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 9
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Subject :- Mercantile law No.of Quiz questions :- 30
Chapter :- Transfer of Ownership and Delivery of Goods – Test 9
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X gives some sugar to Y on sale or return basis. On the same day Y gives those sugar to Z on sale or return and from him they are lost. Who shall bear the loss ?
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Question 2 of 30
2. Question
1 points
X sells goods to Y and transfers him the document of title to the goods. Y pays X through a cheque. In fulfillment of a contract of sale Y transfers that document of title to Z. Before Z could obtain the delivery of goods, Y’s cheque has been dishonoured by the bank. Hence X gives instructions to stop delivery of the goods to Z until paid decide ?
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Question 3 of 30
3. Question
1 points
Where goods are sold by a person who is not the owner thereof and who does not sell them under the authority or with the consent of the owner, the buyer acquires no better title to the goods than the seller had this is known as
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Question 4 of 30
4. Question
1 points
Goods should be
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Question 5 of 30
5. Question
1 points
In the case of the agreement to sell the goods, the goods are to be delivered at the
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Question 6 of 30
6. Question
1 points
X sells to Y 1000 bags of wheat which are locked up in a godown. X hands over to Y the key of the godown, does it constitute delivery of the goods to Y ?
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Question 7 of 30
7. Question
1 points
In a sale if the buyer becomes insolvent before he pays the price of the goods purchased, the Official Assignee or Receiver
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Question 8 of 30
8. Question
1 points
If the goods are rejected by the buyer, and the carrier or other bailee continues in possession of them, the transit _____ even if the seller has refused to receive them back
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Question 9 of 30
9. Question
1 points
In a sale, if the buyer pays the price of goods purchased and goods are in the possession of the seller and thereafter the seller becomes insolvent, the buyer
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Question 10 of 30
10. Question
1 points
X purchased a papers from Y and resold it to Z who found that the papers was infested with white ants and returned it to X. Can X return the goods to Y ?
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Question 11 of 30
11. Question
1 points
An important preconditions for transferring the property from the seller to the buyer in the case of unascertained goods
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Question 12 of 30
12. Question
1 points
Where the goods are to be acquired by the seller after acquiring
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Question 13 of 30
13. Question
1 points
Where the buyer returns back the goods rejected by him to the seller of the goods
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Question 14 of 30
14. Question
1 points
The passing or transfer of legal ownership of the goods under a contract of sale from seller to buyer, subsequent to which the buyer gets the proprietary rights to the goods means
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Question 15 of 30
15. Question
1 points
When an unpaid seller, who has exercised his right of lien or stoppage in transit, resells the goods, the buyer
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Question 16 of 30
16. Question
1 points
_____ means a agent having in the customary course of business, as such agent, authority either to sell goods, or to consign goods for the purpose of sale, or to buy goods, or to raise money on the security of goods.
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Question 17 of 30
17. Question
1 points
The contract was entered into for the sale of machine which was to be embedded in a concrete floor. A pan of the machine was destroyed while being removed. The buyer refused to take the delivery of the machine. It was held that the buyer was entitled to refuse to buy the machine as it was not in a
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Question 18 of 30
18. Question
1 points
Mr. X delivered a horse to Mr. Y on the condition of sale or return within 10 days. The horse died within that period.
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Question 19 of 30
19. Question
1 points
Where the seller delivers to the buyer a quantity of goods less than the contracted to sell, the buyer
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Question 20 of 30
20. Question
1 points
When the property in goods is transferred to the buyer, but in the possession of the seller
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Question 21 of 30
21. Question
1 points
The risk and property in goods
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Question 22 of 30
22. Question
1 points
Where the goods at the time of sale are in the possession of a third person, there in no delivery by the seller to the buyer unless and until ____ acknowledge to the buyer that holds the goods on his behalf.
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Question 23 of 30
23. Question
1 points
Where the goods are to be acquired by the seller and he gives notice of the same to the buyer and buyer does not apply for the delivery
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Question 24 of 30
24. Question
1 points
A of Mumbai writes to B of Delhi to send him a book by post parcel. The parcel is lost on the way. Can B recover the price ?
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Question 25 of 30
25. Question
1 points
Goods are delivered by doing something which has the effect of putting the goods in the possession of the intended bailee, but not physically is type of which delivery
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Question 26 of 30
26. Question
1 points
The goods remain at the seller’s risk until the property therein is transferred to the buyer, buy when the property therein is transferred to the buyer, and if delivery has not been made
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Question 27 of 30
27. Question
1 points
Which condition is not required regarding passing of property in the case of unascertained goods
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Question 28 of 30
28. Question
1 points
The term possession of goods refers
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Question 29 of 30
29. Question
1 points
If the goods are not in the existence (not produced at the time of agreement to sell), goods are to be delivered at
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Question 30 of 30
30. Question
1 points
Transfer of property in goods sent on approval take place when