C. Sec. 2(3)D. Sec. 2(4)

Q. 317 In case of sale of specific goods to be put in a deliverable state, the law is contained inA. Sec. 20B. Sec. 21C. Sec. 22D. Sec. 23



Q. 318 The rule of “Nemodat quad non habet” is contained inA. Sec. 26B. Sec. 27C. Sec. 28D. Sec. 29

Q. 319 Sale by one of the joint owners is dealt inA. Sec. 27B. Sec. 28C. Sec. 30D. Sec. 32

Q. 320 Duration of transit is given in the Sale of Goods Act, 1930 inA. Sec. 52B. Sec. 51C. Sec. 50D. Sec. 49

Q. 321 Rules regarding delivery of goods are dealt in the..........of The Sale of Goods Act, 1930.A. Section 33 to 39B. Section 20 to 24C. Section 18 to 24D. Section 33 to 32

Q. 322 Appropriation of goods to the contract can be made with consent of theA. BuyerB. SellerC. BaileeD. Buyer or seller

Q. 323 Under Sec. 27 of the Sale of Goods Act, 1930, sale by a mercantile agent is valid when. The mercantile agentA. Has possession of the goods with the consent of the ownerB. Sells the goods acting as a mercantile agentC. Acts in his usual course of businessD. All of the above.



Q. 324 Where seller delivers to the buyer a quantity of goods less than the contracted to sell, the buyerA. May reject themB. Should not reject them as more quantity might be suppliedC. May resell themD. Give less price for them

Q. 325 Where the seller delivers to the buyer a quantity of goods less than the contracted to sell, the buyerA. may reject themB. should not reject them, as more quantity might be suppliedC. may resale themD. give less price for them

Q. 326 The goods which are owned and possessed by the seller at the time of sale are known asA. Contingent goodsB. Specific goodsC. Unascertained goodsD. General goods

Q. 327 Where there is an unconditional contract for sale of ______, the property passes to the buyer at the time when contract is madeA. Unascertained goodsB. Specific goods in a deliverable stateC. Specific goods to be put in a deliverable stateD. Specific goods in a non-deliverable state

Q. 328 Where price is not already ascertained, the proposed in……………passes to the Buyer when the Seller does everything for the purposes of ascertaining the price and the buyer has notice thereof.A. Specific goods in a deliverable stateB. Specific goods to be put in a deliverable stateC. Specific goods in a non-deliverable stateD. Unascertained goods.

Q. 329 Which of the following is not a form of delivery?A. Constructive deliveryB. Structured DeliveryC. Actual DeliveryD. Symbolic Delivery



Q. 330 When buyer repudiates the contract before the date of delivery the seller mayA. Sue for damagesB. Sue for priceC. Rescind the contractD. None of the above

Q. 331 Which does not came in to the category of deliveryA. ActualB. SymbolicC. ConstructiveD. Perpetual

Q. 332 Delivery which is effected without any change in the custody or actual possession of the thing is known as:A. Actual DeliveryB. Symbolic DeliveryC. Constructive deliveryD. None of the above

Q. 333 Which does not relate the term delivery of goodsA. Actual deliveryB. Symbolic deliveryC. Constructive deliveryD. Specific delivery

Q. 334 Which of the following modes of delivery of goods is considered effective for a valid contract of saleA. Actual deliveryB. Symbolic deliveryC. Constructive deliveryD. All of these

Q. 335 Goods delivered to any person authorised to hold them on behalf of the bailee is type of which deliveryA. Constructive deliveryB. Symbolic DeliveryC. Actual DeliveryD. None of the above



Q. 336 When the goods one bulky in nature, they are delivered in a:

A. Physical MannerB. Symbolic MannerC. Carriage D. None of these

Q. 337 Deliverable state means such a stateA. That both buyer and seller can exchange their goodsB. That the seller will be willing to produce the goodsC. That the buyer would be bound to take the delivery of goodsD. None of the above

Q. 338 In case of a sale the risk of loss resulting from the insolvency of the buyer is borne by..........A. The sellerB. The buyerC. Both of the aboveD. General Insurance Company of India

