1. Property in the goods 'in the Sale of Goods Act means'
Correct : A. ownership of goods
2. Which of the following is not true
Correct : A. risk and ownership cannot be separated
3. In case of unascertained goods the property in the goods passes:
Correct : C. Both 'a' and 'b'
4. In case of appropriation of goods, which are the essential requirements:
Correct : D. All the above
5. Appropriation of goods means
Correct : D. all the above
6. In case of contract for the sale of specific or ascertained goods the property in goods passes to the
buyer:
Correct : A. At such time as the parties to the contract intend it to be transferred
7. For the purpose of ascertaining the intention of the parties for the purpose of transfer of property in goods
from the seller to the buyer regard shall be had to:
Correct : D. All the above
8. In case of an unconditional contract for the sale of specific goods in a deliverable state, the property in
the goods passes:
Correct : D. When the contract is made
9. The ownership in specific goods to be put in deliverable state passes-
Correct : A. When the seller has brought the goods into a deliverable state and the buyer has notice thereof
10. The general rule of Sale of Goods Act is, risk prima facie passes with
Correct : A. Ownership
11. For passing of property in goods, the goods must be in
Correct : A. deliverable state
12. The purpose of weighing, measuring or testing of goods in a contract of sale of specific goods in deliverable state is:
Correct : A. To ascertain the price
13. When the goods are sent on sale or return basis, the property in the goods passes to the buyer:
Correct : D. All the above
14. Reserving the right of disposal of goods means
Correct : A. The property passes over to the buyer only when the buyer pays the price
15. "Nemo dat quad non habet", means:
Correct : B. none can give who does not himself possess
16. Sale of goods by a mercantile agent gives a good title to the purchaser even in cases where the agent
acts beyond his authority, provided the following conditions are satisfied-
Correct : D. All the above
17. In respect of……………Goods, the property in the goods is transferred to the Buyer at such time as the
parties intend it to be transferred.
Correct : D. Specific or Ascertained
18. Which of the following is relevant for determining the passing of property in ascertained goods?
Correct : A. Intention of Parties
19. For passing of property in respect of specific or ascertained goods, the intention of the parties can be
ascertained from —
Correct : D. All of the above
20. The rule as to passing of property as laid down in section 20 of the Sale of Goods Act, shall apply when—
Correct : C. even the time of payment of price and the time of delivery of the goods are both postponed
21. Under the Sale of Goods Act, 1930, the term "Mercantile Agent" means a mercantile agent, having as
such agent, authority to —
Correct : D. do all of the above
22. Under the Sale of Goods Act, 1930, "Mercantile Agent" should have authority —
Correct : A. in the customary course of business as such agent
23. The definition of "Documents of title to goods" given in the Sale of Goods Act, is —
Correct : B. inclusive
24. Transfer of documents of title to the goods sold to the buyer, amounts to
Correct : B. symbolic delivery
25. Under Sec.2(4) of the Sale of Goods Act, a delivery order enabling a person to obtain delivery on
payment of price is
Correct : A. Deemed as a Document of Title
26. A Document of Title to Goods enables the per son named therein to transfer the property therein
Correct : D. either (a) or (b)
27. A Share Certificate is a —
Correct : C. Document Showing Title to Goods
28. A Bill of Lading is a —
Correct : D. Document of Title to Goods
29. When a bill of exchange in sent together with documents of title, the property in goods passes when the
buyer.
Correct : C. Accepts the Bill of Exchange
30. A Promissory Note is NOT a Document of Title to Goods.
Correct : A. True
31. A Mate's Receipt (given By the Servant/Mate of the Captain of a Ship) is a —
Correct : A. Document of Title to Goods
32. "Warehouse - Keeper's Certificate" is a document of title to 'goods' within the meaning of section 2(4) of
the Sale of Goods Act.
Correct : A. True
33. Which of these is a Document of Title to Goods?
Correct : C. Bill of Lading
34. Which of these is NOT a Document of Title to Goods?
Correct : D. Bearer Cheque
35. Dock Warrant is a
Correct : B. Document of Title to Goods
36. The term "Quality of Goods" in section 2(12) of the Sale of Goods Act, has a reference to —
Correct : B. Fitness for a particular purpose
37. In case of………..goods, property passes to the Buyer, only when the goods are ascertained.
Correct : D. Unascertained
38. Where there is a contract for the sale of………………..goods, no property in the goods is transferred to the
Buyer, unless and until the goods are ascertained.
