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Published on: 03/09/2022
QB365 provides a detailed and simple solution for every Possible Creative Questions in Class 12 Commerce Subject - The Sale of Goods Act, 1930, English Medium. It will help Students to get more practice questions, Students can Practice these question papers in addition to score best marks.
Download Tamil Nadu 12th Standard Commerce question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Commerce Test1.
Which of the following is not a subject matter in sale of Goods Act?
Trade mark
Goodwin
Money
Water
2.
A contract of sale may be made:
A in writing or by word of mouth
Partly in writing of partly by word of mouth
By the implied conduct of parties
All of the above
3.
Which of the following is not the right of an unpaid seller under sale of Goods Act, 1930?
Right of lien on goods for the price while the goods are in possession of seller.
Right of stopping the goods in transit, incase of solvency of buyer
Right of resale as limited by the Act
Right of with holding delivery where the property in the goods has passed to the buyer
4.
Which of the following does not fall in the category of "goods"?
Stock and shares
Money and actionable claims
Growing crops and grass
None of these
5.
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:
An agreement to sell
A contract to sale
Future contract
Condition contract
6.
According to sale of Goods Act, 1930, 'seller' means a person:
who only agrees to sell tlie goods
who sells or agrees to sell
who only sells the goods
who transfers the possession of the goods to the other party
7.
The possession of the finder of lost goods is that of:
Bailee
Bailor
Creditor
True owner
8.
Definition of unpaid seller is provided in section of the sale of Goods Act, 1930.
45
46
47
None of these
9.
The voluntary transfer of possession form one person to another is called
Transfer
Change of possession
Delivery
None of these
10.
Section 2, the sale of Goods Acts is about
Principles
Definitions
Exceptions
None of above
11.
Which of the following determined with reference to the terms and conditions of the contract?
Condition
Warranty
Both 'a' and 'b'
None of these
12.
The monetary consideration for the goods sold is called
Price
Goods
Both 'a' and 'b'
None of these
13.
The subject matter of contract of sale must he
ggods
cash
credit
all of these
14.
A contract of sale involves _____________ parties.
one parties
three parties
two parties
more than five parties
15.
Sale of Goods Act was passed in the year
1986
1930
1982
1955
1.
(c)
Money
2.
(d)
All of the above
3.
(d)
Right of with holding delivery where the property in the goods has passed to the buyer
4.
(a)
Stock and shares
5.
(a)
An agreement to sell
6.
(b)
who sells or agrees to sell
7.
(a)
Bailee
8.
(a)
45
9.
(c)
Delivery
10.
(b)
Definitions
11.
(b)
Warranty
12.
(a)
Price
13.
(a)
ggods
14.
(c)
two parties
15.
(b)
1930
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Tamilnadu Stateboard 12th Standard Subjects
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Physics
Biology
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Business Maths and Statistics
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History
Computer Applications
Biology
Computer Technology
Computer Applications
Computer Science
Business Maths and Statistics
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Maths
Chemistry
Physics
Computer Technology
History
Accountancy
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