Q. 339 Where seller refuses to deliver the goodsA. the buyer may sue the seller for damages for non-deliveryB. the buyer may not sue the seller C. the buyer may compel the seller to deliver the goodsD. the buyer may not compel the seller to deliver the goods

Q. 340 Goods are said to be in a deliverable state whenA. The buyer may take delivery of themB. The buyer would, under contract, be bound to take delivery of themC. The seller is in a position to deliver themD. All of the above

Q. 341 Under Sec. 29 of the Sale of Goods Act, 1930, sale of goods by a person in possession of goods under a voidable contract, is valid ifA. It is not relevant whether contract was rescinded or notB. The contract has not been rescindedC. The contract has been rescindedD. None of the above



Q. 342 In case of sale of goods by sample as well as by description, the goods should correspond

withA. The sampleB. The descriptionC. Either (a) or (b)D. Both (a) & (b)

Q. 343 Essentials involved in appropriation of the goods areA. The goods should conform to the description and the quality stated in the contractB. The goods must be in a deliverable stateC. The goods must be unconditionally appropriated to the contract either by delivery to the

buyer or to its agent or the carrierD. All of the above

Q. 344 A, B and C own certain cattle in common. A is left on by B and C in possession of a cow which he sells to D. D purchases it bonafide.A. As the property in the cow to transferred to D of as if is in possession of one of the joint

owners who can transfer the possessionB. The property does not transferC. The property will transfer with the consent of other ownersD. None of the above

Q. 345 In case of an agreement to sell, the ownership in the goods remains with ________A. The buyerB. The sellerC. Both the buyer and the sellerD. The Central Government or the State Government, as the case may be

Q. 346 In case of an agreement to sell, subsequent loss of destruction of the goods is the liability ofA. The buyer B. The sellerC. Both the buyer and the sellerD. The insurance company

Q. 347 In a concluded sale, if goods are destroyed, the loss is to be borne by:A. The BuyerB. The Seller C. The party in possession of goodsD. Both seller and buyer in certain proportions



Q. 348 The expenses of putting the goods into a deliverable state must be borne byA. The buyerB. The seller C. Both the buyer and sellerD. The third party

Q. 349 The general principle of regarding the transfer of title is thatA. The seller can transfer to the buyer of goods a better title than he himself hasB. The seller cannot transfer to the buyer of goods a better title than he himself has C. The seller can transfer to the buyer of goods no title than he himself hasD. none of these

Q. 350 A sells to B certain specific goods which are, locked up in godown. A gives B the key of the godown:A. It is deliveryB. There is no delivery of goodsC. It is symbolic deliveryD.

Since goods are locked up, there is no movement of goods to transfer possession.

Q. 351 Which of the following sentence is trueA. There should be immediate delivery of goodsB. There should be immediate payment of priceC. There may be delivery of goods and payment of price on to be made at some future date.D. All of these

Q. 352 Necessary condition for existing goods isA. They should be in existence at the time of the contract of saleB. They should be owned or possessed by the sellerC. Both of the aboveD. None of the above

Q. 353 Delivery of goods to……………is deemed to be the delivery of goods if the seller does not reserve the right of disposal of the goods.A. CarrierB. third partyC. carrier or wharfingerD. Wharfinger



Q. 354 Delivery means:A. Voluntary transfer of possession of goods from one person to another:B. Transfer of possession of goods under undue influenceC. Promise to sell the goods in futureD. None of the above

Q. 355 If there is breach of warranty, the aggrieved party canA. Only claim damagesB. Treat the contract as repudiatedC. Treat the Contract illegalD. All of these

Q. 356 A pledge made by the seller of the goods whose title was transferred to the buyer but not the possession isA. VoidB. ValidC. IllegalD. Voidable

Q. 357 If the buyer reject the goods due to excess delivery the contract is treated as:A. VoidB. ValidC. SubsistingD. Illegal

Q. 358 Where the goods are delivered to a carrier or wharfinger for the purpose of transmission to the buyer, the delivery isA. Invalid and ineffectiveB. Valid and effectiveC. ConditionalD. None of these

Q. 359 Which of the following is true, delivery meansA. Compulsory transfer of possession by one person to another personB. Voluntary transfer of possession by one person to anotherC. Mere person to of possession by one person to another personD. All of these



