Sale of Goods Act was passed in the year

(a)

1986

(b)

1930

(c)

1982

(d)

1955

A contract of sale involves _____________ parties.

(a)

one parties

(b)

three parties

(c)

two parties

(d)

more than five parties

The subject matter of contract of sale must he

(a)

ggods

(b)

cash

(c)

credit

(d)

all of these

The monetary consideration for the goods sold is called

(a)

Price

(b)

Goods

(c)

Both 'a' and 'b'

(d)

None of these

Which of the following determined with reference to the terms and conditions of the contract?

(a)

Condition

(b)

Warranty

(c)

Both 'a' and 'b'

(d)

None of these

Section 2, the sale of Goods Acts is about

(a)

Principles

(b)

Definitions

(c)

Exceptions

(d)

None of above

The voluntary transfer of possession form one person to another is called

(a)

Transfer

(b)

Change of possession

(c)

Delivery

(d)

None of these

Definition of unpaid seller is provided in section of the sale of Goods Act, 1930.

(a)

45

(b)

46

(c)

47

(d)

None of these

The possession of the finder of lost goods is that of:

(a)

Bailee

(b)

Bailor

(c)

Creditor

(d)

True owner

According to sale of Goods Act, 1930, 'seller' means a person:

(a)

who only agrees to sell tlie goods

(b)

who sells or agrees to sell

(c)

who only sells the goods

(d)

who transfers the possession of the goods to the other party

Where the transfer of the property in the goods  is to take place of a future time or subject to some condition, then such contract is called:

(a)

An agreement to sell

(b)

A contract to sale

(c)

Future contract

(d)

Condition contract

Which of the following does not fall in the category of  "goods"?

(a)

Stock and shares

(b)

Money and actionable claims

(c)

Growing crops and grass

(d)

None of these

Which of the following is not the right of an unpaid seller under sale of Goods Act, 1930?

(a)

Right of lien on goods for the price while the goods are in possession of seller.

(b)

Right of stopping the goods in transit, incase of solvency of buyer

(c)

Right of resale as limited by the Act

(d)

Right of with holding delivery where the property in the goods has passed to the buyer

A contract of sale may be made:

(a)

A in writing or by word of mouth

(b)

Partly in writing of partly by word of mouth

(c)

By the implied conduct of parties

(d)

All of the above

Which of the following is not a subject matter in sale of Goods Act?

(a)

Trade mark

(b)

Goodwin

(c)

Money

(d)

Water