The Sale of Goods Act, 1930 – Transfer of Property 0 The Sale of Goods Act, 1930 - Transfer of Property 1 / 30 Q.30 In a contract for sale of specific goods the seller has a right of disposal until conditions are fulfilled has a right of disposal until goods are delivered has a right of disposal until price is paid All of these 2 / 30 Q.29 The ownership, in case of sale on approval, is transferred to the buyer when the buyer accepts the goods when the seller sales the goods when the buyer fails to return the goods All of these 3 / 30 Q.28 When the goods with the mutual consent of the seller & the buyer ,is used in performance of the contract it is called Distribution appropriation Amortization All of these 4 / 30 Q.27 where there is a contract for the sale of specific or ascertained goods the property in them are transferred to the buyer at such time as the parties to the contract intend it to be transferred at the time of the contract on registration of the contract as to buyer wants 5 / 30 Q.26 Where there is a contract for the sale of unascertained or future goods by description & goods of that description & in a deliverable state are unconditionally appropriate to the contract the property in the goods thereupon passes to the buyer the property in the goods thereupon passes to the buyer with consent of the seller Both (a) & (b) None of these 6 / 30 Q.25 Where there is a contract for sale of specific goods & the seller is bound to do something to the goods for the purpose of putting them into a deliverable state the property does not pass until such test is done & the buyer has notice thereof the property does not pass until such thing is done the property does not pass at all the property passes when the contract is made 7 / 30 Q.24 Passing of the property in the goods means delivery of goods by the seller to the buyer transfer of ownership of the goods transfer of custody of goods delivery of the documents to the title of goods 8 / 30 Q.23 Where in a contract the transfer of the property in the goods is to take place at a future time the contract is called sale Agreement to sell hire purchase Auction sale 9 / 30 Q.22 An agreement to sell becomes a sale when the time elapses when the condition are fulfilled subject to which the property in the goods is to be transferred when the time elapses or the condition are fulfilled subject to which the property in the goods is to be transferred All of these 10 / 30 Q.21 Where under a contract of sale the property in the goods in transferred from the seller to the buyer the contract is called sale Agreement to sell lease none of these 11 / 30 Q.20 Goods means every kind of ____property & does not include actionable claim & money movable immovable immovable intangible 12 / 30 Q.19 Goods which are identified at the time of contract are known as specific goods Existing Goods future goods generic goods 13 / 30 Q.18 The law relating to sale of immovable property are dealt under the Indian Contract Act ,1872 the Transfer of Property Act ,1872 the Sale of Goods Act , 1930 the code of Civil Procedure ,1908 14 / 30 Q.17 A mate's receipt is a document of title to goods an acknowledgement for the receipt of goods Both (a) & (b) none of these 15 / 30 Q.16 Which of the following is not a document of title of goods ? Bill of Lading Railway Receipt Dock Warrant Proforma invoice 16 / 30 Q.15 Which of the following is document to title dalil lease deed promissory notes stamped receipt 17 / 30 Q.14 Which of the following is document to title of goods wharfinger's certificate warehouse keeper's certificate Both (a) & (b) none of these 18 / 30 Q.13 Which of the following is document to title of goods Railway receipt tax challan gate pass All of these 19 / 30 Q.12 Document of title authorises a person to have right over the goods to transfer the goods to receive the goods as buyer All of these 20 / 30 Q.11 Title by estoppels Goods sold if they are under the danger of perishing Buyer buys the goods 'in good faith' Title by preventions of claim or assertion of law Buyer gets valid title even if the seller is not the owner 21 / 30 Q.10 Trade useage Seller excluding his liability Stipulation essential to main purpose of the contract Parties not held liable for breach of contract Stipulation subsidiary to main purpose of contract 22 / 30 Q.9 Which of the following is a document of title of goods ,1.Bill of lading , 2.Railway receipt , 3. Dock Warrant , 4. Performa invoice 2 , 3 All the above 1, 2 , 3 2 , 3 , 4 23 / 30 Q.8 In case of sale on approval ,the ownership is transferred to the buyer when He accepts the goods He adopts the transaction He fails to return the goods within reasonable time In all the above cases 24 / 30 Q.7 In case of unconditional contract of sale ,the property passes to the buyer at the time of making the contract. For this rule to apply ,the goods must be Specific In a deliverable state Physically transferred to buyer Both (a) & (b) 25 / 30 Q.6 The property in goods means the Possession of goods Custody of goods Ownership of goods Both (a) & (b) 26 / 30 Q.5 Voluntary transfer of possession by one person to another is popularly known as Transfer Possession Delivery None of these 27 / 30 Q.4 Where there is an unconditional contract for sale of specific goods in a deliverable state, the property in the goods passes to the buyer when The goods are delivery to the buyer The price is paid by the buyer The contract is made The buyer accepts the goods 28 / 30 Q.3 In which form of the contract ,the property in the goods passes to the buyer immediately ? Sale Agreement to sell Hire-purchase contract Sale on installment 29 / 30 Q.2 A mercantile Agent is has an authority to Sell or consign goods Sell money or the sale of goods Either (a) or (b) Both (a) and (b) 30 / 30 Q.1 Under Sale of Goods Act ,1930 the terms 'Goods' means every kind of movable property & it includes Stock & shares Growing crops , grass Both (a) & (b) None of these Your score is LinkedIn Facebook Twitter VKontakte