Q. 360 Which one of the following is/are document of title to goods?A. Railway receiptB. Wharfinger’s certificateC. Warehouse keeper’s certificateD. All of the above

Q. 361 The transit comes to an endA. when buyer takes the deliveryB. when delivery is made to a shipC. when there is part delivery of goodsD. All of these

Q. 362 Transfer of property in goods sent on approval take place whenA. when buyer signifies his approvalB. when he makes the return of goods impossibleC. when he retains goods without signifying approval for unreasonably long timeD. All of the above

Q. 363 A buyer is deemed to have accepted the delivery of goodsA. When it is in accordance with the terms of the contractB. When seller is ready but not willing for giving the possession of the goodsC. When the seller delivers the goods at the place at which they are at time of saleD. All of the above

Q. 364 Under Sec. 19 of the Sale of Goods Act, 1930, the property in goods passes to the buyerA. On delivery of goodsB. When the parties intend the property in goods to passC. When the payment of price is madeD. When the contract is made

Q. 365 Transit comes to an end:A. If the buyer or his agent obtains delivery of the goodsB. Where the carrier wrongfully refuses to deliver the goods to the buyerC. If after arrival of the goods at the destination the corner acknowledges to the buyer that

he is holding the goods on his behalfD. All of the above



Q. 366 Which of the following statement is/are correct

A. The general rule is "unless otherwise agreed, the goods remain at the seller's risk until the property therein is transferred to the buyer, but when the property therein is transferred to the buyer, the goods are at the buyer's risk whether delivery has been made or not"

B. Where the delivery of the goods has been delayed through the fault of either the buyer or the seller, the goods are at the risk of the party in fault as regards any loss which might not have occurred but for such fault

C. In ordinary circumstances, risk is borne by the buyer only when the property in the goods passes over to him. However, the parties may by special agreement stipulate that risk will pass sometime after or before the property has passed

D. All of the above

Q. 367 Under sec. 28, one of the joint owners must have possession of the goodsA. At his own willB. With the consent of the other ownersC. Without the consent of other ownersD. None of the above

Q. 368 Saree was sent by X to Y on ‘sale or return’ basis. Y pledged the Saree with Z. Discuss the rights and liabilities of the parties.A. Y is bound to pay the price to X and Z has right of pledgeeB. Y is not bound to pay the price to X and Z has rights of pledgeeC. Y is bound to pay the price to X and Z has no rights of pledgeeD. None of the above

Q. 369 X purchased papers from Y and resold it to Z who found that the papers was infected with white ants and returned it to X. Can X return the goods to Y?A. No B. YesC. Z has to return directlyD. None of the above

Q. 370 X of Mumbai orders Y of Agra to supply certain goods. The station master of Mumbai informs X about the arrival of goods but before X could receive the goods, he is declared insolvent. Y wants to exercise his right of stoppage in transit.A. No-transit has endedB. Yes-he can exercise his right of stoppage in transitC. No goods are in possession of XD. None of the above



Q. 371 Railway receipt or Multimodal transport document is 'document of title of goods'

A. TRUEB. FALSEC. Partly trueD. Partly false

Q. 372 Wharfinger's certificate is an example document of title to goods?A. TRUEB. FALSEC. Partly trueD. Partly false

Q. 373 A sold 1000 tins of oil to B without appropriating any particular oil to the contract. B sold 600 tins out it to C and gave delivery order addressed to A. C lodged the delivery order with A requesting him to “await” his orders. Meanwhile, B became insolvent and thus A became the unpaid seller.A. A can exercise his right of lien and refuse to make delivery to C.B. A cannot exercise his right of lien and refuse to make delivery to C.C. C has claim over the goods in possession of A.D. None of the above

Q. 374 A right of lieu is:A. A right to lay down the goodsB. A right to retain possession of goods until payment of the priceC. A right to leave the goods with the buyerD. A right to re-sell the goods

Q. 375 Auction sale is an example ofA. An executed contractB. A tacit contractC. An executory contractD. An implied contract

