Conditions and Warranties-Test 5

_______ implies that the goods should be of such quality and in such conditions that they are commercially saleable under the description by which they are known in the market.

Merchantable quality of goods means

In commercial contracts, stipulation as to time of payment is

In case of sale of goods by description under Section 15 of the Sale of Goods Act, the implied condition is that the goods shall correspond with

If the goods are not in accordance with the description of goods as given in the contract, the Buyer is entitled to reject the goods irrespective of whether the property in goods has passed to the Buyer or not –

According to Sec.12 of the Sale of Goods Act, 1930, a warranty is

In a contract of sale of goods, a stipulation the violation of which gives a party a right to rescind the contract, is a –

If the goods are not in accordance with the description of goods as given in the contract, the Buyer is not entitled to reject the goods even if the property in goods has passed to the Buyer. This statement is –

X agreed to sell oil described as “Double Refined Oil, warranted only equal to sample”. The goods delivered were equal to sample, but contained a mixture of Tin Oil. What are the Buyer’s rights ?

Condition or warranty in a contract of sale, constitute stipulation with reference to

A stipulation in a contract of sale with reference to the goods which are the subject matter thereof may be

The Sale of Goods Act provides for

When goods are sold on “Buy or Return” basis, property in goods will pass from seller to the buyer

In a contract of sale of goods, breach of condition may be treated as breach of ____

The doctrine of caveat emptor implies that ordinarily

In a contract of sale, there is

In case, a condition is changed to the status of a warranty, then the buyer.

If seller does not posses any right to sell and still sells the goods to a buyer, the transaction will be illegal. If a buyer has to return the goods to the rightful owner, the seller, who did not have right to sell.

The doctrine of caveat emptor means

A buyer may treat the breach of condition as breach of warranty

In case a buyer uses his option to treat the breach of condition as breach of warranty, he loses

In a contract of sale of goods, a stipulation the violation of which gives a party a right to claim damages only is a

Sec.12 of the Sale of Goods Act, 1930 defines

Breach of a condition gives a right to

Any stipulation other than time of payment is of the essence of the contract depends upon

An implied warranty or condition as to quality or fitness for a particular purpose cannot be annexed by usage of trade. This statement is

Implied condition that the goods are of merchantable quality, is lost where the buyer has actually examined the goods. This is applicable in respect of defects which are

Section 17 of the Sale of Goods Act, provides for implied conditions in a contract of sale of goods by

An express warranty or condition does not negative a warranty or condition implied by this Act unless inconsistent therewith. This statement is

In a sale of goods by description, it is sufficient that the goods are