Contract of sale of goods

The Sale of Goods Act came into existence in

• 1872

• 1930

• 1969

• 2000

"Goods" do not include

• Movable property

• Bills of exchange

• Immovable property

• Intangible goods

A agrees to sell to B a good he neither owns nor possesses. The contract is

• Valid

• Void

• Voidable

• Void ab initio

Unless otherwise agreed, time of ________ is deemed to be of essence

• Payment

• Delivery

• Payment and delivery both

• Neither payment nor delivery

Stipulation essential to main purpose of contract is called

• Bailment

• Pledge

• Condition

• Warranty

Breach of warranty can be treated as breach of condition

• True

• False

Which of the following is not an implied condition? Condition as to

• title

• quiet possession

• quality

• merchantability

Disclosing dangerous nature of goods to an innocent buyer is an implied

• Conditon

• Warranty

Which statement is correct?

• Property passes with possession

• Risk passes with possession

• Risk passes with property

• None of the above

Delivery to carrier is tantamount to delivery to buyer

• True

• False

• True if right to disposal is not reserved

• True if right to disposal is reserved