Practice Test

Q1) The Sale of Goods Act, 1930 extends to the Show Answer

Q2) The Sale of Goods Act came into force with effect from Show Answer

Q3) According to Section 4, a contract of sale of goods is a contract whereby the seller ____. Show Answer

Q4) "Contract of Sale" includes Show Answer

Q5) In "Sale", the seller transfers the ________ of the goods to the buyer. Show Answer

Q6) In an agreement to sell where the ownership of goods is to be transferred Show Answer

Q7) Essential of contract of sale of goods Show Answer

Q8) The subject matter of contract of sale must be some Show Answer

Q9) Where the goods are exchanged for goods it is Show Answer

Q10) All essential elements of a valid contract must not be present in a contract of sale Show Answer

Q11) X contract to sell 100 mobiles to Y for Rs.3,500 per mobile. This is contract of Show Answer

Q12) X contract to sell 100 mobiles to Y, if Y gives 100 calculators for Rs.3,000 per mobile. This is contract of Show Answer

Q13) X contract to sell 100 mobiles to Y, if Y gives 700 calculators . This is Show Answer

Q14) As per Section 2(1): Buyer means a person who ______goods. Show Answer

Q15) As per Section 2(13): Seller means a person who ______goods. Show Answer

Q16) ______ the property in the goods sold passes to the buyer at the time of contract Show Answer

Q17) ______the ownership does not pass to the buyer at the time of the contract, but it passes only when it becomes sale on the expiry of certain time or the fulfillment of some conditions subject to which the property in the goods is to be transferred Show Answer

Q18) An agreement to sell is an Show Answer

Q19) A sale is an Show Answer

Q20) If there is an agreement to sell and the goods are destroyed by accident, the loss falls on the _____ Show Answer

Q21) In a sale, the loss falls on the ______ even though the goods are with the seller Show Answer

Q22) If there is an agreement to sell and the seller commits a breach, the buyer Show Answer

Q23) In an agreement to sell, the property in goods is transferred in Show Answer

Q24) In sale ,the property in goods is transferred in Show Answer

Q25) Repairs of a car and supply of spare parts required for such repairs is Show Answer

Q26) ______ is a contract for executing certain work and involves exercise of skill Show Answer

Q27) ______ involves transfer of some material and exercise of skill and labour in goods belonging to other person Show Answer

Q28) ________ is a contract in which goods are delivered and the price is allowed to be paid in installements on the condition that the property (ownership) in goods will be passed only on the payment of all the instrallments Show Answer

Q29) The subject matter of contract of sale is essentially Show Answer

Q30) The term "Goods" under The Sale of Goods Act ,1930 covers Show Answer

Q31) Goods means every kind of movable property other than Show Answer

Q32) Goods includes Show Answer

Q33) Goods includes Show Answer

Q34) Goods includes Show Answer

Q35) _____are those goods which are owned and possessed by seller at the time of contract of sale. Show Answer

Q36) Goods which are identified and agreed upon at the time the contract of sale is made are Show Answer

Q37) Goods which are not identified and agreed upon at the time the contract of sale are Show Answer

Q38) Goods which are ascertained subsequent to formation of contract of sale are Show Answer

Q39) Goods which are not possessed by seller at the time of contract of sale but will be manufactured or produced or acquired by the seller, after the contract of sale are known as Show Answer

Q40) In case of future goods, the contract operates as ____ the goods Show Answer

Q41) When acquisition of the goods depends upon happening or non-happening of future uncertain event such goods are known as Show Answer

Q42) X, a fisherman agrees to sell fish to Y that may be caught in sea.Getting fish in sea is uncertain future event. Here fish is______ Show Answer

Q43) If a merchant agrees to supply a radio set from his stock of radio sets, it is a contract of sale of ______ because it is not known which set will be delivered Show Answer

Q44) A agrees to sell all the mangoes which will be produced in this garden next season. This is an agreement for sale of ____ Show Answer

Q45) Where there is a contract for sale of specific goods ,the contract is void if the goods, without_____have at the time when the contract was made ,perished or the become so damaged as no longer to answer to their description in the contract Show Answer

