New ! Commerce MCQ Practise Tests



The Sale of Goods Act, 1930 Model Question Paper 1

12th Standard

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Commerce

Time : 01:00:00 Hrs
Total Marks : 50
    5 x 1 = 5
  1. The property in the goods means the

    (a)

    Possession of goods

    (b)

    Custody of goods

    (c)

    Ownership of goods

    (d)

    Both (a) and (b)

  2. Specific goods denote goods identified upon the time of___________ of sale.

    (a)

    Agreement

    (b)

    Contract

    (c)

    Order

    (d)

    Obligation

  3. The unpaid seller can exercise his right of stoppage of goods in transit where the buyer.

    (a)

    Becomes insolvent

    (b)

    Refuses to pay price

    (c)

    Payment of price

    (d)

    Both (b) and (c)

  4. Which of the following determined with reference to the terms and conditions of the contract?

    (a)

    Condition

    (b)

    Warranty

    (c)

    Both 'a' and 'b'

    (d)

    None of these

  5. Section 2, the sale of Goods Acts is about

    (a)

    Principles

    (b)

    Definitions

    (c)

    Exceptions

    (d)

    None of above

  6. 5 x 2 = 10
  7. What is a contract of sale of goods?

  8. List down the essential elements of a contract of sale.

  9. What is a Contingent Goods?

  10. What do you understand by warranty?

  11. What is price?

  12. 5 x 3 = 15
  13. Discuss the implied conditions and warranties in sale of goods contract.

  14. Discuss in detail the rights of an unpaid seller against the buyer personally.

  15. What are the difference between specific goods, Ascertained goods, and unascertained goods.

  16. Explain the term 'Transfer of property' with an example.

  17. Write a short note on conditions with examples.

  18. 4 x 5 = 20
  19. Explain in detail the elements of Contract of sale.

  20. Distinguish between sale and agreement to sell.

  21. Discuss in detail the rights of an unpaid seller against the goods.

  22. Discuss in detail the rights of an unpaid seller against the buyer.

*****************************************

Reviews & Comments about 12th Commerce - The Sale of Goods Act, 1930 Model Question Paper 1

Write your Comment