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 5
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Subject : Mercantile Laws Questions : 30
Chapter :Contingent and Quasi Contracts-Test 5
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Where goods are unascertained at the time of making of contract of sale of goods, the contract is
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Question 2 of 30
2. Question
1 points
Under the Sale of Goods Act, 1930, goods may be
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Question 3 of 30
3. Question
1 points
The term ‘goods’ includes
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Question 4 of 30
4. Question
1 points
In a contract of sale, price of goods may be paid
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Question 5 of 30
5. Question
1 points
In case of sale of goods
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Question 6 of 30
6. Question
1 points
A contract of sale may be
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Question 7 of 30
7. Question
1 points
In an agreement to sell the property in the goods passes
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Question 8 of 30
8. Question
1 points
“Contract of Sale” under Section 4 of the Sale of Goods Act, 1930 comprises of contracts which are
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Question 9 of 30
9. Question
1 points
A Sale of Goods under the Sale of Goods Act, 1930, creates
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Question 10 of 30
10. Question
1 points
In a Contract of Sale the property in goods is transferred in
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Question 11 of 30
11. Question
1 points
In an Agreement to Sell, the property in goods is transferred in
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Question 12 of 30
12. Question
1 points
In case of agreement to sell, if the Seller becomes insolvent after the Buyer has paid the price, the Buyer can claim
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Question 13 of 30
13. Question
1 points
Whether a given contract is one of sale or some other kind of contract, in respect of goods, is a matter of
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Question 14 of 30
14. Question
1 points
When the property in goods is transferred from the Seller to the Buyer, the contract is
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Question 15 of 30
15. Question
1 points
Under Section 4 of the Sale of Goods Act, there must be transfer of
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Question 16 of 30
16. Question
1 points
An Agreement to Sell in respect of goods is an ______ contract which creates a jus in personam
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Question 17 of 30
17. Question
1 points
An Agreement to Sell in respect of goods is an executory contract which creates _____ .
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Question 18 of 30
18. Question
1 points
X agrees to deliver his old car valued at Rs.1,80,000 to Y, a car dealer, in exchange for a new car, and agrees to pay the difference in cash it is
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Question 19 of 30
19. Question
1 points
An agreement to sell is _____ contract .
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Question 20 of 30
20. Question
1 points
An agreement of hire – purchase include the agreement of
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Question 21 of 30
21. Question
1 points
If a time is fixed for the delivery of goods it is not delivered at a time fixed, then
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Question 22 of 30
22. Question
1 points
In case of sale of goods, the term goods means
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Question 23 of 30
23. Question
1 points
A contract of sale of contingent goods is
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Question 24 of 30
24. Question
1 points
Goods means every kind of immovable property including _______ .
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Question 25 of 30
25. Question
1 points
X agrees to sell certain goods to Y at a price which is to be fixed by Z, if Z refuses to value the goods and fix the price of such goods, the agreement is
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Question 26 of 30
26. Question
1 points
The sale of Goods Act applies to
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Question 27 of 30
27. Question
1 points
The term “Quality of Goods” in Section 2 (12) of the Sale of Goods Act, is referred
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Question 28 of 30
28. Question
1 points
Under Sec.2(10) of the Sale of Goods Act, “Price” means