Millionaire Mode

Mercantile Laws Test - 12

Question 1 of 40

In case of an agreement to sale, if the seller becomes insolvent while the goods are in his possession, the buyer`s remedy

  1. is to claim the goods from the official receiver or assignee
  2. is to claim dividend from the estate of the seller for the price paid
  3. is not available
  4. is to file a suit for damages

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000