Q. 376 An auctionable claim can always beA. AssignedB. AdjustedC. NotedD. All of these



Q. 377 The right of lien is available to the unpaid seller when he has possession of the goods

A. In his own rightB. As an agent of the buyerC. As a bailer of the buyerD. Either (a) or (b) or (c)

Q. 378 The bidder at an auction sale can withdraw his bidA. Any time during auctionB. Before fall of hammerC. Before payment of priceD. None of these

Q. 379 When an unpaid seller who had exercised the right of lien resells the goods, the buyer acquiresA. A good title to the goods as against the original buyerB. Better title as against the true buyerC. No title as against the true ownerD. none of these

Q. 380 When there is no reserve price, the auctioneer is _______A. not bound to accept the highest bidB. bound to accept the highest bidC. can accept any priceD. None of the above

Q. 381 The term “Unpaid Seller” includesA. ‘seller’s agent to whom the Bill of Lading is endorsedB. Buyer’s agent to whom the Bill of Lading is endorsedC. Buyer’s agent to whom the goods have been deliveredD. Seller’s agent to whom the goods have been delivered.

Q. 382 The unpaid seller may exercise his right of stoppage in transitA. by taking actual possession of the goodsB. by giving notice of his claim to the carrierC. by giving notice of his claim to the bailee in whose possession the goods areD. All of these



Q. 383 A directs B who is a solicitor to sell his estate by auction and to employ an auctioneer for this

purpose. B names C, an auctioneer, to conduct the sale. The status of C for the sale is............A. C is an agent of AB. C is a sub-agent of AC. C is an agent of BD. C is neither an agent of A nor of B

Q. 384 When the goods are sold on credit and credit period has not expired the seller of goods, isA. not called unpaid sellerB. called unpaid sellerC. is not a seller at allD. None of the above

Q. 385 The rights available to an unpaid seller against the buyer are right to sue for ________A. PriceB. DamagesC. InterestD. All of the above

Q. 386 An act by which an intending bidder is dissuaded or discouraged from bidding in the auction sale is calledA. DampingB. Decoy DuckC. PufferD. Knock out

Q. 387 In which of the following cases, the unpaid seller loses his right of lien?A. Delivery of goods to buyerB. Delivery of goods to carrierC. Tender of price by buyerD. All of these

Q. 388 Unpaid Seller can exercise his right of withholding delivery of goodsA. Only when property in goods has not passed to the BuyerB. Even when property in goods has passed to the BuyerC. Either (a) or (b)D. Both (a) and (b)



Q. 389 In a contract of auction sale, the property in the goods passes with

A. Payment of priceB. Fall of the hammerC. Consent of the owner goodsD. Happening of all the above

Q. 390 Once possession is lost, right of lien of the Unpaid Seller is also lost. This statement isA. True B. False C. Partly TrueD. Partly False

Q. 391 A buyer can sue for specific performance of the contract if the goods areA. specificB. futureC. contingentD. perishable

Q. 392 An unpaid seller has right of him when:A. Goods have been sold without any stipulation as to creditB. Goods have been paid forC. Goods have been rejected by the buyerD. Goods have been delivered to the carrier

Q. 393 Where in an auction sale, the seller appoints more than one bidder, the sale isA. VoidB. IllegalC. ConditionalD. Voidable

Q. 394 An unpaid seller can waive his right of lien……………..A. expresslyB. ImpliedlyC. Expressly or impliedlyD. only expressly

Q. 395 Where the unpaid seller has attained a decree for the price of the goods, the right of lienA. is lostB. is at the optioning the courtC. is at the optioning the seller can be exercisedD. not cancelled



Q. 396 An auctioneer is an agent governed by theA. Law of agencyB. Law of partnershipC. Law of limitationD. Law of mutual consent

Q. 397 An auction sale is an example of..............A. Invitation to treat an offerB. Mere communication of information in the course of negotiation C. Statement of intentionD. Offer

Q. 398 When the right to bid at an auction is expressly deserved the seller mayA. bid at the auctionB. not bid at the auctionC. be restrained to bid at an auctionD. be forced to bid at an auction

Q. 399 Where the goods are perishable in nature, unpaid seller canA. Resale the goodsB. Not resale the goodsC. Ask again the buyerD. Take possession and mark goods as bad

