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CA Foundation Sale of Goods Act: Formation of the Contract — practice questions

Explore 47 free Sale of Goods Act: Formation of the Contract questions in CA Foundation Businesslaw. Open each question or exercise to read its content, reference answers and available explanation.

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Sale of Goods Act: Formation of the Contract questions and exercises with answers

Showing questions 1–30 of 47.

Things attached to land count as goods when they are:Read the answer and worked solution →Delivery of goods under the Sale of Goods Act means:Read the answer and worked solution →Future goods are goods that the seller:Read the answer and worked solution →Under the Act, price means:Read the answer and worked solution →A person is insolvent under the Act if he has:Read the answer and worked solution →Under the Act, a seller is a person who:Read the answer and worked solution →The quality of goods under the Act includes their:Read the answer and worked solution →Goods are in a deliverable state when the buyer:Read the answer and worked solution →A mercantile agent may have authority to:Read the answer and worked solution →Which Act's unrepealed provisions still apply to sale contracts?Read the answer and worked solution →In the Juggilal Kamlapat case, a delivery order was held to be:Read the answer and worked solution →In a contract of sale, the seller transfers or agrees to transfer:Read the answer and worked solution →A contract of sale of goods can exist between:Read the answer and worked solution →If ownership passes from seller to buyer under the contract, it is called:Read the answer and worked solution →If ownership is to pass later or on a condition, the contract is called:Read the answer and worked solution →An agreement to sell becomes a sale when:Read the answer and worked solution →On 1 January A agrees to pass ownership of a car to B on 1 March. On 1 January this is:Read the answer and worked solution →Ravi sells his cow to Meena and ownership passes on agreement. This contract is a:Read the answer and worked solution →A contract of sale is made by an offer to buy or sell goods for a price and its:Read the answer and worked solution →A contract of sale may provide for payment of the price:Read the answer and worked solution →The subject of a sale contract may be:Read the answer and worked solution →A purported present sale of future goods operates as:Read the answer and worked solution →Specific goods had perished unknown to the seller before the contract. The contract is:Read the answer and worked solution →The price in a contract of sale may be fixed:Read the answer and worked solution →If the price is not determined in any agreed way, the buyer pays:Read the answer and worked solution →What is a reasonable price is:Read the answer and worked solution →The valuer fails but the buyer has appropriated delivered goods. The buyer must pay:Read the answer and worked solution →A valuer is prevented from valuing by the fault of one party. Then:Read the answer and worked solution →A condition in a contract of sale is a stipulation that is:Read the answer and worked solution →Breach of a condition by the seller gives the buyer the right to:Read the answer and worked solution →

Worked practice questions

Things attached to land count as goods when they are:

  1. Held on lease by the buyer
  2. Agreed to be severed before sale
  3. Used as a farm boundary
  4. Valued above a set amount
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Correct answer: B. Agreed to be severed before sale

Only things attached to land that are agreed to be severed before sale or under the contract are goods.

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Delivery of goods under the Sale of Goods Act means:

  1. Voluntary transfer of possession
  2. Voluntary transfer of ownership
  3. Inspection of goods by buyer
  4. Payment of the full price
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Correct answer: A. Voluntary transfer of possession

Delivery is defined by possession moving voluntarily from one person to another, not by ownership or payment.

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Future goods are goods that the seller:

  1. Bought from the buyer earlier
  2. Will make or acquire later
  3. Already owns at the contract date
  4. Has stored in a warehouse now
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Correct answer: B. Will make or acquire later

Future goods are those manufactured, produced or acquired by the seller after the contract is made.

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