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Sale of contract

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is the purpose behind the enactment of Sale of Goods Act, 1930?

a)

To define the laws relating to the sale of goods

b)

To consolidate and amend the laws relating to the sale of goods

c)

To consolidate, amend and define the laws relating to the sale of goods

d)

To define and amend the laws relating to the sale of goods

2.

Section 2(1) of Sale of Goods Act defines ‘buyer’ as:

a)

Person who buys goods and services

b)

Person who agrees to buy goods

c)

Person who buys or agrees to buy goods

d)

Person who buys or agrees to buy goods and services

3.

Before the enactment of Sale of Goods Act, the provisions regarding Sale of Goods were contained in:

a)

Indian Contract Act, 1872

b)

Indian Registration Act, 1908

c)

Transfer of Property Act, 1882

d)

Indian Partnership Act, 1932

4.

Which of the following cannot be said to be included in the term “goods” defined under section 2(7) of the Sale of Goods Act, 1930:

a)

Stock

b)

Shares

c)

Growing crops

d)

Actionable claims

5.

Which of the following most appropriately describes the term “sale” as per Sale of Goods Act, 1930:

a)

A contract whereby seller transfers the property in goods

b)

A contract whereby seller transfers or agrees to transfer the property in goods to the buyer for a price

c)

A contract where transfer of the property in goods is to take place at a future time

d)

A contract where transfer of the property in goods is to take place subject to some condition thereafter to be fulfilled

6.

A contract of sale may be made:

a)

A in writing or by word of mouth

b)

partly in writing of partly by word of mouth

c)

by the implied conduct of parties

d)

All of the above

7.

The sale of goods Act deals only with goods which are ______________ in nature

a)

Immovable

b)

Movable

c)

Specific

d)

All of the above

8.

Goods that are identified at the time of contract of sale is called ________________ goods

a)

Specific Goods

b)

Ascertained goods

c)

Clear Goods

d)

Both a & b

9.

___________________ and _______________ are the two parties involved in Contract of sale

a)

Seller & Buyer

b)

Agent & Principle

c)

Customer & Salesman

d)

Customer and supplier

10.

The sale of Goods Act enforces in the year

a)

1935

b)

1930

c)

1945

d)

1955