CA Foundation Sale of Goods — Formation of the Contract of Sale — practice questions
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Practice CA Foundation Sale of Goods — Formation of the Contract of Sale in the app →The Sale of Goods Act, 1930 applies to contracts for the sale of:Under Section 2(7), 'goods' means every kind of movable property and includes stock, shares and growing crops,Which of the following is NOT 'goods' under the Sale of Goods Act, 1930?'Specific goods' under Section 2(14) are goods that are:A wholesaler agrees to sell 50 bales out of 100 in his godown and sets those 50 aside. The 50 bales become:A contract for the sale of 'future goods' (Section 2(6)) operates as:Goods whose acquisition by the seller depends on an uncertain contingency (Section 6(2)) are 'contingent goodsIn a 'sale' as opposed to an 'agreement to sell', the property in the goods passes to the buyer:Where goods are destroyed after the contract, who bears the loss differs because risk follows ownership. In a A 'sale' creates a right against the whole world, whereas an 'agreement to sell' creates a right only against Under Section 4(1), a contract of sale of goods is one whereby the seller transfers or agrees to transfer the A agrees to exchange his old car for B's new car, paying the difference in cash. This transaction is:Under Section 2(2), 'delivery' means:Handing over the keys of a warehouse containing the goods to the buyer is an example of:Where a warehouseman holding the seller's goods acknowledges to the buyer that he now holds them on the buyer'Which of the following is a 'document of title to goods' under Section 2(4)?When goods are pledged, the pawnee acquires a 'special property' while the pledgor retains the 'general properIn a hire-purchase agreement (as distinguished from a sale), the position of the hirer until the last instalmeWhere gold is supplied to a goldsmith to make an ornament, or an artist is asked to paint a portrait, the contUnder Section 7, a contract for the sale of specific goods is void if, at the time of the contract and withoutThere is an agreement to sell specific goods; before the risk passes and without fault of either party, the goUnder Section 9, the price in a contract of sale may be fixed by the contract, fixed in a manner provided by iUnder Section 10, where the price is to be fixed by a third-party valuer who fails to do so, the agreement is The Sale of Goods Act, 1930 came into force on: