Sale Of Goods Act - Study Mode

[#111] The rule of 'caveat emptor' as enunciated in section 16 of the Sale of Goods Act, 1930, means that
Correct Answer

(B) The buyer must take care

[#112] The Fixed Deposit Receipts (FDRs) are goods within the meaning of section 176 of the Indian Contract Act, 1872 and section 2(7) of the Sale of Goods Act, 1930. The statement is
Correct Answer

(D) True

[#113] According to Sale of Goods Act, 1930, 'seller' means a person:
Correct Answer

(C) Who sells or agrees to sell

[#114] Right of lien of the unpaid seller against the goods, under section 47 of the Sale of Goods Act, 1930, is subject to
Correct Answer

(A) The other provision of the Sale of Goods Act, 1930

[#115] Price' under the Sale of Goods Act, 1930, means
Correct Answer

(A) Consideration in money