__________________________________________________ No. Of Questions to be Answered : Random 20 out of 58
True, as this is also the recognised mode of exercising this right.
False, as this right can be exercised only by taking the actual possession.
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True, where the ownership of the goods has not transferred to the buyer.
False, the buyer can in no case withhold the delivery of goods sold.
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Against the good sold.
Against the buyer.
Both (a) and (b)
None of these.
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Unpaid seller
Ordinary seller
Bailor
None of these.
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Delivery of goods to buyer
Delivery of goods to carrier
Tender of price by buyer
All of these.
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Fails to a pay the price
Become insolvent
Fails to pay damages
Both (a) and (b).
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(i),( ii), (iii)
(ii), (iii),(iv)
(i), (ii), (iv)
(i), (iii), (iv)
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Suit for price
Suit for interest
Suit for damages
All of these
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True
False
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Suit of price
Suit for interest
Suit for repudiation
AII of these.
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Section 47 (1)
Section 48(1)
Section 49
None of these
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True, as it is recognised under the Sale of Goods Act 1930.
False as no such right is given to him under the Sale of Goods Act, 1930.
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When whole of the price has not been paid or tendered.
When a bill of exchange of other negotiable instrument, received in payment, has been dishonoured.
Both (a) and (b).
None of these.
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Where the goods have been sold without any stipulation as to credit.
Where the goods have been sold on credit, but the term of credit has expired.
Where the buyer becomes insolvent.
All of these.
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Seller
Buyer
Seller's agent
None of these
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Buyer's act of taking delivery form carrier.
Carrier's acknowledgement to the buyer.
Carrier's wrongful refusal to deliver the goods to the buyer.
All of these.
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Lien
Stoppage in transit
Both (a) & (b)
None of these.
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Retain possession of goods
Regain possession of goods
Recover damages
Punish the buyer.
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Price is paid
Price is tendered
Seller sues for price 1
Either (a) or (b).
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Retain possession of goods
Recover damages
Regain possession of goods
Punish the buyer
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Goods are perishable
Seller has reserved such right
Both (a) and (b)
None of these.
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Owner of goods
Agent of buyer
Bailee for buyer
Any of these.
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15 days
30 days
Reasonable time
None of these.
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Seller
Partly paid seller
Unpaid seller
Conditional seller.
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True, the lien is lost as soon as the possession is lost.
False, the lien is lost only when the ownership is transferred to the buyer.
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Ownership
Possession
Face value
Market value.
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Price of goods
Storage charges
Any lawful charge
All of these.
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Goods
Lawful charges
Price
Damages
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(I), (ii), (iii)
(ii), (iii), (iv)
(i),(ii), (iv)
(i), (iii), (iv).
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Takes the delivery of goods
Refuses to pay the price
Becomes insolvent
Pays the full price.
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Subsisting and wait till the due date of delivery.
Repudiated and bring an immediate action for recovery of damage.
Either (a) or (b).
Only option (a) is available to the seller.
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Retain the possession
Regain possession
Hand over possession
Check the quantity
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The unpaid seller can recover the loss form the original buyer, if the resale price is less than the original contract price.
The unpaid seller cannot recover any loss form the original buyer.
The unpaid seller can retain the profit if the resale price is higher than the original contract price.
Both (a) and (c) are correct.
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Ownership of goods
Possession of goods
Title of goods
Both (a)&(c).
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Bound to return it to the original a buyer
Not bound to return it to the original buyer.
At liberty to retain it for his own use.
Guilty of breach of contract.
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Possession of goods is regained
Buyer refuses to pay price
Transit comes to an end
Both (a) and (b).
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In case of insolvency of the buyer, an unpaid seller can exercise his lien if whole of the price is not paid.
In case of credit sale, an unpaid seller can exercise his lien if the buyer fails to pay the whole of the price after the expiry of credit period.
In case of cash sale, an unpaid seller has no right of lien even if the whole price is not paid,
In case of a part delivery of goods, an unpaid seller may exercise his lien on the -remaining part of goods if the part delivery, is not intended as delivery of the whole.
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Right of lien
Right of stoppage in transit
Both (a) and (b)
None of these.
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Transit comes to an end
Transit does not come to an end
Seller's right of lien revives
None of these.
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Entitled to recover the same from the original buyer.
Not entitled to recover the same form the original buyer.
Guilty of breach of contract of sale.
Entitled to recover the same from mercantile association.
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Price
Interest
None of these
Both (a) and (b).
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Buyer's lien revives
Buyer's lien does not revive
Seller's possessiort is unlawful
Contract of sale of terminated.
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True
False
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True, as it is the legal position on the point.
False, as the right of lien is indivisible in nature.
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Price of goods
Storage charges
Any lawful charges
All of these.
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Agent of seller
Agent of buyer
Independent person i.e., in his own name.
Both (a) and (b).
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Is guilty of breach of contract.
Can recover the loss from the buyer.
Cannot recover the loss form the buyer.
Can recover the loss form mercantile association.
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Comes to an end
Does not come to an end
Commences
Is illegal.
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