CSS :: Sale Of Goods Act 1930
11.
As per section 2 sub-section 8, of the Sales of Goods Act, insolvent means a person
A.
Who has ceased to pay his debts in the ordinary course of business
B.
Or can not pay his debts as they become due
C.
Both (a) and (b)
D.
None of above
Answer: Option C
Explanation:
12.
The agent having in customary course of business as such agent authority either to sell goods or to consign goods for the purpose of sale or to buy goods or to raise money on the security of goods is called
A.
Agent
B.
Mercantile agent
C.
Partner
D.
None of above
Answer: Option B
Explanation:
13.
As per section 2(12), of the Sale of Goods Act, quality of goods include
A.
State of goods
B.
Conditions of goods
C.
Both (a) and (b)
D.
None of above
Answer: Option C
Explanation:
14.
The goods identified and agreed upon at the time a contract of sale is made are called
A.
Ordinary goods
B.
Specified goods
C.
Scheduled goods
D.
None of above
Answer: Option B
Explanation:
15.
Section 4, of the Sale of Goods Act 1930, deals with
A.
Sale
B.
Agreement to sell
C.
Both (a) and (b)
D.
None of above
Answer: Option C
Explanation:
16.
As per section 4(2), of The Sale of Goods Act, a contract of sale may be
A.
Absolute
B.
Conditional
C.
Both (a) and (b)
D.
None of above
Answer: Option C
Explanation:
17.
There are_____, essential requisites of sale
Answer: Option D
Explanation:
18.
According section 5(2) Subject to provision of any law for the time being in force a contract of sale may be
A.
Made in writing
B.
By words of month
C.
Partly in writing or partly in words of month
D.
All of above ways
Answer: Option D
Explanation:
19.
Section 12, of the Sale of Goods Act deals with
A.
Condition in contracts
B.
Warraty in contracts
C.
Both (a) and (b)
D.
None of above
Answer: Option C
Explanation:
20.
A stipulation in contract of sale with reference to goods which are the subject there of may be
A.
A condition
B.
A warranty
C.
Both (a) and (b)
D.
None of above
Answer: Option C
Explanation:
Read more: