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Ugc Net Commerce MCQ

The Sale of Goods Act, 1930 was enacted to consolidate, amend, and define the laws relating to the sale of goods in India. It defines key terms like 'buyer' and 'sale' and outlines provisions regarding passing of property, implied conditions and warranties, and rights and obligations of buyers and sellers. The Act governs modern commercial transactions by outlining clear rules for various contract of sale situations.
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0% found this document useful (0 votes)
127 views

Ugc Net Commerce MCQ

The Sale of Goods Act, 1930 was enacted to consolidate, amend, and define the laws relating to the sale of goods in India. It defines key terms like 'buyer' and 'sale' and outlines provisions regarding passing of property, implied conditions and warranties, and rights and obligations of buyers and sellers. The Act governs modern commercial transactions by outlining clear rules for various contract of sale situations.
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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1. What is the purpose behind the enactment of Sale of Goods Act, 1930?

A. To define the laws relating to the sale of goods


B. To consolidate and amend the laws relating to the sale of goods
C. To consolidate, amend and define the laws relating to the sale of goods
D. To define and amend the laws relating to the sale of goods
2. Section 2(1) of Sale of Goods Act defines ‘buyer’ as:
A. Person who buys goods and services
B. Person who agrees to buy goods
C. Person who buys or agrees to buy goods
D. Person who buys or agrees to buy goods and services
3. Before the enactment of Sale of Goods Act, the provisions regarding Sale of Goods were
contained in:
A. Indian Contract Act, 1872
B. Indian Registration Act, 1908
C. Transfer of Property Act, 1882
D. Indian Partnership Act, 1932
4. Which of the following cannot be said to be included in the term “goods” defined under
section 2(7) of the Sale of Goods Act, 1930:
A. Stock
B. Shares
C. Growing crops
D. Actionable claims
5. Which of the following most appropriately describes the term “sale” as per Sale of Goods Act,
1930:
A. A contract whereby seller transfers the property in goods
B. A contract whereby seller transfers or agrees to transfer the property in
goods to the buyer for a price
C. A contract where transfer of the property in goods is to take place at a future time
D. A contract where transfer of the property in goods is to take place subject to some
condition thereafter to be fulfilled
6. When does an agreement to sell become a sale as per the provisions of Sale Of Goods Act,
1930:
A. When the seller transfers the property in goods
B. When the seller agrees to transfer the property in goods
C. When the time elapses or the conditions subject to which the property in
the goods is to be transferred are fulfilled
D. Agreement to sell is deemed to be sale
7. What can be the subject matter of the contract of sale as per section 6 of Sale of Goods Act:
A. Only existing goods owned or possessed by the owner
B. Only Future goods
C. Existing goods which are neither owned nor possessed by the owner
D. Existing goods, owned or possessed by the owner or future goods
8. Where in a contract of sale the seller purports to effect the present sale of the future goods, the
contract operates as:
A. A Contract of sale
B. An agreement to sell the goods
C. A Contact of sale or agreement to sell
D. It is not a valid contract
9. In a contract for sale of specific goods, the goods, without the knowledge of seller perished at
the time when the contract was made, the contract is:
A. A voidable contract at the instance of seller
B. A voidable contract at the instance of buyer
C. A voidable contract subject to approval of the civil court
D. A void contract
10. Can the agreement be avoided when there is an agreement to sell specific goods but
subsequently the goods perish or become so damaged without any fault of the seller or buyer:
A. It can be avoided by the parties
B. It can’t be avoided by the parties
C. It can be avoided only with the approval of Court
D. It can be avoided only if there is a contract in this regard between the parties
11. 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
12. A is a stipulation essential to main purpose of the contract and the breach of which gives rise
to a right to treat the contract as repudiated:
A. Condition
B. Warranty
C. Disclaimer
D. Guarantee
13. A is a stipulation collateral to main purpose of the contract and the breach of which gives rise
to a right to claim for damages but not to a right to reject goods and treat the contract as
repudiated:
A. Condition
B. Warranty
C. Terms of contract
D. Disclaimer
14. When can a breach of condition be treated as a breach of warranty by the seller as per the
provisions of Sale of Goods Act, 1930:
A. When the buyer fulfils the condition stipulated to the contract of sale
B. When the contract of sale is severable and the buyer has accepted the entire goods
C. When the contract of the sale is not severable and the buyer has accepted
the goods or part thereof, subject to an express or implied term in the
contract
D. When the contract of the sale is severable and the buyer has accepted the entire goods
or part thereof
15. In the Contract of Sale, there is an implied warranty that:
A. Seller has a right to sell the goods
B. The buyer has the right to have and enjoy the quiet possession of goods only.
C. The goods shall be free from any charge or encumbrance
D. The buyer has the right to have and enjoy the quiet possession of goods
and that the goods shall be free from any charge or encumbrance
16. In a Contract for Sale of goods by sample and description, it is necessary that:
A. The bulk of goods shall correspond with the sample as well as description
B. The bulk of goods shall correspond with sample while it is not necessary that the bulk
of goods shall correspond with the description
C. The bulk of goods shall correspondent with the description and it is not necessary that
the bulk of goods correspond with the sample
D. Variation of the bulk of goods with the sample and description of goods is only to be
treated as a breach of warranty
17. In which of the following cases, there is an implied condition as to particular quality or fitness
of goods:
A. When buyer makes known to the seller the particular purpose for which
goods are required as to show that buyer relies on seller’s skill and
judgment and the goods are of description which it is in the ordinary
course of seller’s business to supply
B. When buyer makes known to the seller the particular purpose for which goods are
required as to show that buyer relies on seller’s skill and judgment though the seller
does not, in the ordinary course of its business, supply such goods
C. When goods are bought by description from seller who deals in goods of that
description, whether as a manufacturer or otherwise and the buyer has examined the
goods and found defects in the same
D. When there is a contract for sale of a specified article under its patent or other trade
name
18. When does the property in the goods pass to the buyer in case of contract for the sale of
specific or ascertained goods:
A. When the contract for sale is made
B. When the parties to the contract intend it to be transferred
C. When the price is paid for the goods
D. When the delivery of goods has been made
19. When does the property in the goods pass to the buyer in case of an unconditional contract for
the sale of specific goods in a deliverable state:
A. When the contract is made irrespective of whether the time of payment of
price or delivery of goods is postponed or not
B. When the party Intends to transfer
C. At the time of the payment of the price of goods
D. At the time of delivery of goods
20. When does the property in the goods pass to the buyer in case of a contract for the sale of
unascertained or future goods by description:
A. When the goods of that description and in a deliverable state are
unconditionally appropriated to the contract either by the seller or by the
buyer with the assent of each other
B. When the goods of that description and in a deliverable state are conditionally
appropriated to the contract either by the seller or by the buyer with the assent of
each other
C. When the goods of that description and in a non-deliverable state are conditionally
appropriated to the contract either by the seller or by the buyer with the assent of
each other
D. When the goods of that description and in a non-deliverable state are unconditionally
appropriated to the contract either by the seller or by the buyer with the assent of
each other

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