Q. 400 In case of perishable goods the unpaid seller canA. Resell goodsB. Not resell goodsC. Resell after giving notice to the buyerD. Resell goods without giving notice to the buyer

Q. 401 Knock-out agreements are generally ______ in auction saleA. UnlawfulB. Not unlawfulC. VoidD. Required

Q. 402 The lieu is waived:A. If the seller assents to sub saleB. On the dishonour of the billC. After the expiry of the tern of paymentD. None of the above



Q. 403 The right of lien can be exercisedA. Only for the priceB. Only for the expensesC. Either for the price and expenses D. All of these

Q. 404 Under Sec. 61, an Unpaid Seller can claim interest or special damages from the BuyerA. Only when he is entitled to claim damagesB. Only when he can recover the priceC. Neither (a) nor (b)D. Either (a) or (b)

Q. 405 Unpaid Seller can exercise his right of lienA. Even when property in goods has passed to the BuyerB. Only when property in goods has not passed to the BuyerC. Either (a) or (b)D. Both (a) and (b)

Q. 406 An auction sale is complete on theA. Delivery of goodsB. Payment of priceC. Fall of hammerD. None of the above

Q. 407 An 'auction sale' is a mode of selling property by inviting bidsA. PrivatelyB. PubliclyC. CordiallyD. All of the above

Q. 408 Right of lien is toA. Retain possessionB. Regain possessionC. Remove possessionD. Recharge possession

Q. 409 Lien in Sale of Goods Act, 1930, is a right toA. Regain possession of goodsB. Retain possession of goodC. Give away possession of goodsD. All of the above



Q. 410 The right of lien empowers the unpaid seller for……………..of goods.A. deliveryB. retaining possessionC. regaining possessionD. surrendering possession

Q. 411 When the property in goods has passed to the buyer, an unpaid seller may have the right against the goodsA. Lien on the goodsB. Right of Stoppage in TransitC. Right of Re-saleD. All of the above

Q. 412 The unpaid seller has against the goodsA. Rights of lienB. Right of stoppage in transitC. Right of resaleD. all of these

Q. 413 Where the Unpaid Seller has parted with the Goods by handing it over to a carrier for transmission, and the goods are in transit, he can reclaim possession thereof. This right is calledA. Right of LienB. Right of Stoppage of goods in transitC. Right of withholding delivery of goodsD. Right of Re-sale

Q. 414 In the context of Rights of an Unpaid Seller, Quasi-Lien meansA. Right of Re-saleB. Right of withholding delivery of goodsC. Right of Stoppage of goods in transitD. Right of Lien

Q. 415 Which of the following is not the right of unpaid seller?A. Right of lienB. Right to re-saleC. Right to stop the goods in transitD. Right to demand back the goods



Q. 416 The definition of ‘unpaid seller’ is given in the Sale of Goods Act, in

A. Sec. 45B. Sec. 46C. Sec. 47D. Sec. 48

Q. 417 Under Section……………..of the Sale of Goods Act, the Seller is entitled to interest when he is in a position to recover the priceA. Section 64B. Section 63C. Section 62D. Section 61

Q. 418 Unpaid Seller has right of resale whereA. Goods are perishableB. Seller has reserved such rightC. Seller gives noticeD. All of these

Q. 419 The right of lien is available to the unpaid seller, only whenA. Seller is not in possession of the goodsB. Seller is in possession of goodsC. Seller delivered the goods to the carrierD. Seller has delivered the goods to the buyer

Q. 420 When property in goods has not passed to the buyer, the unpaid seller has a right ofA. withholding deliveryB. stoppage in transitC. (a) and (b)D. (a) or (b)

Q. 421 The sale of Goods Act, 1930 gives the remedies to a seller for breach of contract of sale. Which is correctA. Suit for priceB. Suit for damages for non-acceptanceC. Suit for damages for reputation of contract by the buyer before due dateD. All of these



Q. 422 Which of seller's right against the buyer in case of breach of contract isA. Suit for price and damages for non-acceptanceB. Suit for damages for non-acceptanceC. Suit for price onlyD. Cannot sue for price and damages

Q. 423 In case of breach of contract right of an unpaid seller against the buyer includeA. Suit for PriceB. Suit for Damages for non-acceptance of goodsC. Suit for InterestD. All of the above

Q. 424 An unpaid seller can exercise his right of stoppage of goods in transit byA. Notice of his claim to the bailee who is in possession the goods.B. Taking actual possession of the goods.C. Giving notice of his claim to the carrier who is in possession of the goods.D. Any of the above.

