Sale of Goods Act Test - 2

Test your knowledge of the Sale of Goods Act, 1930 including delivery types, seller and buyer rights, implied conditions, auction sales, and related commercial law concepts.

15 Questions Published

Questions

Question 1 Multiple Choice (Single Answer)

The delivery of goods, in case of transit, made by handing over the documents of title to goods is

  1. actual delivery
  2. constructive delivery
  3. symbolic delivery
  4. All of the above
Question 2 Multiple Choice (Single Answer)

The necessary condition for existing goods is that

  1. they should be in existence at the contract of sale
  2. they should be owned or possessed by a seller
  3. Both (1) and (2)
  4. None of these
Question 3 Multiple Choice (Single Answer)

A seller means a person who

  1. sells goods
  2. agrees to sell goods
  3. sells or agrees to sell goods
  4. has sold goods
Question 4 Multiple Choice (Single Answer)

When in an auction sale, a seller appoints more than one bidder, the sale is

  1. void
  2. illegal
  3. conditional
  4. voidable
Question 5 Multiple Choice (Single Answer)

Which of the following is not true in case of a finder of goods?

  1. He can sell the goods if the owner cannot be found.
  2. He can refuse to pay lawful charges if the owner is found.
  3. He can sell the goods if the goods are of perishing nature.
  4. He cannot sell the goods in any condition.
Question 6 Multiple Choice (Single Answer)

Goods are said to be in a deliverable state when

  1. a buyer may take delivery of them
  2. a buyer would, under a contract, be bound to take delivery of them
  3. a seller is in a position to deliver them
  4. All of the above
Question 7 Multiple Choice (Single Answer)

Which of the following conditions is/are implied in a contract of sale of goods, unless the circumstances of the contract show a different intention?

  1. Condition as to title
  2. Sale by description
  3. Sale by sample
  4. All of the above
Question 8 Multiple Choice (Single Answer)

Under which of the following circumstances can an unpaid seller exercise the right of resale?

  1. When the goods are of perishable nature
  2. When he gives notice to the buyer
  3. When he gives a notice to the buyer of his intention to resale and the buyer does not, within a reasonable time, pay the price
  4. Both (1) and (2)
Question 9 Multiple Choice (Single Answer)

If a buyer rejects a whole quantity of goods due to short delivery or excess delivery, then the contract is treated as

  1. subsisting
  2. cancelled
  3. void
  4. invalid
Question 10 Multiple Choice (Single Answer)

Legally, a contract of sale includes

  1. sale
  2. agreement to sell
  3. barter
  4. Both (1) and (2)
Question 11 Multiple Choice (Single Answer)

Which of the following is not a type of delivery?

  1. Actual
  2. Symbolic
  3. Constructive
  4. Perpetual
Question 12 Multiple Choice (Single Answer)

Caveat emptor means

  1. meeting of minds
  2. no one can give something, which he does not possess
  3. let the seller beware
  4. let the buyer beware
Question 13 Multiple Choice (Single Answer)

The rights of an unpaid seller include

  1. right against the goods
  2. right of stoppage in transit
  3. right of resale
  4. All of the above
Question 14 Multiple Choice (Single Answer)

A person who finds goods belonging to another person and takes them into his custody

  1. becomes the owner of those goods thereafter
  2. is subject to the same responsibility as a bailee
  3. is allowed to sell them and retain the money realised from such sale
  4. has no obligation to return those goods; he may do so only as a good gesture
Question 15 Multiple Choice (Single Answer)

The Sale of Goods Act, 1930 came into force on

  1. 1st July, 1930
  2. 1st October, 1930
  3. 1st April, 1930
  4. 1st June, 1930