Q46) Where there is a contract for sale of specific goods, the goods without the knowledge of the seller have, at the time of making the contract perished or become so damaged as no longer to answer to their description in the contract, the contract is __________ Show Answer

Q47) Where there is a contract for sale of specific goods ,the contract is void if the goods,without the knowledge of seller have, at he time when the contract was made__________ Show Answer

Q48) X agrees to sell mangoes to Y.The mangoes are perished at the time of contract. X had no knowlwdge that mangoes are perished. The Contract is ______ Show Answer

Q49) Where there is an agreement to sell specific goods, and subsequently the goods without any fault of any party perish or are so damaged as no longer to answer to their description in the agreement before the risk passes to the buyer, the agreement is thereby Show Answer

Q50) Section 8 makes agreements void where the goods without any fault of the seller or buyer have, perished or becomes so damaged as so longer to answer to their description in the agreement, before passes to the buyer. Such goods must be_______ Show Answer

Q51) In a contract of sale, the price may be_______ Show Answer

Q52) In a contract of sale, the price may be_______ Show Answer

Q53) Where the contract states that the price is to be fixed by a third-party and such third-party fails to do so, the contract is void Show Answer

Q54) Where nothing is said by the parties regarding price, the buyer must pay a ________ Show Answer

Q55) Before a contract of sale is concluded, certain statements are made by the parties to each other.The statement may amount to a stipulation. The stipulation may either be a Show Answer

Q56) A stipulation in a contract of sale with reference to goods may be a Show Answer

Q57) Condition or warranty in a contract of sale, constitute stipulation with reference to Show Answer

Q58) Under the sale of goods Act, a condition is a stipulation essential for the ______of the contract. Show Answer

Q59) A "Warranty" under the sale of Goods Act, has been defined as a stipulation_______ Show Answer

Q60) A condition is a stipulation______to the main purpose of the contract Show Answer

Q61) Breach of condition gives rise to right to Show Answer

Q62) X places an order to Y for some Lorries to be used for heavy traffic in a hilly area.The Lorries supplied were unfit. There is a Breach of Show Answer

Q63) X sells car to Y and also promises to replace or repair some part, if any defect occur within 1 year. Stipulation to replace or repair some part is a Show Answer

Q64) Breach of warranty gives rise to_______ Show Answer

Q65) Breach of condition may be treated as a breach of warranty in certain situation. Show Answer

Q66) Breach of warranty can be treated as a breach of condition. Show Answer

Q67) A condition will become a warranty where the buyer waives the condition Show Answer

Q68) A condition will sink to the level of a warranty where the buyer treats the breach of condition as a breach of warranty. Show Answer

Q69) Where the contract is indivisible and the buyer has accepted the goods or part thereof, the breach of condition can only be treated as breach of warranty. The buyer can only claim damages and cannot reject the goods or treat the contract as repudiated Show Answer

Q70) In a contract of sale there is an implied condition on the part of the seller that_______ Show Answer

Q71) X brought a bike from Y. Y had no title to the bike.He has stolen bike from Z. X had to hand over it true owner, Z. There is breach of implied___ Show Answer

Q72) X brought a bike from Y. Y had no title to the bike.He has stolen bike from Z. X had to hand over it true owner, Z. There is breach of implied condition as to title from Y and X can ___ Show Answer

Q73) Where there is a contract for sale of goods by Description, there is an implied _____ that the goods shall correspond with the description. Show Answer

Q74) A told B that he was a buyer of good old rice. B showed a sample of good new rice to A without saying anything. A took it to mean that the rice shown was old rice and agreed to buy 200kg. There is breach of implied_____ Show Answer

Q75) If the sale is by sample as well as by description, the bulk of goods should correspond with _______ Show Answer

Q76) Even if the buyer has seen the goods, the goods must be in accordance with the description. Show Answer

Q77) N agreed to sell oil described as "pure ghee, warranted only equal to sample". The goods tendered were equal to sample, but contained mixture of groundnut oil. The buyer could reject the goods as goods are not as per description. There is breach of implied______ Show Answer

