WorksheetsSales of Goods Law
Total questions: 25
Worksheet time: 25mins
Who is buyer?
a person who buys or agrees to buy goods.
a person who is still negotiating
a person who offers to sell goods
a person who is disagree to buy goods
Goods is defined as?
(a)
Based on the definition, nearly every movable thing are...
goods
except money and actionable claims for debts or others.
immovable property
perishable goods
Goods are of two types. Namely
Existing Good; owned or possessed by seller
private goods
future goods
public goods
With a contract of sale, when will the property in the goods be transferred from the seller to the buyer?
As soon as the goods have been paid for
As soon as the goods have been delivered
As soon as the contract is made
As soon as possible
What is meant by the term "specific goods"?
Specific goods are goods that are identified and agreed upon at the time a contract of sale is made.
Specific goods are goods that have been specifically made to fulfil the buyer's order
Specific goods are goods that have a specific (rather than a general) use
Specific goods are goods that the seller has had to order specifically for the buyer
What are "existing goods"?
Existing goods are goods that the seller has left over from a previous sale.
Existing goods are goods that are either owned or possessed by the seller.
Existing goods are goods that the seller knows exist but needs to order them specifically for the buyer.
Existing goods are goods that have already been manufactured and therefore exist.
What are "future goods"?
Future goods are goods that the seller needs to order specifically to fulfil the contract of sale.
Future goods are goods that the buyer does not take with him/her at the time of purchase but are to be delivered at a future time
Future goods are goods to be manufactured or acquired by the seller after the making of the contract of sale.
Future goods are goods sold on credit which the buyer can pay for in the future
What is a term of contract?
Terms of a contract are conditions which exist in the contract of sale, whether expressed or implied
Contract terms may be express or implied and they may be classed as either conditions or warranties terms.
Terms is not important for this topic
An agreement will generally consist of various terms
What happen if in an express, it has not been fulfilled?
if not fulfilled the innocent party may bring an action for breach of contract.
if not fulfilled the innocent party may bring an action for misrepresentation.
the innocent party may sue on the collateral contract.
The main contract remains intact.
Which law would be broken if an employee refused to wear safety equipment provided by the business?
Equality Act (2010)
Health and Safety at Work Act (1974)
Consumer Rights Act (2015)
Trades Description Act (1968)
Which of the following is a drawback to a business of behaving in an environmentally responsible way?
Sales increase due to positive public image
Brand reputation is improved
Publicity may not persuade customers to buy
Easier to motivate and recruit employees
Which of following is most likely to occur as interest rates fall?
Sales of luxury products increase
Sales of essential products increase
Sales of luxury products decrease
Sales of essential products decrease
A business that uses renewable energy, such as solar and wind power, aims to reduce:
Recycling
Global warming
Traffic congestion
Waste disposal
