Sale of Goods Act Test - 4
Test your knowledge of the Indian Sale of Goods Act, 1930. Covers key concepts including seller and buyer rights, transfer of property, documents of title, risk of loss, types of goods, and legal doctrines like caveat emptor.
Questions
Reserve price is the ______ price in case of auction sale.
- maximum
- minimum
- average
- variable
The rights of an unpaid seller against a buyer personally do not include
- suit for price
- suit for interest
- suit for repudiation
- None of these
Doctrine of caveat emptor is not applicable if
- the purpose of buying is not known to a seller
- the goods are bought by description
- a contract is made by fraud
- a buyer has relied upon the skills of a seller
Who among the following cannot make a valid sale?
- An unpaid seller
- A mercantile agent
- A pawnee (when there is no default)
- A joint owner
Transfer of property and transfer of possession
- are two different things
- are the same thing
- vary marginally
- None of these
Which of the following documents is not a document of title to goods?
- Railway receipt
- Bill of lading
- Dock warrant
- Letter of credit
Who among the following bear(s) the risk of loss of goods by accident?
- The person having possession
- The person having ownership
- Both (1) and (2)
- Any third party
The goods are subject matter of the contract of sale. The goods are movable goods only.
- True
- False
- Partly true
- Cannot say
Which of the following is not a stage in contract of sale?
- Transfer of property in goods
- Transfer of possession of goods
- Passing of risk
- Sharing of risk
- Both (3) and (4)
Contingent goods are a type of
- specific goods
- ascertained goods
- generic goods
- future goods
- All of above
If the goods are of perishable nature, then an unpaid seller has the right
- to resale the goods without a notice to the buyer
- to resale the goods after giving a due notice to the buyer
- not to resale the goods
- None of these
A mercantile agent cannot sell a property if
- the property is possessed by the agent
- the property is with the consent of a buyer
- a buyer acts in good faith
- a buyer has knowledge of dispute between the agent and the owner
Which of the following is not an agreement to sale?
- An importer agreed to sell a part of goods (not arrived yet) coming from another country.
- A farmhouse owner promised to supply the eggs to be given by hens.
- A person promised to sell fruits to be grown in his garden next year.
- A money lender promised to lend money for the business.
Prior to the Sale of Goods Act, 1930, the law of sale of goods was contained in Chapter VII of the Indian Contract Act, 1872. Contracts for the sale of goods are subject to the general principles applicable to all contracts.
- True
- False
- Partly true
- Cannot say
Which of the following is/are not considered as goods under the contract of sale?
- Stock and shares
- Patent rights
- Water
- Actionable claims