Unpaid Seller
Online Exam in Unpaid Seller in Mercantile Laws for the preparation of professional exams of ca cpt, ca foundation, cs foundation, cma foundation
Unpaid Seller - Test 3
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Subject :- Mercantile law No.of Quiz questions :- 30
Chapter :- Unpaid Seller – Test 3
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Question 1 of 30
1 points
A seller is an unpaid seller
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Question 2 of 30
1 points
Under the Sale of Goods Act, an unpaid seller is one who has not been paid
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Question 3 of 30
1 points
The unpaid seller can exercise his right of lien over the goods for
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Question 4 of 30
1 points
The unpaid seller can exercise his right of lien over the goods, where he is in possession of the goods as a
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Question 5 of 30
1 points
Under the Sale of Goods Act, the unpaid seller can exercise his right of resale of goods
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Question 6 of 30
1 points
In which of the following cases, the unpaid seller loses his right of lien ?
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Question 7 of 30
1 points
An unpaid seller can waive his right of lien ______ .
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Question 8 of 30
1 points
The definition of ‘unpaid seller’ is given in the Sale of Goods Act, in
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Question 9 of 30
1 points
Sec. 46 of the Sale of Goods Act, 1930, enumerates the rights of an unpaid seller irrespective
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Question 10 of 30
1 points
When property in goods has not passed to the buyer, the unpaid seller has a right of
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Question 11 of 30
1 points
Rights of unpaid seller against goods are given in the Sale of Goods Act, 1930, in
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Question 12 of 30
1 points
The right of lien is available to the unpaid seller when he has possession of the goods
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Question 13 of 30
1 points
A seller of goods is an ‘unpaid seller’ , when
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Question 14 of 30
1 points
When property in goods has passed to the buyer, the unpaid seller has a right of
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Question 15 of 30
1 points
An unpaid seller can exercise right of lien for the payment of _______
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Question 16 of 30
1 points
The right of lien empowers the unpaid seller for ___ of goods.
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Question 17 of 30
1 points
A seller is unpaid when _______
- Whole of the price have not been tendered
- A negotiable instrument given has been dishonoured
- A bill of exchange given was dishonoured
- A part of the price has only been paid
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Question 18 of 30
1 points
Under what circumstances a seller will be unpaid seller
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Question 19 of 30
1 points
Which of the following statements are incorrect
- An unpaid seller who is in possession of goods sold, can exercise the right of lien even when the property has passed to the buyer
- The right of lien by an unpaid seller can be exercised for the non payment of price of goods and other changes
- Right of lien and Right of Stoppage of goods in transit may be exercised simultaneously by an unpaid seller
- An unpaid seller can exercise the right of stoppage of goods in transit if the buyer becomes insolvent.
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Question 20 of 30
1 points
When the property in goods has passed to the buyer, an unpaid seller may have the right against the goods
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Question 21 of 30
1 points
‘Lien’ in Sale of Goods Act, 1930, is a right to
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Question 22 of 30
1 points
Under Sec. 51 of the Sale of Goods Act, 1930, the goods are in transit when they are in possession of the carrier
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Question 23 of 30
1 points
The unpaid seller is required to give notice of resale to the buyer under
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Question 24 of 30
1 points
Duration of transit is given in the Sale of Goods Act, 1930 in
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Question 25 of 30
1 points
Right of resale of an unpaid seller is provided in the Sale of Goods Act, 1930 in
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Question 26 of 30
1 points
The requirement of giving notice to exercise stoppage in transit is given in the Sale of Goods Act, 1930 in
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Question 27 of 30
1 points
The buyer can claim damages from the seller for non delivery of goods under the Sale of Goods Act, 1930, in
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Question 28 of 30
1 points
The notice of stopping the goods in transit can be given to
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Question 29 of 30
1 points
Sec. 60 of the Sale of Goods Act, 1930 applies where the contract of sale is repudiated by either party
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Question 30 of 30
1 points
The unpaid seller can exercise the right to re-sale the goods
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