As per Sale of Goods Act, 1930 implied condition as to merchantable quality____where the buyer has examined goods.
Correct
Incorrect
Question 3 of 25
3. Question
1 points
The principle of “Caveat Emptor” as found in the Sale of Goods Act, 1930 means that the_____
Correct
Incorrect
Question 4 of 25
4. Question
1 points
The general rule is that buyer of goods must keep his eyes open, his mind active, and be cautious while buying the goods. This doctrine is called____
Correct
Incorrect
Question 5 of 25
5. Question
1 points
Caveat emptor means-
Correct
Incorrect
Question 6 of 25
6. Question
1 points
As per doctrine of caveat emptor, it is the duty of the buyer to thoroughly examine the goods or to make known to seller the purpose for which goods are required, before he buys. If he makes wrong choice, he cannot blame seller.
Correct
Incorrect
Question 7 of 25
7. Question
1 points
The doctrine of caveat emptor will be NOT applicable-
Correct
Incorrect
Question 8 of 25
8. Question
1 points
The general rule is that ownership follows risk the, whether the delivery has been made or not.
Correct
Incorrect
Question 9 of 25
9. Question
1 points
Where there is a contract for the sale of unascertained goods, no property in the goods is transferred to the buyer unless and until the goods are-
Correct
Incorrect
Question 10 of 25
10. Question
1 points
Where there is a contract for the sale of specific or ascertained goods the property in them is transferred to the buyer –
Correct
Incorrect
Question 11 of 25
11. Question
1 points
In case of___goods, property passes to the buyer, only when the goods are ascertained.
Correct
Incorrect
Question 12 of 25
12. Question
1 points
The property in goods in a contract for sale of specific or ascertained goods, passes to the buyer____
Correct
Incorrect
Question 13 of 25
13. Question
1 points
Where there is an unconditional contract for the sale of specific goods in a deliverable state, the property in the goods passes to the buyer when-
Correct
Incorrect
Question 14 of 25
14. Question
1 points
Where there is a contract for the sale of unascertained goods, the property in goods-
Correct
Incorrect
Question 15 of 25
15. Question
1 points
As per section 20, in an unconditional contract for sale of___the property passes to the buyer at the time when contract is made.
Correct
Incorrect
Question 16 of 25
16. Question
1 points
In a contract of sale of specific goods to be put in deliverable state, the property in goods passes to the buyer when-
Correct
Incorrect
Question 17 of 25
17. Question
1 points
Where there is a contract for the sale of specific goods in a deliverable state, but the seller is bound to weigh, measure, test or do some other act or thing with reference to the goods for the purpose of ascertaining the price, the property does not pass until-
Correct
Incorrect
Question 18 of 25
18. Question
1 points
The process of identifying the goods and setting apart as per intended quality or description is called-
Correct
Incorrect
Question 19 of 25
19. Question
1 points
Where there is unconditional contract for the sale of specific goods in a deliverable state, the property in goods passes to the buyer, when the-
Correct
Incorrect
Question 20 of 25
20. Question
1 points
The property in goods passes to the buyer when the goods put in a deliverable state and the buyer has notice thereof. Such contract should relate to-
Correct
Incorrect
Question 21 of 25
21. Question
1 points
In sale of unascertained or future goods by description and goods of that description are unconditionally appropriated to the contract, by the seller with the assent of the buyer or by the buyer with the assent of the seller, the property passes to the buyer-
Correct
Incorrect
Question 22 of 25
22. Question
1 points
In sale of unascertained or future goods by description property in goods passes to the buyer, when goods of such description are unconditionally appropriated by the seller with the assent of the buyer or by the buyer with the assent of the seller. Such assent-
Correct
Incorrect
Question 23 of 25
23. Question
1 points
where the seller delivers goods to the buyer or carrier for the purpose of transmission to the buyer and ____, he is deemed to have unconditionally appropriated the goods to the contract.
Correct
Incorrect
Question 24 of 25
24. Question
1 points
When goods are shipped to a railway administration for carriage, the seller is prima facie deemed to have reserved the right of disposal, if, by the Bill of Lading or Railway Receipt, the goods are deliverable to the order of-
Correct
Incorrect
Question 25 of 25
25. Question
1 points
Sagar of Mumbai took a Bill of Lading in the name of Rani of Goa, but sent it to Bharat, Sagar’s agent in Goa. The goods were destroyed while in sea. Who has to bear the loss of goods?
Correct
Incorrect
Ekvij provides online exams For CA,CMA and CS examinations