Sale of Goods Act 1930 - sale of goods, conditions and warranties, transfer of property, performance of contract of sale, rights of an unpaid seller - One Line Questions
1.
What is a 'condition' in a contract of sale? —
A stipulation essential to the main purpose of the contract, the breach of which may give rise to a right to treat the contract as repudiated.
2.
What is a 'warranty' in a contract of sale? —
A stipulation collateral to the main purpose of the contract, the breach of which gives rise to a claim for damages but not to a right to reject the goods.
3.
If the seller delivers fewer goods than ordered, the buyer may: —
Accept the goods delivered and pay for them at the contract rate.
4.
If the seller delivers more goods than ordered, the buyer may: —
Any of the above.
5.
Under the Act, 'delivery' means: —
Voluntary transfer of possession from one person to another.
6.
When is the buyer bound to accept goods when mixed with different goods? —
If the buyer accepts the whole consignment.
7.
When does the buyer's duty to accept and pay arise? —
As per terms of the contract.
8.
What is the general rule regarding the place of delivery? —
As per contract terms.
9.
If a condition is broken, the injured party can: —
Reject the goods and repudiate the contract.
10.
Under the Sale of Goods Act, 1930, which of the following is an implied condition? —
All of the above
11.
Under the Sale of Goods Act, 1930, 'goods' are defined to include: —
Every kind of movable property, excluding actionable claims and money.
12.
When does property pass in the case of unascertained goods? —
When the goods are ascertained and appropriated to the contract.
13.
What is the primary difference between a 'sale' and an 'agreement to sell' under the Act? —
In a sale, property passes immediately; in an agreement to sell, it passes later.
14.
The doctrine of 'caveat emptor' means: —
Let the buyer beware.
15.
Rule 1 of Section 20 states that in a sale of specific goods, property passes: —
When the contract is made.
16.
According to the Sale of Goods Act, 1930, a contract of sale includes which of the following? —
Both sale and agreement to sell
17.
If a warranty is broken, the injured party can: —
Claim damages only.
18.
Which of the following is NOT a right of an unpaid seller against the goods? —
Right to sue for damages
19.
Which of the following is a right of an unpaid seller against the buyer personally? —
Suit for price
20.
Which rule governs the transfer of property when goods are sent on approval or 'on sale or return'? —
Rule 4
21.
Which section deals with the implied condition as to merchantable quality? —
Section 16
22.
Which section deals with the implied condition relating to sale by description? —
Section 15
23.
The implied condition that the seller has the right to sell the goods is covered under which section of the Act? —
Section 14(a)
24.
Which section of the Sale of Goods Act, 1930 defines a 'contract of sale'? —
Section 4
25.
Which section deals with the rules as to delivery of goods? —
Section 31
26.
Which section deals with the buyer's duty to accept and pay for the goods? —
Section 31
27.
An unpaid seller is defined under which section of the Act? —
Section 45
28.
Which section deals with the buyer's right to sue for damages for non-delivery? —
Section 57
29.
Which section deals with the buyer's right to sue for specific performance? —
Section 56
30.
The rules regarding the transfer of property from seller to buyer are laid down in which part of the Act? —
Sections 18 to 25
31.
In case of breach of contract by the seller, the buyer can sue for: —
All of the above.
32.
The unpaid seller's right of lien is the right to: —
Retain possession of the goods until payment or tender of the price.
33.
An unpaid seller can sue the buyer for damages if the buyer wrongfully neglects or refuses to accept and pay for the goods. This is known as: —
Suit for damages
34.
In a sale by sample, which of the following is an implied condition? —
All of the above
35.
The implied condition that goods shall be of merchantable quality applies when: —
The seller sells goods in the ordinary course of business.
36.
An unpaid seller can resell the goods under certain circumstances. Which of the following is NOT a condition for resale? —
The seller has already parted with the possession of the goods.
37.
If the buyer wrongfully neglects or refuses to accept and pay for the goods, the seller may sue him for: —
Damages for non-acceptance.
38.
If an unpaid seller resells the goods, the new buyer acquires good title as against the original seller, provided: —
The new buyer acts in good faith and without notice of the breach of contract by the original buyer.
39.
What is the consequence of the buyer's wrongful refusal to accept goods? —
The seller can claim damages for non-acceptance.
40.
The right of stoppage in transit is available to an unpaid seller when: —
All of the above
41.
A seller is considered 'unpaid' if: —
Both (a) and (b).
42.
Which of the following is NOT an essential element of a contract of sale? —
The goods must be movable.
43.
What is the seller's duty regarding delivery of goods? —
To deliver the goods as per the contract terms.
44.
For how long does the right of stoppage in transit last? —
Until the buyer takes delivery or the transit ends.
45.
When does the unpaid seller's right of lien get terminated? —
All of the above
46.
When does the condition as to fitness for a particular purpose apply? —
When the buyer relies on the seller's skill or judgment.
47.
Property in specific or ascertained goods passes: —
When intended to pass, subject to terms and conditions.
48.
The transfer of property (ownership) in goods occurs: —
When the property is intended to pass according to the intention of the parties.
49.
When can an unpaid seller claim interest on the amount of price from the buyer? —
When the buyer has wrongly neglected or refused to pay the price.