Online Quiz in Formation of Contract of Sale in Mercantile Laws for the preparation of professional exams of ca cpt, ca foundation, cs foundation, cma foundation
Formation of Contract of Sale - Test 3
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Subject :- Mercantile law No.of Quiz questions :- 30
Chapter :- Formation of Contract of Sale- Test 3
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In a contract of sale where goods are lying with the seller the risk of loss of goods will be borne by
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Question 3 of 30
3. Question
1 points
Which of the following statements is correct in relation to ascertainment of price of goods ?
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Question 4 of 30
4. Question
1 points
Which of the following is not an essential element of a contract to sale ?
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Question 5 of 30
5. Question
1 points
Which one of the following statements is not correct ?
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Question 6 of 30
6. Question
1 points
A hire-purchaser of the goods :
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Question 7 of 30
7. Question
1 points
Viru agrees to buy the entire crop of rice that would yield in Y’s farm located at Punjab at the rate of Rs.2,000 per 100 kilograms. The deal under the Sale of Goods Act, 1930. is :
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Question 8 of 30
8. Question
1 points
A sold a bicycle costing Rs.1,000 to B. B paid complete amount and requested him to keep it 2 days more with himself. It is the case of
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Question 9 of 30
9. Question
1 points
Which of the following is document of title of goods ?
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Question 10 of 30
10. Question
1 points
A delivered a horse to B for trail for three days. I was agreed that if found suitable for the buyer for its purposes, the sale then be absolute. The horse died on the second day without the fault of either party, who will bear the loss ?
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Question 11 of 30
11. Question
1 points
If X agrees to deliver 100 kgs of wheat to Y in exchange of 10 litre milk. Then it is :
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Question 12 of 30
12. Question
1 points
Where there is a contract for the sale of specific goods, the contract is ____ . if the goods without the knowledge of the seller have, before the contract was made, perished or become so damages as no longer to answer to their description in the contract.
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Question 13 of 30
13. Question
1 points
Goods that are sold only by description and not identified and agreed upon at the time of contract of sale are known as ________ .
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Question 14 of 30
14. Question
1 points
Which of the following does not constitute an essential element for a contract of sale ?
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Question 15 of 30
15. Question
1 points
Which of the following is not a type of document of title of goods ?
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Question 16 of 30
16. Question
1 points
Which of the following is not an essential element of a contract to sale ?
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Incorrect
Question 17 of 30
17. Question
1 points
Which one of the following statements is not correct ?
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Incorrect
Question 18 of 30
18. Question
1 points
A hire-purchaser of the goods :
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Question 19 of 30
19. Question
1 points
Viru agrees to buy the entire crop of rice that would yield in Y’s farm located at Punjab at the rate of Rs.2,000 per 100 kilograms. The deal under the Slae of Goods Act, 1930. is :
Correct
Incorrect
Question 20 of 30
20. Question
1 points
A sold a bicycle costing Rs.1,000 to B. B paid complete amount and requested him to keep it two days more with himself. It is the case of
Correct
Incorrect
Question 21 of 30
21. Question
1 points
Which one of the following is document of title of goods ?
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Incorrect
Question 22 of 30
22. Question
1 points
In a Contract of Sale, price consideration can be ____ .
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Question 23 of 30
23. Question
1 points
Delivery of the godown keys amounts to :
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Question 24 of 30
24. Question
1 points
Doctrine of Caveat Emptor means :
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Question 25 of 30
25. Question
1 points
Ram supplies gold to Shyam, a goldsmith to make an ornament. Shyam charged Rs.15,000. The contract is :
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Question 26 of 30
26. Question
1 points
Which of the following is not a document of title to goods ?
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Question 27 of 30
27. Question
1 points
Future goods are :
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Question 28 of 30
28. Question
1 points
Which one of the following is true ?
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Question 29 of 30
29. Question
1 points
The Sale of Goods Act, 1930 deals with :
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Question 30 of 30
30. Question
1 points
Under Sale of Goods Act, 1930 the terms “Goods” means every kind of movable property and it includes