The Sale of Goods Act, 1930 One Mark Online Test

The Sale of Goods Act, 1930 One Mark Online Test (12th Standard Commerce)

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Sale of Goods Act was passed in the year

A.1940 B.1997 C.1930 D.1960

Which of the below constitutes the essential element of contract of sale?

A.Two parties B.Transfer of property C.Price D.All of the above

Which of the below is not a good?

A.Stocks B.Dividend due C.Crops D.Water

In case of the sale, the ____ has the right to sell

A.Buyer B.Seller C.Hirer D.Consignee

The property in the goods means the

A.Possession of goods B.Custody of goods C.Ownership of goods D.Both (a) and (b)

Before the Sale of Goods Act, 1930 was passed, contracts for the sale of goods were governed by the

A.Indian Contract Act, 1872 B.Negotiable Instruments Act, 1881 C.Indian Partnership Act, 1932 D.Consumer Protection Act, 1986

When goods are exchanged only for other goods, the transaction is not a sale. Which essential element of a contract of sale is missing?

A.Two parties B.Transfer of property C.Price D.Goods

Which of the following is excluded from the term 'goods' under the Sale of Goods Act?

A.Growing crops B.Goodwill C.Money D.Electricity

Which of the following is an actionable claim and therefore does not come under 'goods'?

A.Copyright B.Fixed Deposit Receipt C.Shares D.Trade mark

Q10

Under an agreement to sell, the goods are destroyed while they are in the buyer's possession. Who bears the loss?

A.The buyer B.The seller C.The carrier D.The buyer and the seller equally

Q11

An agreement to sell is a/an

A.executed contract B.executory contract C.barter D.pledge

Q12

Assertion (A): In a sale, if the goods are destroyed while still in the seller's possession, the loss falls on the buyer.
Reason (R): In a sale, the ownership in the goods passes to the buyer immediately.

A.Both A and R are true, and R is the correct explanation of A B.Both A and R are true, but R is not the correct explanation of A C.A is true, but R is false D.A is false, but R is true

Q13

A wants to buy a car from a showroom where many models at different prices are displayed. The displayed models represent

A.Specific goods B.Ascertained goods C.Unascertained goods D.Contingent goods

Q14

Contingent goods are a part of

A.Future goods B.Specific goods C.Ascertained goods D.Existing goods

Q15

A rice merchant agrees to supply basmati rice from Pakistan if he gets supplies. The basmati rice here represents

A.Existing goods B.Specific goods C.Contingent goods D.Ascertained goods

Q16

Match the type of goods with its example:
a. Specific goods - 1. A contractor agrees to supply rice bags for a marriage feast
b. Unascertained goods - 2. A painting to be sold only if the seller gets it from C
c. Future goods - 3. One saree chosen after examining several others
d. Contingent goods - 4. Car models displayed in a showroom

A.a-3, b-1, c-4, d-2 B.a-3, b-4, c-1, d-2 C.a-4, b-3, c-2, d-1 D.a-2, b-4, c-1, d-3

Q17

A delivers his scooter to B for a two-day trial run on approval, and B communicates his acceptance after two days. When does ownership pass to B?

A.When the scooter was delivered to B B.From the time B communicates his approval C.When B pays the price D.At the end of a reasonable time

Q18

In a contract for the sale of specific goods that are not in a deliverable condition, ownership passes to the buyer

A.at the time the contract is made B.when the seller has done what is needed to bring the goods into a deliverable condition C.when the buyer pays the price D.when the goods are handed to a carrier

Q19

Specific goods are in a deliverable state, but the seller has to weigh them to fix the price. When does ownership pass to the buyer?

A.At the time of the contract B.As soon as the rate per kg is agreed C.Only after the weighing is done and the buyer is informed of it D.Only when the buyer pays the full price

Q20

The process by which goods to be delivered are identified and set apart with the consent of both the seller and the buyer is called

A.Ascertainment B.Appropriation C.Delivery to the carrier D.Right of lien

Q21

A seller delivers goods to a carrier for transmission to the buyer, and the railway receipt is made out in the buyer's name. Ownership in the goods passes to the buyer

A.when the goods reach the buyer B.immediately on delivery to the carrier C.when the buyer pays the price D.when the buyer collects the railway receipt

Q22

Goods are sent on sale or return basis with no time fixed for their return. The buyer neither returns them nor rejects them. Ownership passes to the buyer

A.at once, on delivery of the goods B.on the expiry of a reasonable time C.only when the seller demands the price D.never, as no time was fixed

Q23

A delivers jewellery to B on sale or return basis, and B pledges the jewellery with C. When does ownership pass to B?

