The Sale of Goods Act, 1930 – Unpaid Seller and Auction Sale 0 The Sale of Goods Act, 1930 - Unpaid Seller and Auction Sale 1 / 29 Q.30 The unpaid seller of goods in possession of them is entitled to retain possession of them is entitled to retain possession until payment of the price where the goods have been sold other than on credit where the goods have been sold other than on credit ,but the term of credit has expired where the buyer becomes insolvent All of these 2 / 29 Q.29 An unpaid seller of goods has a lien on the goods for the period while he is in the possession of them a right of stoppage the goods in transit after he has parted with the possession of them a right of re-sale All of these 3 / 29 Q.28 An unpaid seller means a seller when the whole of the price has not been paid when the bill of exchange or other negotiable instrument received as conditional payment has been dishonoured only ( A) Both (a) & (b) 4 / 29 Q.27 A mercantile agent includes a factor an auctioneer a broker All of these 5 / 29 Q.26 Right of resale Right to retain possession of good until charges are paid Seller having the possession of the good sold Goods of perishable nature sold by an unpaid seller Suit for damages for non-accepting the goods 6 / 29 Q.25 Right of lien Right to retain possession of good until charges are paid Seller having the possession of the good sold Goods of perishable nature sold by an unpaid seller Suit for damages for non-accepting the goods 7 / 29 Q.24 Right against buyer Right to retain possession of good until charges are paid Seller having the possession of the good sold Goods of perishable nature sold by an unpaid seller Suit for damages for non-accepting the goods 8 / 29 Q.23 Right against goods Right to retain possession of good until charges are paid Seller having the possession of the good sold Goods of perishable nature sold by an unpaid seller Suit for damages for non-accepting the goods 9 / 29 Q.22 Goods sold on the fall of hammer Right of lien Constructive Delivery Wharf finger Auction sale 10 / 29 Q.21 Which of the following is the Right of unpaid seller 1.Right to re-sale , 2.Right to stop the goods in transit , 3. Right to lien , 4.Right to demand back the goods 2,3,4 1, 2 , 3 1, 3 ,4 1,2,3,4 11 / 29 Q.20 A seller is unpaid when 1. The whole of the price have not been tendered , 2. A negotiable instrument given has been dishonoured , 3. A bill of exchange given was dishonoured , 4. only a part of the price has only been paid. 1,2 & 3 2,3 & 4 1,2,3, & 4 None of the above 12 / 29 Q.19 Where in an auction sale notified with reserve price ,the auctioneer mistakenly knocks down the goods for the less than the reserve price ,then the auctioneer is Bound by auction Not bound by auction Liable for damages Both (a) & (b) 13 / 29 Q.18 Where in an auction sale ,the seller appoints more than one bidder, the sale is Void Conditional Voidable Illegal 14 / 29 Q.17 The bidder at an auction sale can withdrawn his bid Any time during auction Before the fall of hammer Before the payment of price None of these 15 / 29 Q.16 In which of the following cases, the unpaid seller loses his right of lien? Delivery of goods to buyer Delivery of goods to carrier Tender of price by buyer All of these 16 / 29 Q.15 In an auction sale if the seller makes use of pretended bidding to raise the price ,then the sale is Valid Void Voidable Illegal 17 / 29 Q.14 Where the buyer wrongfully neglects or refuses to accept & pay for the goods The seller may sue the buyer for damages for non-acceptance The seller may connot sue the buyer for damages for non-acceptance The seller can sue the buyer's banker for damages None of the above 18 / 29 Q.13 Where the buyer is deprived to goods by their true owner ,then the buyer May recover the price for the breach of the condition as to title Cannot recover the price for the breach of the condition as to title Either (a) or (b) None of these 19 / 29 Q.12 Where the seller wrongfully neglects to deliver the goods to the buyer , the buyer Cannot sue the seller for damages for non-delivery May sue the seller for damages for non-delivery Either (a) or (b) None of the above 20 / 29 Q.11 Under which circumstances the unpaid seller can exercise right of re-sale When the goods are of perishable nature When he gives notice to the buyer When he gives notice to the buyer of his intention to re-sale & the buyer does not within a reasonable some pay the price Both (a) & (c) 21 / 29 Q.10 Under which circumstances(s),can the right of stoppage be exercised by the unpaid seller ? The buyer has become insolvent The goods are in transit The seller must be unpaid All of the above 22 / 29 Q.9 Seller has right of resale where Goods are perishable Seller has reserved such right Seller gives notice All of these 23 / 29 Q.8 An auction sale is completed on the Deliver the goods Payment of price Fall of hammer None of the above 24 / 29 Q.7 Which of the following is a buyer's right against the seller in the case of breach of contract ? Suit for non-delivery Suit for specific performance Suit for damages for breach of warranty All of these 25 / 29 Q.6 Which of the following right can be exercised by an unpaid seller against the buyer , who is not insolvent Right of lien Right of stoppage in transit Both (a) & (b) None of these 26 / 29 Q.5 The essence of a right of lien is to---------- Deliver the goods Retain the possession of the goods Regain the possession of the goods Recover price form the buyer 27 / 29 Q.4 When the unpaid seller has parted with the goods to a carrier & the buyer has become insolvent he can exercise Right of lien Right of stoppage in transit Right of resale None of the above 28 / 29 Q.3 Under which of the following circumstances unpaid seller loses his right of lien By estoppels Where seller waived the right of lien Where the buyer or his agent lawfully obtains possession of the goods Any of these 29 / 29 Q.2 An unpaid seller is having rights against Goods only The Buyer only Both (a) & (b) None of these Your score is LinkedIn Facebook Twitter VKontakte