Comm law quiz (group 2)

Comm law quiz (group 2)

University

10 Qs

quiz-placeholder

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Comm law quiz (group 2)

Comm law quiz (group 2)

Assessment

Quiz

Other

University

Practice Problem

Hard

Created by

Shree Balaji

Used 2+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

WHAT SECTION AND SUBSECTION DEFINES THE CONCEPT OF A "CONDITION"?

SEC 12(3)

SEC 15(2)

SEC 15(1)

SEC 12(2)

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

COMPLETE THE FOLLOWING SENTENCE:
A warranty is a stipulation which is _____ to the main purpose of the contract.

VITAL

COLLATERAL

COHESIVE

PERIPHERAL

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

WHICH HEADING DOESN'T BELONG HERE?

(answer choices are that of the distinction between a condition and a warranty)

DIFFERENCE AS TO VALUE

DIFFERENCE AS TO BREACH

DIFFERENCE AS TO DURATION

DIFFERENCE AS TO TREATMENT

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

"Where a contract of sale is subject to any condition, the buyer may waive the condition..."

What heading does this come under?

Answer explanation

Voluntary waiver of condition: Where a contract of sale is subject to any condition, the buyer may waive the condition, or elect to treat the breach of the condition as a breach of warranty (Sec. 13 (1)). If the buyer once decides to waive the condition, he cannot afterwards insist on its fulfilment.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

WORDLE!!

find the missing letters.

question : sale by SA____

M,P,L,E
(Sample)

V,E,R,S

(Savers)

P,L,E,S

(Saples)

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which heading is the odd one out?

topic:implied warranties

warranty of quiet possesion

warranty of freedom from encumbrances

warranty implied by customs

warranty as to quality and fitnes by usage of trade

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the meaning of caveat emptor?

let the buyer choose

let the buyer know

let the buyer understand

let the buyer beware

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