Business Regulatory Framework MCQs

M

Mr. Dubey • 95.57K Points
Coach

Q 1. A sale is a ______________ contract

  • (A) Implied
  • (B) Executed
  • (C) Agreed
  • (D) Executory

M

Mr. Dubey • 95.57K Points
Coach

Q 2. Transfer or agree to transfer the _____________ of the goods is the purpose of sale of goods Act

  • (A) Property
  • (B) Possession
  • (C) Value
  • (D) Usage

M

Mr. Dubey • 95.57K Points
Coach

Q 3. A consideration in contract of sale must be ______________ only

  • (A) Goods
  • (B) movable only
  • (C) price
  • (D) Purchase

M

Mr. Dubey • 95.57K Points
Coach

Q 4. The subject matter of the contract must necessarily be _____________

  • (A) Sale
  • (B) Product
  • (C) Service
  • (D) Goods

M

Mr. Dubey • 95.57K Points
Coach

Q 5. The goods must be ________ goods for transferring the property in the goods

  • (A) Ascertained
  • (B) Unascertained
  • (C) Future
  • (D) All of the above

M

Mr. Dubey • 95.57K Points
Coach

Q 6. As per Sale of goods Act Movable goods does not include

  • (A) Gas
  • (B) Growing crop
  • (C) Electricity
  • (D) Money

M

Mr. Dubey • 95.57K Points
Coach

Q 7. Which of the following is not a subject matter in a Sale of goods Act

  • (A) Trade mark
  • (B) Good will
  • (C) Money
  • (D) Water

M

Mr. Dubey • 95.57K Points
Coach

Q 8. In Agreement to sell the transfer of property in goods from the seller to the buyer takes place

  • (A) At the end of contract
  • (B) Immediately
  • (C) In a future Date
  • (D) Both b&c

M

Mr. Dubey • 95.57K Points
Coach

Q 9. In sale the transfer of property in goods from the seller to the buyer takes place

  • (A) At the end of contract
  • (B) Immediately
  • (C) In a future Date
  • (D) Both a&b

M

Mr. Dubey • 95.57K Points
Coach

Q 10. Sale under Sale of goods Act is a/an ____________________ contract

  • (A) Executory
  • (B) Executable
  • (C) Executed
  • (D) None of the above

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