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Assignment 2D

The document appears to be a quiz on key concepts from the Sale of Goods Act 1930 in India. It contains 10 multiple choice questions testing understanding of concepts like: what goods include under the act (movable property, crops, shares); methods of price fixing (not highest bidder); definition of a sale (transfer of property for a price); when property passes (delivery); and conditions versus warranties. The questions indicate Ram cannot file a case under the act regarding the sale of land, as the act only applies to movable property.

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Nagendra Patti
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63 views2 pages

Assignment 2D

The document appears to be a quiz on key concepts from the Sale of Goods Act 1930 in India. It contains 10 multiple choice questions testing understanding of concepts like: what goods include under the act (movable property, crops, shares); methods of price fixing (not highest bidder); definition of a sale (transfer of property for a price); when property passes (delivery); and conditions versus warranties. The questions indicate Ram cannot file a case under the act regarding the sale of land, as the act only applies to movable property.

Uploaded by

Nagendra Patti
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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What is not an essential element of sale of goods?

*
1 point

Two Parties
Presence of Goods
Price
Warranty
Transfer of Ownership

2. What does goods include as per the Sale of goods act 1930? Select all options
that apply.*
1 point

Actionable claims
Movable property
Cash
Crops and trees forming part of land, agreed to be severed in order to make the sale
Shares

3. Which one is not a method of price fixing under the Sale of Goods Act 1930*
1 point

Price Expressly fixed in the contract


Price fixed in the manner provided in the contract
Price fixed by valuation of the third party
Price offered by the highest bidder

4. Which of the following most appropriately describes the term “sale” as per Sale of
Goods Act, 1930*
1 point

A contract whereby seller transfers the property in goods


A contract whereby seller transfers or agrees to transfer the property in goods to the buyer
for a price
A contract where transfer of the property in goods is to take place at a future time
A contract where transfer of the property in goods is to take place subject to some condition
thereafter to be fulfilled

5. Ram got into dispute with Shyam over sale of his land in the village. Can he file a
case under the Sale of Goods Act 1930?*
1 point

Yes
No
He has a choice
He can go for an out of court settlement

6. When a contract for sale is for a future good such a contract is called:*
1 point

A Contract of sale
An agreement to sell the goods
A Contact of sale or agreement to sell
It is not a valid contract

7. A contract of sale may be made*


1 point

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

8. 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*
1 point

Condition
Warranty
Disclaimer
Guarantee

9. 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*
1 point

When the buyer fulfils the condition stipulated to the contract of sale
When the contract of sale is severable and the buyer has accepted the entire goods
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
When the contract of the sale is severable and the buyer has accepted the entire goods or
part thereof

10. When does the property in the goods pass to the buyer in case of contract for the
sale of specific or ascertained goods*
1 point

When the contract for sale is made


When the parties to the contract intend it to be transferred
When the price is paid for the goods
When the delivery of goods has been made

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