Quiz - Actions for Breach of Contract of Sale of Goods

Quiz - Actions for Breach of Contract of Sale of Goods

University

18 Qs

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Quiz - Actions for Breach of Contract of Sale of Goods

Quiz - Actions for Breach of Contract of Sale of Goods

Assessment

Quiz

Business

University

Practice Problem

Hard

Created by

Judy Ramirez

Used 27+ times

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18 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

This includes all chattels personal but not things in action or money of legal tender in the Philippines. The term includes growing fruits or crops.

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

In general, the actions available for breach of the contract of sale of goods are the following except

action by the seller for payment of the price

action by the seller for damages for non-acceptance of the goods

action by the seller for rescission of the contract

action by the buyer for damages for non-acceptance of the goods

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

In general, the actions available for breach of the contract of sale of goods are the following

action by the seller for rescission of the contract

action by the buyer for specific performance

action by the buyer for rescission or damages for breach of warranty

action by the seller for specific performance

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The following statements are the cases when an action for the price of goods under a contract of sale can be maintained by the seller. Choose the incorrect statement.

when the ownership of the goods has passed to the buyer and he wrongfully neglects or refuses to pay for the price

when the price is payable on a certain day and the buyer wrongfully neglects or refuses to pay such price, irrespective of delivery or of transfer of title

when the goods cannot readily be resold for a reasonable price and the buyer wrongfully refuses to accept them even before the ownership in the goods has passed, if the provisions are not applicable.

when the price is payable on a certain day and the buyer rightfully neglects or refuses to pay such price, irrespective of delivery or of transfer of title

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The following statements are the seller's right of action for damages. Choose the incorrect statement.

if the buyer without lawful cause neglects or refuses to accept and pay for the goods he agreed to buy

in an executory contract, the ownership in the goods has not passed, and the seller cannot maintain an action to the price

if the goods are not yet identified at the time of the contract or subsequently

if the goods are identified at the time of the contract or subsequently

6.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

What is the measure of the damage which is the estimated loss directly and naturally resulting from the buyer's breach of contract?

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What is the measure of damage wherein if there is no available market in which the goods can be sold at the time, the seller is entitled to what has really been sustained by thee breach of contract?

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