Q. 425 The unpaid seller of goods loses his right of lieu when:A. The buyer or his agent lawfully obtains possession of goodsB. The buyer waives his rightC. When the seller delivers the goods to a carrier for the purpose of transmission to the

buyerD. (A) and (C) above

Q. 426 The appropriation must be made byA. The seller with the assent of the buyerB. The buyer with the assent of the sellerC. The buyer or the seller with or without the assent of the otherD. Both (a) & (b)

Q. 427 The right of stoppage can be exercised by unpaid seller ifA. the buyer has became insolventB. the goods are in transitC. the seller must be unpaidD. All of these



Q. 428 Which of the statement is true in case of an auction saleA. The sale is complete when the auctioneer announces its completion by the fall of

hammer B. The sale is complete after certain periodC. The sale is complete after five hoursD. The sale is complete after eight house

Q. 429 The seller of goods is deemed to be an unpaid seller whenA. The whole of price has not been paidB. The same part of price has not been paidC. Half part of price has not been paidD. 25% of price has not been paid

Q. 430 If the buyer is insolvent.................A. The seller cannot exercise the right of stoppage in transitB. The seller cannot exercise the right of lienC. The seller can exercise the right of lienD. The seller has right to resale

Q. 431 The unpaid seller can exercise the right to resell the goods whenA. The goods are not of perishable natureB. The seller has not given notice of resale to the buyerC. The buyer has not paid the price within a reasonable timeD. All of the above

Q. 432 A seller of goods is an ‘unpaid seller’, whenA. A part of the price of the good has not been paidB. The whole of the price of the good has not been paidC. Nothing has been paidD. Either of the above

Q. 433 An unpaid seller has rights against the buyer personallyA. To sue for priceB. To sue for damagesC. To repudiate the contractD. All of the above



Q. 434 The Right of Lien means

A. To refuse to deliver the goodsB. To take back delivery of goodsC. To hold goods until payment is madeD. None of these

Q. 435 An auction sale may beA. ConditionalB. UnconditionalC. voidableD. None of the above

Q. 436 An unpaid seller having possession of the goods can exercise his right of lienA. until payment of whole priceB. until payment of all cost and expensesC. until payment of price and expensesD. in the cases stated in clauses (b) and (c) above

Q. 437 A seller is an unpaid sellerA. when only a part of the price has been paidB. when a cheque has been issued and the payment of the same is stoppedC. when whole of the price has not been tenderedD. any one of the above

Q. 438 Under which circumstances the unpaid seller can exercise right of re-saleA. when the goods are of perishable natureB. when he gives notice to the buyerC. When he gives notice to the buyer of his intention to resale and the buyer does not

within reasonable time pay the priceD. Both (a) and (b)

Q. 439 The seller of goods is deemed to be an “Unpaid seller” within the meaning of this ActA. when the whole of the price has not been paidB. when part payment is receivedC. when bill of exchange has been receivedD. None of the above

Q. 440 Right of resale can be exercisedA. where the goods are of perishable natureB. when the seller expressly reserves a right of resaleC. After giving reasonable noticeD. All of these



Q. 441 The right of stoppage in transit startsA. When the unpaid seller has parted with the goodsB. When the unpaid seller uses the goodsC. When the unpaid seller retains possession of goodsD. None of the above

Q. 442 The seller of goods is deemed to be an unpaid sellerA. when the part of the price has not been paidB. when the whole of the price has not been paidC. when a bill of exchange has been dishonouredD. All of these

Q. 443 An unpaid seller loses the right of lien under the following circumstances:A. Where the seller so conducts himself that he leads third parties to believe that the lien

does not existB. Where seller has waived the right of lienC. Where the buyer or his agent lawfully obtains possession of the goodsD. All of the above

Q. 444 When the Goods have not been sold on credit and the Buyer fails to pay the…………….., the Unpaid Seller can exercise his right of lienA. Substantial Portion of the PriceB. Whole of the PriceC. Part of the PriceD. Minimal Portion of the Price

