Sale of Goods Act Test 3

Tests knowledge of the Sale of Goods Act including contract formation, definitions, buyer and seller rights, delivery conditions, and remedies for breach.

14 Questions Published

Questions

Question 1 Multiple Choice (Single Answer)

If, in a contract of sale, a seller becomes insolvent after the contract is made, then who can claim the goods?

  1. The seller
  2. The seller’s official receiver
  3. The buyer
  4. None of these
Question 2 Multiple Choice (Single Answer)

When there is an agreement to sell specific goods and the goods subsequently perish before the risk passes to a buyer, the agreement becomes

  1. void
  2. voidable
  3. illegal
  4. None of these
Question 3 Multiple Choice (Single Answer)

Which of the following are covered under the definition of goods?

  1. Food supplied by airlines to customers
  2. Claim for the prize of lottery tickets
  3. Old coins
  4. Current currency notes
Question 4 Multiple Choice (Single Answer)

When goods are exchanged for goods, it is a contract of

  1. sale
  2. agreement to sell
  3. pledge
  4. barter
Question 5 Multiple Choice (Single Answer)

Which of the following is/are not contingent goods?

  1. Crops likely to grow in the field (if they grow)
  2. Supply of goods via a ship (if they reach safely)
  3. Eggs laid by the hens (if any)
  4. Paintings to be painted by painter.
Question 6 Multiple Choice (Single Answer)

A contract of bailment is different from sale as it involves

  1. transfer of ownership and possession
  2. transfer of ownership only
  3. transfer of possession only
  4. None of these
Question 7 Multiple Choice (Single Answer)

When the goods are sold by sample as well as by description, the implied condition is that the bulk of the goods supplied must correspond with the

  1. sample only
  2. description only
  3. sample and the description both
  4. sample, the description and the fair price
Question 8 Multiple Choice (Single Answer)

The delivery of wrong quantity includes delivery of goods

  1. in quantity less than contracted
  2. in quantity more than contracted
  3. contracted to sell mixed with other goods
  4. All of the above
Question 9 Multiple Choice (Single Answer)

In case the goods correspond with the sample, but do not tally with the description, then a buyer has the right to

  1. repudiate the contract
  2. sue for damages caused to him
  3. declare the contract as illegal
  4. declare the contract as void
Question 10 Multiple Choice (Single Answer)

The right of lien is exercised by an unpaid seller when the goods are in possession of the

  1. buyer
  2. seller
  3. carrier who is the buyer’s agent
  4. buyer’s agent
Question 11 Multiple Choice (Single Answer)

Section 27 of the Sale of Goods Act, 1930 provides for transfer of

  1. title to goods
  2. authority in goods
  3. interest in goods
  4. risk in goods
Question 12 Multiple Choice (Single Answer)

An unpaid seller has the right of stoppage of goods in transit when

  1. a seller wishes not to deliver the goods to a buyer
  2. a buyer has refused to make payment
  3. a buyer has become insolvent
  4. All of the above
Question 13 Multiple Choice (Single Answer)

All of the following are the remedies for consequence of breach in warranty, except

  1. claim for damages
  2. extinction of price
  3. repudiation of contract
  4. insolvency of a buyer
Question 14 Multiple Choice (Single Answer)

It is the duty of a _________ to apply for the delivery of goods.

  1. buyer
  2. seller
  3. banker
  4. third party