Ch 5: Elements of Law Relating to Sale of Goods — Chapter Test
CSEET
📚 Business Laws & Management
📖 Ch.5 — ELEMENTS OF LAW RELATING TO SALE OF GOODS
⭐ V1: Previous Year Question (PYQ)
⚡ Free Mode (Answers Locked)
⏱ Duration: 25 Mins
🎯 Total Marks: 20
Passed at: 10 Marks
Max Attempts: 10
Standard ICSI CSEET objective examination for Elements of Law Relating to Sale of Goods. 20 MCQs with instant scoring and detailed explanations.
📑 Exam Questions
20 Questions • Total 20 MarksQuestion 1:
1 Marks
In a contract of sale under the Sale of Goods Act, 1930, when does the property in specific goods, which are in a deliverable state, typically transfer from the seller to the buyer?
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Question 2:
1 Marks
An 'Agreement to Sell' becomes a 'Sale' when:
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Question 3:
1 Marks
In which of the following types of contracts, under the Sale of Goods Act, 1930, does the risk of loss of goods generally remain with the seller, even if the goods are in the buyer's possession?
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Question 4:
1 Marks
Which of the following is NOT considered 'goods' under Section 2(7) of the Sale of Goods Act, 1930?
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Question 5:
1 Marks
Goods that are yet to be manufactured or produced or acquired by the seller after the making of the contract of sale are termed as:
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Question 6:
1 Marks
A contract for the sale of a specific antique vase, which the seller will acquire only if he wins an auction next week, is an example of:
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Question 7:
1 Marks
A stipulation in a contract of sale, which is collateral to the main purpose of the contract, the breach of which gives rise to a claim for damages but not a right to reject the goods and treat the contract as repudiated, is called a:
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Question 8:
1 Marks
In a contract for the sale of goods by description, there is an implied condition that:
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Question 9:
1 Marks
The implied condition as to fitness for purpose under the Sale of Goods Act, 1930, applies when:
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Question 10:
1 Marks
If a buyer purchases goods by sample, which of the following is an implied condition?
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Question 11:
1 Marks
When can a breach of condition be treated as a breach of warranty?
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Question 12:
1 Marks
The doctrine of 'Caveat Emptor' primarily means:
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Question 13:
1 Marks
Which of the following is an exception to the doctrine of Caveat Emptor?
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Question 14:
1 Marks
A buyer inspects a car before purchase and finds a defect which is apparent on reasonable examination. If he still buys it, can he later claim damages for that defect?
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Question 15:
1 Marks
In a contract for the sale of specific goods, when does the property in the goods pass to the buyer if the goods are in a deliverable state?
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Question 16:
1 Marks
For unascertained goods, when does the property in the goods pass to the buyer?
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Question 17:
1 Marks
The legal maxim 'Nemo dat quod non habet' means:
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Question 18:
1 Marks
An unpaid seller can exercise the right of lien on goods if:
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Question 19:
1 Marks
The right of stoppage in transit can be exercised by an unpaid seller only when:
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Question 20:
1 Marks
An unpaid seller can resell the goods if:
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