Q78) Generally, there is no implied condition as to quality of fitness of goods for any particular purpose. It is the duty of the buyer to thoroughly examine the goods before he buys. If he makes wrong choice, he cannot blame seller for the reason that goods are not fit for particular purpose. Show Answer

Q79) Implied condition as to quality or fitness does not apply _____ Show Answer

Q80) A purchased a hot water bottle from a chemist. The bottle burst and injured his wife. There is breach of ______ Show Answer

Q81) In a contract of sale, ordinarily there is _______as to the quality or fitness for any purpose of goods. Show Answer

Q82) Where goods are bought by description from a seller who deals in goods of that description,there is an implied condition that the goods shall be of merchantable quality Show Answer

Q83) G' a doctor purchased woolen underpants from 'M' a retailer whose business was to sell goods of that description. After wearing the underpants, 'G' developed some skin diseases. The goods were not fit for their only use and 'G' was entitled to____ Show Answer

Q84) In case of sale of goods by sample, there is an implied condition that ______ shall correspond with the sample. Show Answer

Q85) In the case of a contract for sale by sample there is an implied condition that___________ Show Answer

Q86) In a contract of sale, there is an implied warranty that the buyer shall have and enjoyed quiet possession of the goods Show Answer

Q87) In a contract of sale, there is an implied warranty that the goods shall be free from any charge or encumbrance in favour of any third party not declared or known to the buyer before or at the time when the contract is made. Show Answer

Q88) An implied warranty or condition as to quality or fitness for particular goods may not be annexed by usage of trade and customs Show Answer

Q89) If goods are of hazardous or dangerous nature, seller need not to disclose this fact to buyer Show Answer

Q90) The principle of "Caveat Emptor" as found in the Sale of Goods Act, means that the Show Answer

Q91) The general rule is that the buyer of goods must keep his eyes open, his mind active,and be cautious while buying the goods.The doctrine is called Show Answer

Q92) Caveat Emptor means Show Answer

Q93) As per doctrine of Caveat emptor, it is the duty of the buyer to thoroughly examine the goods or to make known to seller the purpose for which goods are required, before he buys. If he makes wrong choice, he cannot blame seller. Show Answer

Q94) The doctrine of caveat emptor will Not applicable____ Show Answer

Q95) The general rule is that follows the ownership, whether the delivery has been made or not. Show Answer

Q96) Where there is a contract for the sale of unascertained goods, no property in the goods is transferred to the buyer unless and until the goods are ________ Show Answer

Q97) Where there is a contract for the sale of specific or ascertained goods the property in them is transferred to the buyer _____. Show Answer

Q98) In case of ______ goods, property passes to the buyer, only when the goods are ascertained Show Answer

Q99) The property in goods in a contract for sale of specific or ascertained goods, passes to the buyer Show Answer

Q100) Where there is an unconditional contract for the sale of specific goods in a deliverable state, the property in the goods passes to the buyer when ______. Show Answer

Q101) Where there is a contract for the sale of unascertained goods the property In goods _______ Show Answer

Q102) As per Section 20, in an unconditional contract for sale of _______the property passes to the buyer at the time when contract is made. Show Answer

Q103) In a contract for sale of specific goods to be put in deliverable state, the property in goods passes to the buyer when _______. Show Answer

Q104) Where there is a contract for the sale of specific goods in a deliverable state, but the seller is bound to weigh, measure, test or do some other act or thing with reference to the goods for the purpose of ascertaining the price, the property does not pass until Show Answer

Q105) A certain quantity of oil was bought. The oil was to be filed into barrels by the seller and then taken away by buyer. Some barrels were filed in the presence of the buyer but before the remainders could be filled a fire broke out the entire quantity of oil was destroyed. State the liabilities of buyer and seller Show Answer

Q106) The general rule is that goods remain at the seller's risk until the ownweship is transferred to the buyer Show Answer

