Sale Of Goods Act - Study Mode
[#331] In a sale of goods by auction, as soon as the hammer falls, the goods:
Correct Answer
(B) Become the property of buyer even if there is a condition that the goods shall not be removed before payment
[#332] Section 61 of the Sale of Goods Act, 1930, provides for
Correct Answer
(D) Award of interest to the seller or the buyer
[#333] Under section 12(4) of the Sale of Goods Act, 1930, while determining whether a stipulation in a contract of sale, is a condition or warranty
Correct Answer
(B) The real effect of the stipulation is conclusive
[#334] Where the price of the goods under a contract of sale is to be fixed by the valuation of a third party who fails to fix the valuation, but goods are supplied to the buyer, under Section 10 of the Sale of Goods Act, 1930, the buyer is
Correct Answer
(A) Liable to pay the reasonable price of the goods
[#335] In Sale of Goods Act several provisions of the Indian Contract Act have been retained
Correct Answer
(D) To meet special conditions existing in India regarding sale of goods