Q. 445 X sells and consigns certain goods to Y assigns bill of lading for these goods to Z to secure the sum of Rs.5, 000 due from him to Z, Y becomes insolventA. X can stop the goods in transitB. X cannot stop the goods in transit C. A can claim against Y and ZD. None of the above

Q. 446 Where in an auction sale, the seller appoints more than one bidder, the sale is VoidableA. TRUEB. FALSEC. Partly trueD. Partly false



Q. 447 An unpaid seller is bound to resell the goods

A. False B. TRUEC. Unpaid seller can sue for compensationD. Unpaid seller can force to pay the price



Answer

S. NoAnswer

1 B2 A3 D4 C5 A6 C7 A8 B9 B

10 D11 B12 A13 B14 C15 C16 D17 A18 A19 B20 A21 C22 B23 B24 B25 D26 B27 B28 C29 C30 D31 B32 D33 B34 C35 A36 A

37 A38 C39 B40 B41 A42 A43 B44 B45 A46 A47 C48 A49 B50 A51 B52 A53 A54 A55 C56 B57 C58 A59 A60 C61 B62 A63 B64 D65 D66 A67 D68 B69 A70 C71 A72 D73 D74 C

75 D76 C77 C78 A79 D80 A81 C82 D83 C84 C85 A86 B87 B88 D89 A90 A91 B92 B93 A94 A95 A96 C97 C98 D99 B

100 A101 D102 A103 C104 C105 B106 C107 B108 D109 C110 D111 B112 B



113 A114 D115 A116 A117 A118 A119 B120 B121 D122 B123 D124 D125 C126 A127 B128 B129 A130 D131 A132 B133 D134 A135 A136 D137 C138 A139 D140 B141 C142 A143 A144 B145 A146 B147 C148 B149 C150 A151 B152 C

153 D154 D155 A156 B157 A158 C159 C160 B161 C162 A163 C164 A165 D166 D167 B168 B169 B170 B171 B172 C173 C174 C175 A176 D177 D178 A179 C180 B181 B182 B183 C184 D185 A186 B187 C188 C189 A190 C191 D192 C

193 B194 A195 C196 A197 A198 A199 A200 D201 C202 A203 C204 D205 A206 B207 D208 C209 B210 A211 D212 A213 B214 C215 C216 B217 D218 B219 A220 B221 B222 A223 C224 D225 C226 A227 C228 A229 A230 D231 A232 B



233 C234 C235 D236 D237 D238 C239 B240 A241 B242 B243 D244 B245 A246 A247 D248 B249 A250 A251 D252 A253 C254 A255 B256 B257 D258 C259 A260 A261 B262 A263 D264 D265 B266 C267 C268 B269 C270 C271 D272 A

273 A274 C275 B276 D277 A278 A279 B280 B281 C282 B283 B284 A285 D286 C287 A288 B289 B290 B291 B292 A293 A294 D295 D296 C297 A298 A299 C300 A301 A302 C303 A304 A305 A306 D307 B308 A309 B310 D311 B312 C

313 B314 D315 C316 C317 B318 B319 B320 B321 A322 D323 D324 A325 A326 B327 B328 A329 B330 C331 D332 C333 D334 D335 A336 B337 C338 A339 A340 B341 B342 D343 D344 A345 B346 B347 A348 B349 B350 C351 C352 C



353 C354 A355 A356 B357 C358 B359 B360 D361 D362 D363 B364 B365 C366 D367 B368 A369 A370 A371 A372 A373 A374 B375 B376 A377 D378 B379 A380 A381 A382 D383 A384 A

385 D386 A387 D388 A389 B390 A391 A392 A393 D394 C395 D396 A397 A398 A399 A400 D401 B402 A403 A404 B405 C406 C407 B408 A409 B410 B411 D412 D413 B414 B415 D416 A

417 D418 D419 B420 C421 D422 A423 D424 D425 D426 D427 D428 A429 A430 C431 C432 D433 D434 C435 B436 A437 D438 D439 A440 D441 A442 D443 D444 B445 A446 A447 A


Sale of Goods Act - Practice Problems

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