Correct : B. Unascertained
39. For transfer of property in unascertained goods, the basic condition is that —
Correct : A. Goods must be ascertained and appropriated.
40. The property, in case of sale of unascertained goods, passes when—
Correct : B. Goods are identified and appropriated to the contract
41. There was a contract to supply "waste coal and ash for the next six months, as and when the waste is generated by the Seller's Factory". The Buyer paid the lumpsum price for the next six months in advance. When does the property in the goods pass to the Buyer?
Correct : D. As and when the Factory discharges the waste
42. The process of identifying the goods and setting apart as per the intended quality or description is called —
Correct : C. Ascertainment
43. Section 19 of the Sale of Goods Act, deals with passing of property of…………….goods.
Correct : C. Specific or Ascertained Goods
44. In a sale of specific or ascertained goods, the property therein is transferred to the buyer —
Correct : C. at such time as the parties intend it to he transferred
45. The property in goods in a contract for sale of specific or ascertained goods, passes to the buyer —
Correct : C. when the parties intend the property in goods to pass
46. Pledging of goods obtained on sale or return basis will:
Correct : A. complete the sale
47. Which one of the following is not true?
Correct : C. Specific goods are identified after the contract of sale
48. Voluntary transfer of possession from one person to another is called as
Correct : B. Delivery
49. Which of the statement is incorrect in connection with duties of seller and buyer:
Correct : C. It is not the duty of the seller to deliver the goods
50. Delivery of goods means-
Correct : A. Voluntary transfer of possession
51. For a valid contract of sale, delivery may be:
Correct : D. All of these
52. Delivery of the keys of a godown where goods are kept amounts to:
Correct : B. Symbolic delivery
53. Which of the following is a constructive delivery?
Correct : C. When there is delivery by attornment
54. There are……….modes of delivery
Correct : A. Three
55. Unless otherwise agreed:
Correct : A. Delivery of the goods and payment of the price are concurrent conditions
56. Unless otherwise agreed, the buyer-
Correct : A. must apply for delivery
57. The place of delivery can be-
Correct : D. All the above
58. If no time is fixed, the seller must sent them within-
Correct : C. Reasonable time
59. When goods are in possession of third person, delivery is complete:
Correct : A. When such third party acknowledges to the buyer that he holds the goods on his behalf
60. Where the part delivery is made in progress of the whole delivery, then:
Correct : A. It is treated as delivery of the whole
61. Unless otherwise agreed, the expenses of making delivery are borne by:
Correct : C. The seller
62. If the seller delivers to the buyer goods ordered mixed with goods of a different description, the buyer
may -
Correct : C. either 'a' or 'b'
63. Which of the following statements is incorrect?
Correct : D. Any risk of deterioration in the goods necessarily incident to the course of transit shall be borne by the seller
64. Where goods are delivered to the buyer and he refuses to accept them, having the right so to do:
Correct : D. All are correct statements
65. In case of carriage of goods by sea, where the seller has to put the goods on board a ship at his own
expenses, the contract is known as
Correct : A. F.O.B. Contract
66. The events of force majeure render the contract of 'Sale of Goods'
Correct : B. void
67. In case of carriage of goods by sea, where the seller has to deliver the goods to the buyer at the port of
destination, the contract is known as
Correct : C. Ex-ship Contract
68. Under a……………contract the seller is required to insure the goods, deliver them to the shipping
company, and arrange for their affreightment.
Correct : B. CLE Contract
69. The general principle regarding transfer of title in case of sale of goods is that—
Correct : A. The seller cannot transfer to the buyer a better title than he himself has
70. The Seller of Goods is deemed to be an Unpaid Seller when the…………of the price has not been paid or
tendered.
