alleryStart learning →Buyer dishonours the bill but keeps the railway receipt. Result?
AHe becomes owner anyway
BThe seller loses the goods
CThe bill is cancelled
DProperty does not pass to him
Answer & Solution
Correct answer: D. Property does not pass to him
A buyer who wrongfully retains the bill of lading or railway receipt after dishonouring the bill does not get property in the goods.
Keep practising Sale of Goods — Transfer of Ownership and Delivery
Browse all Sale of Goods — Transfer of Ownership and Delivery questions for CA Foundation, or explore more Businesslaw topics.
Related questions
Buyer ignores ready delivery for a reasonable time. His liability?A buyer rightly refuses delivered goods. Unless agreed, what must he do?What makes a buyer deemed to have accepted delivered goods?Buyer acts against seller's ownership of delivered goods. Result?Buyer gets unexamined goods. Deemed acceptance comes when?Delivery is at the seller's risk at a distant place. Who bears transit deterioration?The seller gives no notice for sea insurance. Whose risk is the sea transit?Goods go by sea where insurance is usual. What must the seller do?