Practice Test

Q1) The unpaid seller has right of stoppage of goods in transit only where the buyer Show Answer

Q2) An unpaid seller is having rights against Show Answer

Q3) Under which of the following circumstances unpaid seller loses his right of lien Show Answer

Q4) When the unpaid seller has parted with the goods to a carrier & the buyer has become insolvent he can exercise Show Answer

Q5) The essence of a right of lien is to---------- Show Answer

Q6) Which of the following right can be exercised by an unpaid seller against the buyer , who is not insolvent Show Answer

Q7) Which of the following is a buyer's right against the seller in the case of breach of contract ? Show Answer

Q8) An auction sale is completed on the Show Answer

Q9) Seller has right of resale where Show Answer

Q10) Under which circumstances(s),can the right of stoppage be exercised by the unpaid seller ? Show Answer

Q11) Under which circumstances the unpaid seller can exercise right of re-sale Show Answer

Q12) Where the seller wrongfully neglects to deliver the goods to the buyer , the buyer Show Answer

Q13) Where the buyer is deprived to goods by their true owner ,then the buyer Show Answer

Q14) Where the buyer wrongfully neglects or refuses to accept & pay for the goods Show Answer

Q15) In an auction sale if the seller makes use of pretended bidding to raise the price ,then the sale is Show Answer

Q16) In which of the following cases, the unpaid seller loses his right of lien? Show Answer

Q17) The bidder at an auction sale can withdrawn his bid Show Answer

Q18) Where in an auction sale ,the seller appoints more than one bidder, the sale is Show Answer

Q19) Where in an auction sale notified with reserve price ,the auctioneer mistakenly knocks down the goods for the less than the reserve price ,then the auctioneer is Show Answer

Q20) A seller is unpaid when 1. The whole of the price have not been tendered , 2. A negotiable instrument given has been dishonoured , 3. A bill of exchange given was dishonoured , 4. only a part of the price has only been paid. Show Answer

Q21) Which of the following is the Right of unpaid seller 1.Right to re-sale , 2.Right to stop the goods in transit , 3. Right to lien , 4.Right to demand back the goods Show Answer

Q22) Goods sold on the fall of hammer Show Answer

Q23) Right against goods Show Answer

Q24) Right against buyer Show Answer

Q25) Right of lien Show Answer

Q26) Right of resale Show Answer

Q27) A mercantile agent includes Show Answer

Q28) An unpaid seller means a seller Show Answer

Q29) An unpaid seller of goods has Show Answer

Q30) The unpaid seller of goods in possession of them is entitled to retain possession of them is entitled to retain possession until payment of the price Show Answer

Q31) where the unpaid seller has made part delivery of the goods Show Answer

Q32) the unpaid seller of goods losses his lien Show Answer

Q33) an unpaid seller Show Answer

Q34) A sold some goods to W for Rs.10,000 .W paid Rs.5,000 .A is Show Answer

Q35) An unpaid seller is a person who has not been paid Show Answer

Q36) An unpaid seller of the goods shall exercise his right of lien Show Answer

Q37) An unpaid seller loses his rights of lien in case of Show Answer

Q38) An unpaid seller has a rights of stoppage in transit Show Answer

Q39) in case of stoppage in transit the seller may Show Answer

Q40) In case of stoppage in transit , goods are deemed to be in course of transit Show Answer

Q41) Transit of goods ends Show Answer

Q42) Right of stoppage in transit can be exercised Show Answer

Q43) A contract of sale Show Answer

Q44) Right of lien means Show Answer

Q45) Right of an unpaid seller includes Show Answer

Q46) A seller is deemed to be an unpaid seller Show Answer

Q47) On resale by an unpaid seller, the buyer acquires Show Answer

Q48) An unpaid seller can exercise the right of stoppage Show Answer

Q49) The unpaid seller's rights of lien is lost Show Answer

Q50) Where the seller refuses to deliver the goods Show Answer

Q51) The buyer is entitled to reject the goods Show Answer

Q52) When one party repudiates the contract before the date of delivery, the other party to the contract Show Answer

