Sale of Goods Act, 1930 – Test 7

The seller of goods is deemed to be an unpaid seller when____has been received as conditional payment and the condition has not been fulfilled, by way of dishonor or otherwise.

Once possession is lost, right of lien of the unpaid seller is also lost. This statement is _____

An unpaid seller’s right of lien is lost-

When an unpaid seller stops the goods during the continuance of transit and regains the possession of goods, it is said that seller is exercising-

When the buyer of goods becomes insolvent, the unpaid seller can exercise-
(I) Right of lien
(II) Right of stoppage in transit

The right to stop goods is available to an unpaid seller-

Right of stoppage in transit can be exercised by the unpaid seller, where the buyer-

Goods are deemed to be in transit from the time they are delivered to the carrier or other bailee for transmission to the buyer, until____

Goods-in-transit can be stopped for-

If the carrier/bailee wrongfully refuses to deliver the goods to the buyer or his agent, the transit-

Purpose of right of lien is____possession of goods.

Purpose of right of stoppage of goods in transit is ___possession of goods.

To exercise the unpaid seller’s of stoppage in transit, the seller should have lost his-

The right of re-sale of goods, by an unpaid seller, can be exercised in respect of goods which are of a-

In case of re-sale of goods by an unpaid seller, the original buyer is entitled to any profit which may occur on the resale____

where goods are of perishable nature, unpaid seller can-

An unpaid seller pledged his goods, then resale to a bona fide buyer, such buyer acquires-

Which of the following right is not available to unpaid seller?

____is a public sale where bids are invited and goods are sold to highest bidder.

In the case of ____the sale may be notified to be subject to a reserve or upset price.

Auctioneer can accept bid-

In the case of sale by auction, where goods are put up for sale in lots, each is prima facie deemed to be the subject of a separate contract of sale.

Any bidder may withdraw his bid before the auctioneer announces its completion____

A right to bid may be reserved expressly by or on behalf of the seller. Where such right is expressly so reserved, the seller or any other person on his behalf may bid at the auction.

When the sale is not notified to be subject to a right to bid on behalf of seller, it shall not be lawful for the seller-