Q107) When the property therein is transferred to the buyer, the goods are at the buyer's risk whether delivery has been made or not Show Answer

Q108) _____means "No one can give a better title to the goods than what he himself has" Show Answer

Q109) Only a true owner can transfer to another person, valid title over the goods. A seller who does not have ownership cannot confer the same upon the buyer Show Answer

Q110) The latin maxim "Nemo Dat Quod Non Habet" means______ Show Answer

Q111) Where the owner of goods, by his act or omission, leads the buyer to believe that the seller has the authority to sell, the buyer gets a better title than that of the seller.This is based on the principle of Show Answer

Q112) In case of sale by Merchantile Agent, in order to give good title to buyer, the agent should be in the possession of the goods or document of title thereof , with the consent of Show Answer

Q113) F handed over his car to H, his agent, for sale at an amount not less than Rs.1500 to K, who bought in good fait hand without knowledge of any fraud. H misappropriated the money. Here ________. Show Answer

Q114) One of the joint owners of goods can pass a valid title to the buyer, where he is in sole possession of the goods_______ Show Answer

Q115) Which of the following is/are exception to the rule "Nemo dat quod non habet"? Show Answer

Q116) J, K & L jointly own a machine. With the consent of J and L, K is in possession of the machine, which he sells to P who buys it in good faith and without notice that K had no authority to sell. Here __________ Show Answer

Q117) A obtains a necklace from B, a jeweller, by playing fraud upon him.This contract is voidable at the option of B. But before B could terminate the contract, A sells the necklace to C who buys it in good faith and without notice of A's defective title Show Answer

Q118) Seller in possession of goods after sale cannot pass on good and valid title even if subsequent transferee receives the goods in good faith and for consideration Show Answer

Q119) Where an unpaid seller who has exercised his right of lien or stoppage in transit re-sells the goods , the buyer does not acquire a good title as against the original buyer Show Answer

Q120) The duty of the seller is to______ Show Answer

Q121) The duty of the buyer is to______ Show Answer

Q122) Delivery means ______ transfer of possession from one person to another Show Answer

Q123) Delivery of goods may be ______ Show Answer

Q124) When goods are physically handed over to ________ it is known as actual delivery Show Answer

Q125) When goods are physically handed over to buyer or his authorized agent it is known as _________ delivery. Show Answer

Q126) Where goods are bulky or heavy and it is not possible to hand over physically goods to buyer in such case delivery is made by handing over some symbol, which is known as_____ delivery. Show Answer

Q127) When the person in possession of goods acknowledges that he holds the goods on behalf of and the disposal of buyer, it is known as ______ delivery Show Answer

Q128) Delivering the key of the warehouse where the goods are stored is the example of ____ delivery Show Answer

Q129) Which of the following is constructive delivery ? Show Answer

Q130) It is the duty of the seller to deliver the goods and of the buyer to accept and pay for them, in accordance with the terms of the contract of sale Show Answer

Q131) It is the duty of the _____to apply for the delivery of the goods Show Answer

Q132) Unless otherwise agreed, the expense of and incidental to putting the goods into a deliverable state shall be borne by the _______ Show Answer

Q133) If there is short delivery___ Show Answer

Q134) If there is excess delivery ______ Show Answer

Q135) If there is mixed delivery with other goods_________ Show Answer

Q136) Acceptance of the goods by the buyer takes place when the buyer_______ Show Answer

Q137) Unless otherwise agreed, the buyer of goods is not bound to accept delivery thereof by instalments Show Answer

Q138) The seller of goods is deemed to be an unpaid seller _______ Show Answer

Q139) The seller of goods is deemed to be an unpaid seller when the ______ of the price has not been paid or tendered Show Answer

Q140) The seller of goods is deemed to be an unpaid seller when the ______ has been received as conditional payment and the condition has not been fulfilled, by way of dishonour or otherwise Show Answer

Q141) Even if a substantial portion of the price is paid and only a small balance is pending, the seller is still regarded as an unpaid seller Show Answer