Q53) In case of sale by auction Show Answer

Q54) In an auction ,sale is complete Show Answer

Q55) Any bidder may retracts his bids Show Answer

Q56) A right to bid may be reserved expressly Show Answer

Q57) Where a right is expressly reserved Show Answer

Q58) It shall not be lawful for the seller to bid himself at an auction Show Answer

Q59) An auction sale may be notified to be Show Answer

Q60) in an auction sale, if the seller makes pretended bidding to raise the price Show Answer

Q61) in an auction sale, sale a seller may reserve his right to bid Show Answer

Q62) An auction sale means Show Answer

Q63) In an auction sale ,when the seller appoints any bidder ,the auction is Show Answer

Q64) Goods-in-transit can be stopped for Show Answer

Q65) The right of lien exercised by an unpaid seller is to Show Answer

Q66) If goods are sent by sea-route ,the seller______ give notice to buyer so as to enable him to insure the goods during transit Show Answer

Q67) In the case of sale by the auction ,the seller of goods has a right to bid at the auction Show Answer

Q68) The seller of goods is deemed to be an unpaid seller when the ___of the price has not been paid or tendered Show Answer

Q69) In case of ________ the sale may be noticed to be subject to a reserve or upset price Show Answer

Q70) In the context of rights of an unpaid seller,quasi-lien means Show Answer

Q71) Event if a substantial portion of the price is paid & only a small balance is pending ,the seller is still regarded as an unpaid seller Show Answer

Q72) In which of the following cases ,the unpaid seller loses his rights of lien ? Show Answer

Q73) In case of re-sale by an unpaid seller ,the subsequent buyer acquires goods title thereof as against the original buyer, despite the fact that no notice of re-sale has been given by the seller to the original buyer Show Answer

Q74) Jay sells & sells consigns certain goods to Sam for cash & sends the railway receipt to him. Sam becomes insolvent & while the goods are intransit,he assigns the railway receipt to naveen ,who does not know that railway to Naveen ,who does not know that Sam is insolvent .in this case ,Jay Show Answer

Q75) The lien of an unpaid seller depends on Show Answer

Q76) In an auction sale the property shall be sold to the Show Answer

Q77) Unpaid seller can exercise his rights of withholding delivery of goods Show Answer

Q78) An unpaid seller can exercise his right of lien Show Answer

Q79) The right of lien can be exercised by the unpaid seller in respect of Show Answer

Q80) The seller loses all right as an unpaid seller when Show Answer

Q81) The seller of goods is unpaid seller when a cheque has been received but Show Answer

Q82) Right of lien and right of stoppage in transit ________. Show Answer

Q83) An unpaid seller can resell only when he is in possession of goods either by Show Answer

Q84) In case of re sale of goods if there is a loss, then the seller Show Answer

Q85) The seller can resell the goods if the seller Show Answer

Q86) Which of the following is correct ? Show Answer

Q87) Which of these is/are the rights of an unpaid seller against the buyer ? Show Answer

Q88) In absence of contract to the contrary, the rate of interest t to be awarded is Show Answer

Q89) Suit for specific performance is awarded by Show Answer

Q90) An advertisement to sell the goods by auction is Show Answer

Q91) ________ is the lowest price below which the auctioneer will not sell the goods in auction Show Answer

Q92) On the completion of sale by the fall of the hammer, the ownership of the goods is Show Answer

Q93) When the buyer joint hands to eliminate the competition it is called Show Answer

Q94) ________ includes pointing out defects in the goods. Show Answer

Q95) The auctioneer is the _____ of the owner of the goods Show Answer

Q96) ______ is a public sale where different intending buyers assemble and try to outbid each other. Show Answer

Q97) Every bid is an _____ Show Answer

Q98) Even is 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

Q99) When the buyer becomes insolvent, the seller cannot retain possession over the goods Show Answer

Q100) When the goods have been sold on credit and the credit period ___ lien can be exercised Show Answer

Q101) Specific performance of a contract of sale of goods can be sought in cases where the goods are Show Answer

Q102) In case of interest by way of damages in a suit by he seller u/s 61 the interest may be calculated from Show Answer