Sale of Goods Act, 1930: caveat emptor, rights of seller and buyer - One Line Questions
1.
Which of the following situations would NOT be covered by the implied condition of merchantable quality? —
A buyer purchases a tool and it functions adequately for its intended common use, despite a minor cosmetic flaw.
2.
The Sale of Goods Act, 1930, specifies that the buyer must have a reasonable opportunity of examining the goods for the purpose of ascertaining whether they are in conformity with the contract. This opportunity is: —
A condition precedent to the acceptance of goods.
3.
When goods are sold by description, and the goods delivered do not match the description, the buyer has the right to: —
Reject the goods and claim damages.
4.
If a seller delivers a larger quantity of goods than ordered, the buyer may: —
All of the above, depending on the circumstances.
5.
The buyer's right to examine the goods before acceptance is: —
An absolute right, irrespective of the contract terms.
6.
The right of stoppage in transit can be exercised by the unpaid seller: —
Before the goods are delivered to the buyer.
7.
Under the Sale of Goods Act, 1930, the buyer's right to repudiate the contract is generally available for: —
Breach of condition.
8.
What is the main consequence of the seller's breach of the implied condition of title? —
Buyer can reject the goods and claim damages.
9.
In case of a breach of warranty by the seller, the buyer: —
Cannot reject the goods, but can sue for damages.
10.
If a contract for the sale of goods contains a condition, its breach entitles the aggrieved party to: —
Repudiate the contract and claim damages.
11.
The right of the buyer to examine the goods is a crucial aspect of ensuring: —
All of the above.
12.
When does the buyer's right to repudiate the contract arise under the Sale of Goods Act, 1930? —
For breach of condition.
13.
The principle of 'caveat emptor' is best described as a defence for the seller against: —
Latent defects not discoverable by reasonable diligence.
14.
For the right of stoppage in transit to be exercised, the goods must be: —
In the course of transit between the seller and the buyer.
15.
Under the Sale of Goods Act, 1930, the doctrine of 'caveat emptor' is generally applicable, meaning: —
Let the buyer beware.
16.
If an unpaid seller resells the goods, and the resale price is higher than the original contract price, the seller: —
Can retain the surplus.
17.
What is the primary remedy for the buyer if the seller delivers goods of inferior quality, contrary to an express warranty? —
Sue for damages for breach of warranty.
18.
The buyer's right to sue for damages for breach of warranty is a right to: —
Recover the difference between the value of the goods as accepted and the value they would have had if they had fulfilled the warranty.
19.
Which of the following is a right available to an unpaid seller when the property in the goods has passed to the buyer, but the price has not been paid? —
All of the above
20.
What is the buyer's primary right when the seller commits a breach of contract regarding the quality of goods? —
Right to reject the goods and claim damages.
21.
Which of the following is a right of the buyer under the Sale of Goods Act, 1930? —
All of the above.
22.
Which section of the Sale of Goods Act, 1930, primarily deals with the implied condition as to the quality or fitness of goods? —
Section 16
23.
Which of the following is a form of constructive delivery that terminates the seller's right of lien? —
Seller giving a key to a warehouse where goods are stored.
24.
If a buyer purchases goods without inspecting them, relying solely on the seller's description, and the goods turn out to be defective, the principle of 'caveat emptor' will generally: —
Be modified by the implied condition of merchantable quality.
25.
If a buyer accepts goods that are not of merchantable quality, and the defect was not discoverable upon reasonable examination, the buyer can: —
Only claim damages for breach of warranty.
26.
The Sale of Goods Act, 1930, implies a condition that the seller has a right to sell the goods. If this condition is breached, the buyer can: —
Reject the goods and claim damages.
27.
If a buyer wrongfully refuses to accept and pay for the goods, the seller's remedy is to: —
Sue for damages for non-acceptance.
28.
If goods are sold by auction, the doctrine of 'caveat emptor' generally applies, but an exception exists if: —
The auctioneer makes a false statement about the goods.
29.
What happens if the buyer accepts goods that do not conform to the contract, and the seller has committed a breach of condition? —
The breach of condition is treated as a breach of warranty.
30.
The implied condition of fitness for a particular purpose is excluded under Section 16(2) of the Sale of Goods Act, 1930, if: —
The buyer examines the goods and the defect should have been revealed by the examination.
31.
The right of stoppage in transit is available to an unpaid seller when: —
The buyer has become insolvent.
32.
The right of resale by an unpaid seller is available only when: —
The seller has a right of lien or stoppage in transit and has given notice to the buyer of his intention to resell.
33.
If a buyer purchases goods under a patent defect, 'caveat emptor' will apply unless: —
The seller expressly warranted the goods.
34.
An unpaid seller can exercise the right of resale under certain conditions. Which of the following is a key condition for resale? —
The seller must have exercised the right of lien or stoppage in transit.
35.
Which of the following conditions must be met for an unpaid seller to exercise the right of stoppage in transit? —
The seller must have delivered the goods to a carrier for transmission to the buyer, and the buyer has not yet received them.
36.
The right of 'stoppage in transit' ends when: —
The carrier acknowledges holding the goods on behalf of the buyer.
37.
The implied condition that the goods shall be of 'merchantable quality' means: —
The goods are fit for the ordinary purpose for which such goods are used.
38.
If a seller sells goods by description, there is an implied condition that: —
The goods will correspond with the description.
39.
The doctrine of 'caveat venditor' (let the seller beware) is generally: —
An exception to 'caveat emptor' in specific circumstances.
40.
Which of the following is NOT a condition for the seller to be considered an 'unpaid seller' under the Act? —
The seller has obtained a decree for the price of the goods.
41.
What is the primary right of a seller of goods under the Sale of Goods Act, 1930, when the property in the goods has passed to the buyer? —
The right to sue the buyer for damages for non-acceptance.
42.
The buyer's right to sue for damages for non-delivery of goods arises when: —
The seller fails to deliver the goods as per the contract.
43.
What is the fundamental principle of 'caveat emptor' in the context of the Sale of Goods Act, 1930? —
The buyer must exercise reasonable care and skill to inspect the goods before purchase.
44.
Under the Sale of Goods Act, 1930, an unpaid seller's right of lien is terminated if: —
The buyer obtains possession of the goods.
45.
The buyer's right to reject goods arises when: —
The seller delivers fewer or more goods than contracted.
46.
If a seller sells goods with a trade mark, there is an implied condition that: —
The trade mark is genuine and not counterfeit.
47.
If a seller sells goods as 'approximately 100 kg', and the actual weight is significantly less, the buyer's remedy is typically: —
To accept the goods and claim damages for the deficit.
48.
When is the implied condition of 'fitness for a particular purpose' applicable? —
When the buyer relies on the seller's skill or judgment, and the seller is a dealer in goods of that description.
49.
The doctrine of 'caveat emptor' is subject to certain exceptions under the Sale of Goods Act, 1930. Which of the following is NOT an exception? —
Where the buyer expressly waives the right to inspect the goods.
50.
An unpaid seller's right of lien under the Sale of Goods Act, 1930, allows them to: —
Withhold delivery of the goods.