A.When the jewellery was delivered to B B.When B does the act of adopting the transaction by pledging it C.When B communicates his approval to A D.On the expiry of a reasonable time

Q24

A insists that the motorbike he buys must give a mileage of 50 km per litre, and he prefers a red colour. B supplies a bike giving 55 km per litre but in green. Here the preference for red colour is a

A.condition B.warranty C.condition as to title D.encumbrance

Q25

Consider the following statements on conditions and warranties:
1. On breach of a condition, the affected party can cancel the contract and claim damages.
2. On breach of a warranty, the affected party can cancel the contract.
3. Ownership cannot be transferred without fulfilling the conditions.
Which of these are correct?

A.1 and 2 only B.1 and 3 only C.2 and 3 only D.1, 2 and 3

Q26

"A watch that will not keep time or a pen that will not write" is the book's illustration of which implied condition?

A.Condition as to merchantability B.Condition as to wholesomeness C.Condition as to description D.Condition as to title

Q27

F bought milk from a dairy owner. The milk carried typhoid germs, and F's wife died after drinking it. The dairy owner was held liable for breach of the condition as to

A.sale by sample B.wholesomeness C.quiet possession D.trade usage

Q28

Find the odd one out with respect to the implied warranties in a contract of sale.

A.Quiet possession B.Freedom from any encumbrance C.Warranty in the case of dangerous goods D.Sale by sample

Q29

In a sale by sample, which of the following is NOT one of the conditions stated in the lesson?

A.The bulk of the goods must correspond with the sample in quality B.The buyer should have a reasonable opportunity of comparing the bulk with the sample C.The goods must be free from any defect rendering them unsaleable D.The buyer must pay the full price before comparing the bulk with the sample

Q30

Consider the following statements:
1. A seller who has received only a part of the price is an unpaid seller.
2. A seller is an unpaid seller when a negotiable instrument given to him has been dishonoured.
3. A seller who has received the whole of the price is an unpaid seller.
Which of these are correct?

A.1 only B.1 and 2 only C.2 and 3 only D.1, 2 and 3

Q31

An unpaid seller has transferred the documents of title to the buyer but still holds the goods. His right of lien is not affected so long as he

A.has sent the buyer a notice B.continues to be in possession of the goods C.has fixed the price D.has reserved a right of resale

Q32

The unpaid seller's right of stoppage in transit can be exercised when the goods are

A.still in the seller's own godown B.already with the buyer C.in the hands of a carrier, and the buyer has become insolvent D.with the buyer's agent

Q33

In which of the following cases does the unpaid seller NOT lose his right of lien?

A.He delivers the goods to a carrier without reserving the right of disposal B.The buyer or his agent lawfully obtains possession of the goods C.The seller waives his right of lien D.He transfers the documents of title to the buyer but keeps the goods in his custody

Q34

Match the unpaid seller's suits against the buyer personally with the situations:
a. Suit for price - 1. The buyer wrongfully refuses to accept the goods
b. Suit for damages for non-acceptance - 2. Ownership has passed and the buyer refuses to pay
c. Suit for interest - 3. A specific agreement exists for charging interest on the price
d. Suit for cancellation before the due date - 4. The buyer cancels the contract before the date of delivery

A.a-1, b-2, c-3, d-4 B.a-2, b-4, c-3, d-1 C.a-2, b-1, c-3, d-4 D.a-3, b-1, c-2, d-4

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This free online practice test covers The Sale of Goods Act, 1930 from the 12th Standard Commerce (Samacheer Kalvi) syllabus. Choose the number of questions and an optional time limit, then answer and submit — everything is checked in your browser, with the correct answers and a worked explanation shown at the end. For the full solutions to every question in this set, see the solved MCQs page.

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