1. The money consideration for a sale of goods is called --------
a) Purchase money
b) price
c) value
d) None of the above
2.The Sale of Goods Act, 1930 deals with ---------
a) Immovable property only
b) Movable property only
c) Both (A) and (B)
d) None of the above
3. An agreement to sell is an executory contract. The statement is
a) True
b) False
c) Depends
d) None of the above
4.Which of the following is a bailment plus agreement to sell?
a) Pledge
b) Hire purchase
c) Mortgage
d) None of the above
5. A stipulation essential to the main purpose of the contract is ---------.
a) Warranty
b) Condition
c) Obligation
d) none of the above
6.A stipulation collateral to the main purpose of the contract is ------
a) Condition
b) Warranty
c) Obligation
d) none of the above
7. Which of the following sections of the Sale of Goods Act, 1930 deals with implied conditions and warranties
a) Sections 13 to 16
b) Sections 14 to 17
c) Sections 15 to 18
d) Sections 16 to 18
8. Conditions and Warranties in a contract may be -------
a) Express
b) Implied
c) Express or implied
d) None of the above
9.Which of the following is an implied warranty?
a) As to undisturbed possession
b) As to non-existence of encumbrances
c) As to disclosure of dangerous nature of goods
d) All of the above
10. A breach of condition may be treated as a breach of warranty and not vice versa. The statement is
a) True
b) False
c) Depends
d) None of the above