Online exam 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 4
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Subject : Mercantile Laws Questions : 30
Chapter :Contingent and Quasi Contracts-Test 4
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According to the sale of goods Act, 1930 ‘Buyer’ is a person who ————-
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Question 4 of 30
4. Question
1 points
The term ‘buyer’ has been defined in the sale of goods Act, 1930 in ————-
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Question 5 of 30
5. Question
1 points
The term “Goods” is defined under Section ———- of the Sale of Goods Act, 1930
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Question 6 of 30
6. Question
1 points
Things attached to land, Which are agreed to be severed before sale constitute ———–
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Question 7 of 30
7. Question
1 points
The term “Seller” has been defined in the Sale of Goods Act, 1930 in ———–
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Question 8 of 30
8. Question
1 points
According to Sale of Goods Act, 1930, “Seller” means a person ———–
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Question 9 of 30
9. Question
1 points
In a contract of sale of goods there must be ———-
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Question 10 of 30
10. Question
1 points
Price consideration in a Contract of Sale can be ———–
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Question 11 of 30
11. Question
1 points
Chapter II of the Sale of Goods Act, deals in
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Question 12 of 30
12. Question
1 points
To constitute a valid sale, there must be at least
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Question 13 of 30
13. Question
1 points
A contract of sale includes
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Question 14 of 30
14. Question
1 points
The Sale of Goods Act applies to
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Question 15 of 30
15. Question
1 points
Which of the two are correct ?
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Question 16 of 30
16. Question
1 points
Agreement to sell means Agreement to
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Question 17 of 30
17. Question
1 points
Essentials of a valid contract of sale include
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Question 18 of 30
18. Question
1 points
The Sale of Goods Act, 1930 deals with the
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Question 19 of 30
19. Question
1 points
Legally, a contract of sale includes
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Question 20 of 30
20. Question
1 points
A contract for the sale of goods which provide that the property would pass to the buyer on full payment of price and execution of sale deed, is known as
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Question 21 of 30
21. Question
1 points
The term ‘goods’ for purpose of Sale of Goods Act, means every kind of movable property and it includes
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Question 22 of 30
22. Question
1 points
The term, ‘goods’ for the purpose of Sale of Goods Act, does not include
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Question 23 of 30
23. Question
1 points
Where the third party is prevented from making valuation of goods as to their price by a party to the contract, the other party has a right to
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Question 24 of 30
24. Question
1 points
Under Sec. 8 of the Sale of Goods Act, 1930, a contract of sale of goods can be avoided where the goods have perished due to
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Question 25 of 30
25. Question
1 points
Sec. 9 of the Sale of Goods Act, 1930 provides for
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Question 26 of 30
26. Question
1 points
Sec.10 of the Sale of Goods Act, 1930 deals with fixation of price of goods by
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Question 27 of 30
27. Question
1 points
According to Sale of Goods Act, the term ‘goods’ means
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Question 28 of 30
28. Question
1 points
Under the Sale of Goods Act, 1930 existing goods are classified as
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Question 29 of 30
29. Question
1 points
Which of these is NOT a valid sale ?
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Question 30 of 30
30. Question
1 points
The distinction between sale and agreement to sell determines