Sale Of Goods Act - Practice Test

[#166] Under section 8 of the Sale of Goods Act, 1930, the contract becomes

(A) Void ab initio

(B) Avoided from the date of perishing of goods

(C) Avoided from the date of knowledge of goods having been perished

(D) Only (A) and not (B) or (C)

Correct Answer

(B) Avoided from the date of perishing of goods

[#167] Choose the most appropriate option out of the following in respect to return of rejected goods by the buyer:

(A) Buyer is not bound to return any type of rejected goods, having right to do so, if he intimates to the seller that he refuses to accept the same

(B) Buyer is bound to return all types of rejected goods

(C) Buyer is bound to return only those rejected goods which are perishable

(D) Buyer is bound to return only those rejected goods which are sold by description

Correct Answer

(A) Buyer is not bound to return any type of rejected goods, having right to do so, if he intimates to the seller that he refuses to accept the same

[#168] When is the sale by mercantile agent who is in the possession of the goods or documents of the title to the goods not valid:

(A) When the mercantile agent acts in the ordinary course of business

(B) When the buyer is acting in good faith and

(C) When the buyer acts in good faith and has notice that the seller has no authority to sell at the time of the contract of sale

(D) When the owner has expressly authorised the act

Correct Answer

(C) When the buyer acts in good faith and has notice that the seller has no authority to sell at the time of the contract of sale

[#169] The essence of sale of goods lies in:

(A) Transfer of possession from buyer to seller

(B) Acquisition of possession by the buyer from the seller

(C) Transfer of property in goods from seller to buyer

(D) Payment of money or exchange of some articles

Correct Answer

(C) Transfer of property in goods from seller to buyer

[#170] The effect of sub-sale or pledge by the buyer of the goods on the rights of the unpaid seller has been discussed under

(A) Section 52 of the Sale of Goods Act, 1930

(B) Section 53 of the Sale of Goods Act, 1930

(C) Section 54 of the Sale of Goods Act, 1930

(D) Section 51 of the Sale of Goods Act, 1930

Correct Answer

(B) Section 53 of the Sale of Goods Act, 1930

Sale Of Goods Act - Study Mode

[#166] Under section 8 of the Sale of Goods Act, 1930, the contract becomes

Correct Answer

[#167] Choose the most appropriate option out of the following in respect to return of rejected goods by the buyer:

Correct Answer

[#168] When is the sale by mercantile agent who is in the possession of the goods or documents of the title to the goods not valid:

Correct Answer

[#169] The essence of sale of goods lies in:

Correct Answer

[#170] The effect of sub-sale or pledge by the buyer of the goods on the rights of the unpaid seller has been discussed under

Correct Answer