Q142) An unpaid seller in possession of goods sold, may exercise his lien of the goods, i.e, keep the goods in his possession and refuse to deliver them to the buyer until the fulfilment or tender of the price in cases where _____ Show Answer

Q143) Once possession is lost, right of lien of the unpaid seller is also lost. This Statement is _____ Show Answer

Q144) An unpaid seller's right of lien is lost_______ Show Answer

Q145) When an unpaid seller stops the goods during the continuance of transit and regains the possession of goods, it is said that seller is exercising _________ Show Answer

Q146) When the buyer of goods becomes insolvent, the unpaid seller can exercise______ Show Answer

Q147) The right to stop goods is available to an unpaid seller_____ Show Answer

Q148) The transit comes to an end in the following cases ______ Show Answer

Q149) Right of stoppage in transit can be exercised by the unpaid seller, where the buyer Show Answer

Q150) Goods are deemed to be in transit from the time they are delivered to the carrier or other bailee for transmission to the buyer, until_______ Show Answer

Q151) Goods-in- transit can stopped for_______ Show Answer

Q152) Purpose of right of lien is _ possession of goods Show Answer

Q153) Purpose of right of stoppage of goods in transit is _____ possession of goods Show Answer

Q154) To exercise the unpaid seller's of stoppage in transit the seller should have lost his Show Answer

Q155) The unpaid seller may re-sell_____ Show Answer

Q156) The right of re-sale of goods, by an unpaid seller, can be exercised in respect of goods which are of a ________ Show Answer

Q157) In case of re-sale of goods by an unpaid seller, the original buyer is entitled to any profit which may occur in the resale _________ Show Answer

Q158) In case of re-sale of goods by notice to buyer, if re-sale price is less than contracted price seller can recover balance from buyer Show Answer

Q159) In case of re-sale of goods by notice to buyer, if re-sale price is more than contracted price seller is not bound to give extra to buyer Show Answer

Q160) ______is a public sale where bids are invited and goods are sold to highest bidder Show Answer

Q161) In the case of _____the sale may be notified to be subject to a reserve or upset price Show Answer

Q162) Auctioneer can accept bid Show Answer

Q163) In the case of sale by auction, where goods are put up for sale in lots, each lot is prima facie deemed to be the subject of a separate contract of sale Show Answer

Q164) Any bidder may withdraw his bid before the auctioneer announces its completion Show Answer

Q165) A right to bid may be reserved expressly by or on behalf of the seller. Where such right is expressly so reserved, the seller or any other person on his behalf may bid at the auction Show Answer

Q166) When the sale is not notified to be subject to a right to bid on behalf of seller, it shall not be lawful for the seller Show Answer

Q167) FOB means_____ Show Answer

Q168) Under an FOB contract, it is the duty of the _______to put the goods on board a ship at his own expenses Show Answer

Q169) Under an FOB contract, the property in goods passes to the buyer only after the goods have been put on board the ship, and they are at buyer's risk as soon as they are put on board the ship, usually named by the buyer Show Answer

Q170) ____ is a contract for the sale of insured goods lost or not lost to be implemented by transfer of proper documents. The seller not only bears all the expenses of putting the goods on board the ship as in an FOB contract, but also to bear the freight and insurance charges Show Answer

Q171) Consideration in a contract of sale should be
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Q172) X agrees to sale 100 bags of wheat to Y which are ready for delivery
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Q173) X, an artist, agrees to paint a picture of Y. Y supply canvas and other material. This is contract ___
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Q174) X gives gold biscuit to Y, a goldsmit, to make ornaments and deliver back to Y for Rs.2,000
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Q175) Implied condition as to quality or fitness does not apply if _____
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Q176) The doctrine of caveat emptor will Not applicable____
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Q177) In case of sale by person in possession under a voidable contract, the buyer acquires a good title when_______
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Q178) Buyer is not bound to return rejected goods, it is sufficient if the buyer ________
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Q179) The right to stop in transit may be exercised by the unpaid seller_____
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Q180) If the carrier/ baliee wrongfully refuses to deliver the goods to the buyer or his agent, the transit______
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