Correct : A. Whole
71. The Seller of Goods is deemed to be an Unpaid Seller when a bill of exchange or other negotiable
instrument has been received as conditional payment and the condition —
Correct : B. has not been fulfilled
72. 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 dishonour or otherwise.
Correct : D. Any of the above
73. The term "Unpaid Seller" includes —
Correct : B. Agent of the Seller
74. The term "Unpaid Seller" includes —
Correct : C. Seller's agent to whom the Bill of Lading is endorsed
75. Which of the following is not included in the term Unpaid Seller?
Correct : C. Buyer's agent to whom the Bill of Lading is endorsed
76. Even if a substantial portion of the price is paid and only a small balance is pending, the Seller is still
regarded as an Unpaid Seller.
Correct : A. True
77. Unpaid Seller can exercise his right of lien —
Correct : A. even when property in goods has passed to the Buyer
78. Unpaid Seller can exercise his right of stopping the goods in transit —
Correct : A. even when property in goods has passed to the Buyer
79. Unpaid Seller can exercise his right of re-sale of goods—
Correct : A. even when property in goods has passed to the Buyer
80. Unpaid Seller can exercise his right of withholding delivery of goods —
Correct : A. even when property in goods has passed to the Buyer
81. The right of lien is available to the Unpaid Seller, only when —
Correct : B. he is in possession of the goods
82. The right of lien is available to the Unpaid Seller, u/s 47 of the Sale of Goods Act, when he is in possession
of goods —
Correct : D. all of the above
83. In which of the following situations, the right of lien available to the Unpaid Seller is lost?
Correct : D. Where the Unpaid Seller has parted with the possession of the goods.
84. Once possession is lost, right of lien of the Unpaid Seller is also lost. This statement is
Correct : A. True
85. Where the goods have been delivered to Rail ways for carriage and the R/R is taken in the name of the
seller or his agent:
Correct : A. the seller is prima facie deemed to reserve the right of disposal
86. When the goods have been sold on credit and the credit period ……. lien can he exercised
Correct : B. has expired
87. The right of lien can be exercised by the Unpaid Seller in respect of—
Correct : A. Price
88. The Unpaid Seller………….to deliver a part of the Goods on payment of a proportionate part of the price by the Buyer.
Correct : B. may refuse
89. Generally, where an Unpaid Seller has made part delivery of the Goods, he —
Correct : A. may exercise his right of lien on the remainder
90. In which of the following cases, the Unpaid Seller does not lose his right of lien —
Correct : D. When Seller obtains a decree for the price of the goods
91. Where the Unpaid Seller has obtained a decree for the price of the goods, the right of lien —
Correct : A. can be exercised
92. Where the Unpaid Seller has parted with the goods by handing it over to a carrier for transmission, and
the goods are in transit, he can reclaim possession thereof. This right is called —
Correct : B. Right of Stoppage of goods in transit
93. Right of Stoppage in transit can be exercised by the Unpaid Seller, where he —
Correct : A. has lost his right of lien
94. Right of Stoppage in transit can be exercised by the Unpaid Seller, where the Buyer—
Correct : B. becomes insolvent
95. If, after the arrival of goods at their destination, Carrier or other Bailee acknowledges to Buyer or his agent
that he holds goods on his behalf, and continues possession of the goods, the transit—
Correct : A. is at an end
96. If goods are rejected by the buyer and the Carrier or other Bailee continues in possession of them, and the seller has refused to receive them back, then transit —
Correct : C. is not deemed to be at an end
97. If, after the arrival of Goods at their destination, Carrier or other Bailee acknowledges to Buyer or his
agent that he holds goods on his behalf, and continues possession of the goods, the transit is at an end —
Correct : A. even if the buyer indicates further destination for the goods to the Carrier.
98. If the Carrier/Bailee wrongfully refuses to de liver the goods to the buyer or his agent, the transit —
Correct : A. is at an end
99. Sub-sale by the buyer with Seller's consent leads to loss of right of stoppage in transit.
Correct : A. True
100. S sells certain goods to B of Bombay. The goods are handed over to the railways for transmission to B. In the mean time B sells the goods to a third party T for consideration without the consent of S. B. becomes insolvent. In this case —
Correct : A. S has the right of stoppage in transit