Business Regulatory Framework

M

Mr. Dubey • 51.17K Points
Coach

Q 11. The subject matter of the contract under Sale of goods Act must be

(A) Money
(B) Goods
(C) Immovable Goods
(D) All of the above
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M

Mr. Dubey • 51.17K Points
Coach

Q 12. The sale of Goods Act enforces in the year

(A) 1935
(B) 1930
(C) 1945
(D) 1955
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M

Mr. Dubey • 51.17K Points
Coach

Q 13. It is a standard rule that risk follows ____________________

(A) Seller
(B) buyer
(C) property
(D) Possession
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M

Mr. Dubey • 51.17K Points
Coach

Q 14. ___________________ and _______________ are the two parties involved in Contract of sale

(A) Seller & Buyer
(B) Agent & Principle
(C) Customer & Sales man
(D) Customer and supplier
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M

Mr. Dubey • 51.17K Points
Coach

Q 15. __________________________ is the concept of “LET THE BUYER BEWARE”.

(A) Information Center
(B) Unfair Trade Practices
(C) Caveat Emptor
(D) Buyer Kingdom
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M

Mr. Dubey • 51.17K Points
Coach

Q 16. _________________ is a Stipulation which is Collateral to purpose of contract

(A) Condition
(B) Warranty
(C) Guaranty
(D) Collateral Contract
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M

Mr. Dubey • 51.17K Points
Coach

Q 17. Goods that are identified at the time of contract of sale is called _______________ goods

(A) Specific
(B) ascertained
(C) clear Goods
(D) both a & b
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M

Mr. Dubey • 51.17K Points
Coach

Q 18. The sale of goods Act deals only with goods which are ______________ in nature

(A) Immovable
(B) Movable
(C) Specific
(D) All of the above
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Mr. Dubey • 51.17K Points
Coach

Q 19. Condition is a stipulation which is

(A) Essential to the main purpose of contract
(B) Collateral to the main purpose of contract
(C) Not essential to the main purpose of contract
(D) Collateral to the main purpose of contract
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M

Mr. Dubey • 51.17K Points
Coach

Q 20. The tax which was not merged into GST

(A) Counterveiling Duty
(B) Excise duty
(C) Basic Customs Duty
(D) Purchase tax
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