Business Laws MCQs and Notes
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Q 11. An unpaid seller is having rights against
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Q 12. The unpaid seller has right of stoppage of goods in transit only where the buyer
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Q 13. Where the seller wrongfully neglects or refuses to deliver the goods to the buyer, the buyer may sue for:
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Q 14. As per the doctrine of caveat emptor incorporated in Section 16, there is no implied conditions or warranty in a contract of sale as to the
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Q 15. Where the goods are sold by description, there is an implied condition that the goods shall
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Q 16. A sold a stolen car to B which was subsequently recovered by the police form B's possession and he (B) was forced to return the same to the true owner. Here, there is breach of implied condition as to
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Q 17. Future goods mean goods to be manufactured or produced or acquired by the seller
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Q 18. A minor was facing a criminal prosecution for smuggling drugs. He borrowed Rs. 5000 to hire an advocate to defend him in the court of law. What is the remedy available to the creditor if the minor does not return the money on his own?
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Q 19. Wagering Agreement is a _____________ agreement
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