Online Exam in Transfer of Ownership and Delivery of Goods in Mercantile Laws for the preparation of professional exams of ca cpt, ca foundation, cs foundation, cma foundation
Transfer of Ownership and Delivery of Goods - Test 7
Time limit: 0
Quiz-summary
0 of 30 questions completed
Questions:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Information
Subject :- Mercantile law No.of Quiz questions :- 30
Chapter :- Transfer of Ownership and Delivery of Goods – Test 7
Start quiz button
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
When the Seller fails to give notice to the Buyer u/s 39(3), the risk during sea-transit lies with the
Correct
Incorrect
Question 2 of 30
2. Question
1 points
In the event of insolvency of either buyer or seller, the question whether the Official Receiver or Assignee can take over the goods or otherwise depends upon whether the
Correct
Incorrect
Question 3 of 30
3. Question
1 points
A pen or a pencil that will not write, a watch that will not keep time, a rubber that will not help to erase, cannot be considered as
Correct
Incorrect
Question 4 of 30
4. Question
1 points
X agrees to sell to Y 40 bags of wheat, out of 1000 bags lying in his godown for 6,500. The wheat is completely destroyed by fire. Can Y compel X to supply the wheat as per agreement ?
Correct
Incorrect
Question 5 of 30
5. Question
1 points
If the goods are rejected by the buyer, and the carrier or other bailee continues in possession of them, the transit
Correct
Incorrect
Question 6 of 30
6. Question
1 points
The time of transfer of ownership in _____ is at a future time or on happening or non-happening of contigency.
Correct
Incorrect
Question 7 of 30
7. Question
1 points
Nemo dat quad non habet means
Correct
Incorrect
Question 8 of 30
8. Question
1 points
What does property in goods pass from seller to buyer in a contract of sale of goods in unascertained goods
Correct
Incorrect
Question 9 of 30
9. Question
1 points
X sells certain goods to Y, the property in the goods is to pass to Y on delivery which is to take place on 1st August 2006 and the payment to be made by Y on 1st June 2006. Y refuses to pay the price on the due date on the plea that the property in the goods has not passed to him. Can X sue Y for the price before the delivery of the goods takes place ?
Correct
Incorrect
Question 10 of 30
10. Question
1 points
When out of a mass of unascertained goods, a particular quantity of goods is extracted or piece of product is identified and set aside or earmarked after the formation of contract of sale. Such goods are called
Correct
Incorrect
Question 11 of 30
11. Question
1 points
By an agreement between the parties –
Correct
Incorrect
Question 12 of 30
12. Question
1 points
When delivery has been delayed through the fault of either Buyer or Seller, as regards any loss which might not have occurred but for such fault, goods are at the risk of
Correct
Incorrect
Question 13 of 30
13. Question
1 points
If the property in Goods is transferred to Buyer, Goods are at the _____ risk, irrespective of whether delivery has been made or not –
Correct
Incorrect
Question 14 of 30
14. Question
1 points
The Latin maxim “Nemo Dat Quad Non Habet” means
Correct
Incorrect
Question 15 of 30
15. Question
1 points
Goods, which are yet to be manufactured or produced or acquired by the seller after the formation of contract of sale are called
Correct
Incorrect
Question 16 of 30
16. Question
1 points
A sells to B the whole content of a certain heap of wheat, which according to A contains 20 quintals. B gets the wheat weighed for his own satisfaction. When the wheat is being weighed, there is a fire and the whole of the wheat is destroyed. Can A recover the price of wheat from B ?
Correct
Incorrect
Question 17 of 30
17. Question
1 points
In a sale if the buyer becomes insolvent before he pays the price of the goods purchased, the seller
Correct
Incorrect
Question 18 of 30
18. Question
1 points
Section 27 of the Sale of Goods Act, 1930 provides for transfer
Correct
Incorrect
Question 19 of 30
19. Question
1 points
Ordinarily, when any person who does not possess a good title to the goods makes a sale, the Buyer would –
Correct
Incorrect
Question 20 of 30
20. Question
1 points
In which situations, the Buyer is NOT deemed to have accepted the Goods ?
Correct
Incorrect
Question 21 of 30
21. Question
1 points
Where there is a contract for the sale of unascertained goods, no property in the goods is transferred to the buyer
Correct
Incorrect
Question 22 of 30
22. Question
1 points
Goods which are not identified or earmarked and agreed upon at the time of formation of contract of sale, are called
Correct
Incorrect
Question 23 of 30
23. Question
1 points
X sells goods to Y Pays to X through a cheque. Before Y could obtain delivery of goods his cheque has been dishonoured by the bank. X therefore, refuses to give delivery of the goods until paid. Is X’s action justified ?
Correct
Incorrect
Question 24 of 30
24. Question
1 points
Where the seller delivers to the buyer a quantity of goods larger than he contracted to sell, the buyer may accept the goods included in the contract and reject the rest, or he may reject the whole. If the buyer accepts the whole of the goods so delivered, he shall pay for them
Correct
Incorrect
Question 25 of 30
25. Question
1 points
Where goods are delivered to the buyer and he refuses to accept them, having the right so to do, he does not return them to the seller
Correct
Incorrect
Question 26 of 30
26. Question
1 points
Exception to no seller can transfer a better title than he himself has are
Correct
Incorrect
Question 27 of 30
27. Question
1 points
When the sale is made the goods should be
Correct
Incorrect
Question 28 of 30
28. Question
1 points
Different kinds of delivery of goods are
Correct
Incorrect
Question 29 of 30
29. Question
1 points
Sec.39(3) of the Sale of Goods Act, relating to insurance, is applicable where the Seller sends the goods to the Buyer by a route involving
Correct
Incorrect
Question 30 of 30
30. Question
1 points
Section 40 of the Sale of Goods Act, deals with the case where property in goods passes to the Buyer with delivery at –