Transfer Of Ownership And Delivery Of Goods

117 Questions | Total Attempts: 450

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Questions and Answers
  • 1. 
    The term 'property' as used in the Sale of Goods Act, 1930 means 
    • A. 

      Ownership

    • B. 

      Possession

    • C. 

      Custody

    • D. 

      Both (b) and (c).

  • 2. 
    The term 'possession of goods' means
    • A. 

      Ownership of goods

    • B. 

      Custody of goods

    • C. 

      Both (a) and (b)

    • D. 

      None of these.

  • 3. 
    The main object of a contract of sale is 
    • A. 

      Transfer of ownership of goods to the buyer

    • B. 

      Transfer of possession of goods to the buyer.

    • C. 

      Payment of price of goods to the seller

    • D. 

      To help the seller in selling the goods.

  • 4. 
    On transfer of property in goods form seller to the buyer, the
    • A. 

      Buyer becomes the owner of the goods.

    • B. 

      Buyer becomes agent of the seller.

    • C. 

      Seller ceases to be the owner of the goods.

    • D. 

      Both (a) and (c).

  • 5. 
    'Risk passes with the ownership' is an important rule in contract of sale, which means that in case of loss of or destruction of subject-matter of contract of sale (i.e., goods). The loss falls upon  the person having.
    • A. 

      Ownership of goods.

    • B. 

      Physical custody of goods.

    • C. 

      Both (a) and (b).

    • D. 

      Capacity to bear the risk.

  • 6. 
    The goods are at the risk of a party who has the
    • A. 

      Possession of goods.

    • B. 

      Custody of goods.

    • C. 

      Ownership of goods.

    • D. 

      Both (a) and (b).

  • 7. 
    The delivery of goods should
    • A. 

      Be voluntary and lawful.

    • B. 

      Have the effect of putting the goods in buyer's possession.

    • C. 

      Both of these.

    • D. 

      None of these.

  • 8. 
    The seller becomes entitled to recover the price of the goods when the
    • A. 

      Goods are delivered to the buyer.

    • B. 

      Ownership is transferred to the buyer.

    • C. 

      Seller is in need of money.

    • D. 

      Goods are valued in terms of money.

  • 9. 
    The general rule is that the transfer of ownership depends upon the intention of the parties.
    • A. 

      True, Section 19 contains a provision in this regard.

    • B. 

      False, no such provision is there in the Sale of Goods Act.

  • 10. 
    Which of the following statement is incorrect ?
    • A. 

      The parties may fix the time for the transfer of ownership from seller to the buyer.

    • B. 

      If the parties do not fix any time for the transfer of ownership, then it is governed by the provisions of the Sale of Goods Act.

    • C. 

      The rules for the transfer of ownership in case of both the specific goods as well as unascertained good are provided in the Sale of Goods Act

    • D. 

      There is no provision in the Sale of Goods Act providing rules for the transfer of ownership in case of sale of goods on approval.

  • 11. 
    In case of sale specific goods, me general rule is that the ownership -of the goods is transferred form the seller to the buyer at the time of
    • A. 

      Making the contract.

    • B. 

      Making payment of price.

    • C. 

      Delivery of goods to the buyer.

    • D. 

      Completion of payment and delivery formalities.

  • 12. 
    The ownership of goods is transferred to the buyer at the time of making the contract only if the following condition is/are satisfied:
    • A. 

      The sale is of specific goods

    • B. 

      The goods are in a deliverable state

    • C. 

      The contract of sale is unconditional

    • D. 

      All of the above.

  • 13. 
    The goods are said to be in a deliverable state when they are in such a condition that the buyer would, under the contract, be bound to take delivery of them.
    • A. 

      True

    • B. 

      False

  • 14. 
    In an unconditional contract for the sale of specific goods in a deliverable state, the property in the goods passes to the buyer when the
    • A. 

      Price is paid by the buyer.

    • B. 

      Goods are delivered by the seller.

    • C. 

      Goods are accepted by the buyer.

    • D. 

      Contract is made.

  • 15. 
    In case of unconditional contract of sale, the property passes to the buyer at the time of making the contract. For the application of this rule, the goods must be
    • A. 

      Specific

    • B. 

      In a deliverable state

    • C. 

      Physically transferred to buyer

    • D. 

      Both (a) and (b).

  • 16. 
    In case of sale of standing trees, the property passes to the buyer when the trees are
    • A. 

      Counted and ascertained.

    • B. 

      Felled and ascertained.

    • C. 

      Earmarked but not felled.

    • D. 

      None of these.

  • 17. 
    Where the specific goods are to be put in a deliverable state by some act of the seller, the property in the goods is transferred to the buyer when the
    • A. 

      Seller has done his act of putting the goods in a deliverable state.

    • B. 

      Buyer comes to know that the goods have been put in a deliverable state.

    • C. 

      Both of these, as it is the requirement of law.

    • D. 

      None of these, as in such a case the contract of sale is void.

  • 18. 
    Where the specific goods are in a deliverable state but the seller has to do some act to ascertain the price, the property in the goods is transferred to the buyer when the
    • A. 

      Seller does that act.

    • B. 

      Buyer comes to know about the same.

    • C. 

      Both (a) and (b).

    • D. 

      Only (a).

  • 19. 
    In case of sale of specific goods on instalments, the ownership is transferred to the buyer at the time of
    • A. 

      Making the contract

    • B. 

      Paying the first installment

    • C. 

      Either (a) or (b)

    • D. 

      None of these.

  • 20. 
    In case of sale on instalments, the intention of the parties is that the ownership should not be transferred until the last installment is paid
    • A. 

      True

    • B. 

      False

  • 21. 
    The legal provisions relating to transfer of ownership in case of sale of specific goods, are contained in
    • A. 

      Section 17 to 19

    • B. 

      Section 20 to 22

    • C. 

      Section 23

    • D. 

      Section 24.

  • 22. 
    In case of sale of unascertained goods the ownership is transferred to the buyer, when the goods are
    • A. 

      Ascertained

    • B. 

      Appropriated to the contract

    • C. 

      Weighed and measured

    • D. 

      Both (a) and (b).

  • 23. 
    The ascertainment of goods is a
    • A. 

      Unilateral act of seller.

    • B. 

      Bilateral act of both.

    • C. 

      Unilateral act of buyer.

    • D. 

      None of these.

  • 24. 
    The 'ascertainment ' is a process by which the goods to be delivered under the contract are
    • A. 

      Delivered by the seller,

    • B. 

      Identified by the seller.

    • C. 

      Identified by the buyer.

    • D. 

      Accepted by the buyer.

  • 25. 
    The 'appropriation' of goods is a
    • A. 

      Unilateral act of seller.

    • B. 

      Bilateral act of both.

    • C. 

      Unilateral act of buyer.

    • D. 

      None of these.

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