Online Exam in Conditions and Warranties in Mercantile Laws for the preparation of professional exams of ca cpt, ca foundation, cs foundation, cma foundation
Conditions and Warranties-Test 3
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Subject :- Mercantile law No.of Quiz questions :- 30
Chapter :- Conditions and Warranties – Test 3
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According to Sec.12 of the Sale of Goods Act, 1930, a condition is
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Question 2 of 30
2. Question
1 points
According to Sec.15 of the Sale of Goods Act, 1930, the implied condition is that the goods shall correspond with
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Question 3 of 30
3. Question
1 points
Sec.16(1) applies when
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Question 4 of 30
4. Question
1 points
Caveat Emptor means
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Question 5 of 30
5. Question
1 points
Caveat Vendittor means
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Question 6 of 30
6. Question
1 points
The principle of ‘Caveat emptor’ is given in the Sale of Goods Act, 1930 under –
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Question 7 of 30
7. Question
1 points
Condition as to merchantability of goods is given in the Sale of Goods Act, 1930 under
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Question 8 of 30
8. Question
1 points
Condition as to quality or fitness is given in the Sale of Goods Act, 1930 under
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Question 9 of 30
9. Question
1 points
As per Sale of Goods Act, a condition is a stipulation
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Question 10 of 30
10. Question
1 points
Condition and warranty are different as to
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Question 11 of 30
11. Question
1 points
When is a condition treated as a Warranty
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Question 12 of 30
12. Question
1 points
As per Sale of Goods Act, a warranty is a stipulation
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Question 13 of 30
13. Question
1 points
A stipulation which is essential to the main purpose of the contract, and if proves false, gives the buyer a right to terminate the contract, is legally known as
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Question 14 of 30
14. Question
1 points
Breach of a warranty gives a right to
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Question 15 of 30
15. Question
1 points
A breach of a condition can be treated as a breach of a warranty. This is given under
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Question 16 of 30
16. Question
1 points
Sec.15 of the Sale of Goods Act, 1930 provides for an implied
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Question 17 of 30
17. Question
1 points
Sec.14 of the Sale of Goods Act, 1930 provides for an implied
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Question 18 of 30
18. Question
1 points
The only implied condition which is absolute is given in
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Question 19 of 30
19. Question
1 points
A stipulation which is collateral to the main purpose of the contract, and if proves false, gives the buyer only a right to claim damages, is known as
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Question 20 of 30
20. Question
1 points
Any stipulation in a contract sale of goods that is essential for the main purpose of contract is known as ________
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Question 21 of 30
21. Question
1 points
A stipulation in a contract of sale of goods breach of which gives rise to a right to claim damages is called _____
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Question 22 of 30
22. Question
1 points
In a contract of sale of goods
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Question 23 of 30
23. Question
1 points
_____ conditions and warranties are those which have expressly agreed upon by the parties at the time of the contract of sale and are expressly provided in the contract.
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Question 24 of 30
24. Question
1 points
In a contract of sale of goods, condition as to merchantable quality of goods applies
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Question 25 of 30
25. Question
1 points
According to Sale of Goods Act, breach of conditions gives rise to the right
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Question 26 of 30
26. Question
1 points
Which of the following is not an implied condition in a contract of sale ?
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Question 27 of 30
27. Question
1 points
Sec.17 of the Sale of Goods Act, 1930 provide for implied condition in case of a contract of sale of goods by
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Question 28 of 30
28. Question
1 points
The doctrine of caveat emptor shall apply when the
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Question 29 of 30
29. Question
1 points
In case the goods, sold by sample as well as description, corresponds with the sample only, then the
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Question 30 of 30
30. Question
1 points
The implied condition that goods shall be fit for buyer’s specific purpose, is applicable only where the buyer tells his purpose to the seller and relies upon seller’s skill and judgement