A bailee fails to return the goods according to the bailers direction. He takes reasonable care of the goods but still the goods are lost. The loss will fall on____________________
1. the bailee
2. the bailer
3.on both of them
4.neither of them
1.The buyer is to appropriate
2.Goods seller is to be appropriate.
3. The party who under the contract is first to act is to appropriate.
4.Any party may appropriate.
If the goods of the bailer get missed up with the like goods of the bailer by the act of god, the mixture belongs to the bailer and the bailer in proportion to their shares but the cost of separation will have to be borne by_____________
1. the bailee
3.both of them in proportion to the value of their goods
4. Third party
2. An agreement to sell.
3.A void agreement
4. An unenforceable agreement.
1. A. has an option to buy the goods.
2.must but the goods
3. must return the goods
4. is not given the possession of the goods
1.Is transferred to the buyer
2. Maybe transferred at a future time.
3. Is transferred when the buyer pays the price
4.b. Is transferred when goods are delivered to the buyer.
1. Has right to sell the goods.
2.Is in position of the goods.
3. Will have the right to sell.
4.Has the right to sell the goods
1.the goods have been delivered to the buyer.
2.the goods have not been delivered to the buyer.
3.there is a specific agreement
4.there is a general agreement.
1.repudiate the contract.
2.claim damage only.
3.refuses to pay the price.
4.refuses to take the delivery of the goods.
4.possession and ownership.
1.Transfer of possession of goods.
2.Transfer of property in goods.
3. Delivery of goods.
4.Payment of price.
1. when the seller hands over to the buyer to the key of warehouse where the goods are lying
2.. where a third person in possession of the goods acknowledgement to the buyer that he holds them on his behalf.
3.when the seller physically delivers the goods
4.possession and ownership
1.The goods have been delivered to the buyer.
2.The goods have not been delivered to the buyer.
3.There is specific agreement
4.It is not a specific agreement.
1. essential to the main purpose of contract of sale
2.not essential to the main purpose of the contract of sale.
3.collateral to the main purpose of contract of sale
2.agreement to sell.
A contract of sale may be __________.
3.absolute and conditional
A seller delivers goods in excess of the quantity ordered for. The buyer may_________ A. Accept the whole B. Rejects the whole. C. Accept the goods ordered for and return the excess. D. Accept the part of goods.
1.Accept the whole
2.Rejects the whole.
3.Accept the goods ordered for and return the excess
4. Accept the part of goods.
A who purchases certain goods from B by a misrepresentation pledges them with C. the pledge is _________________
a. Where a third person in possession of the goods acknowledged to the buyer that he holds them on his behalf
1.a. Where a third person in possession of the goods acknowledged to the buyer that he holds them on his behalf
2.the terms of contract entered into with a third party.
3. its article of association.
An unpaid seller can excise the right of stoppage in transit when the carrier holds the goods ____________.
1.as sellers agent.
2. as buyer s agent
3.as agent of both of them.
4.in his own name.
1.where the goods have been sold on credit and terms of credit has not expired B. D.
2.where the buyer has not become insolvent.
3.for the price of the goods.
4. for the price of the goods and expenses.
An unpaid seller has not given notice of resale to the buyer. On the resale there is a loss____________.
1. the unpaid seller can recover it from the buyer.
2. the unpaid seller cannot recover it from the buyer
3.the buyer can recover it from an unpaid seller.
4.the buyer must compensate the unpaid seller.
If a price is not determined by the parties in a contract of sale, the buyer is bound to pay_________________
1. The price demanded by the seller
2. A reasonable price
3.The price which the buyer thinks is reasonable
4.The price to be determined by a third independent person
If sale is by sample as well as by description, the implied condition is that the goods shall correspond with ____________.
3. both sample and description.
4.either sample or description.
If the goods are rejected by the buyer and the carrier or the bailee continuous to be in possession of them the transit ________.
1.is deemed to be an end.
2.is not deemed to be an end.
4.not yet commences.
In a C.I.F., contract the property in goods passes from the seller to the buyer when the______________
1.Goods are shipped
2.Goods are received by the buyer
3.Contract is entered into.
4.Price is paid.
4.none of these
Risk follows ownership ___________.
1. only when goods have been delivered .
2.only when price has been paid.
3.whether delivery has been made or not.
4.even when the price has not been paid.
Risk follows ownership__________
1. Only when goods have been delivered.
2.Only when price has been paid.
3.Whether delivery has been made or not
4.Even when price has not been paid.
1.transfer of possession of goods.
2.transfer of property in goods from seller to buyer
3.delivery of goods.
4.Payment of price.
1. retain possession.
2. regain possession
3.recovery price and other charges
The sale of goods act was enacted during
The sale of goods act was enacted during
1.movable goods only.
2. immovable goods only.
3.both movable and immovable goods
4.all goods except ornaments.
The term goods exclude_________.
1.stock and shares.
3. immovable property
4.all of these.
1.a. When the seller hands over to the buyer the key of the warehouse where the goods are lying.
2.a. Where a third person in possession of the goods acknowledged to the buyer that he holds them on his behalf
3.When the seller physically delivers the goods to the buyers.
4.When the seller asks the buyer to take delivery of the goods.
Unless otherwise agreed, where goods are sent by the seller to the buyer by a route involving a sea transit of the seller____
1. A. must inform the buyer in time to get the goods insured
2.may insure the goods
3. must insure the goods
4.no need to insure the goods.
When there is n specific agreement as to place, the goods sold are to be delivered at the place__________.
1.at which they are at the time of sale.
2.of the buyer.
3.decide by the seller
4. to be determined by the seller.
Where the neglected or refusal of the buyer to take delivery of goods amounts to a repudiation of the contract, the seller may sue for the __________.
1.price of damages.
4. both for price and damages.
Where there is a contract for the sale of unascertained goods, the property in goods___________.
1.passes when the buyer pays the price.
2.does not pass until the goods are ascertained
3.when the contract is entered into
4.when the buyer accepts the goods.
where there is an unconditional contract for the sale of specific goods in a deliverable state, the property in the goods passes to the buyer when________.
1. A. the goods are delivered to the buyer.
2.the price is paid by the buyer
3.the contract is made
4.the buyer accepts the goods.
Where there is an unconditional contract for the sale of specific goods in a deliverable state, the property in the goods passes to the buyer when_______________
1. The goods are delivered to the buyer.
2.The price is paid by the buyer.
3.The contract is made
4.The buyer accepts the good.
1.. Condition as to title.
2.Condition as to description
3.Condition as to freedom from the encumbrance
4.Condition as to a sample