A. Goods only
B. The buyer only
C. Both goods and buyer
D. None of the above
✅ The correct answer is option C.
40. Seller has right of resale where
A. Goods are perishable
B. Seller has reserved such right.
C. Seller gives notice
D. All of these.
✅ The correct answer is option D.
23. The voluntary transfer of possession from one person to another is called
A. Transfer
B. Change of possession
C. Delivery
D. None of above
✅ The correct answer is option C.
21. The agent having in customary course of business as such agent authority either to sell goods or to consign goods for the purpose of sale or to buy goods or to raise money on the security of goods is called
A. Agent
B. Mercantile agent
C. Partner
D. None of above
✅ The correct answer is option B.
19. According section 5(2) subject to provision of any law for the time being in force a contract of sale may be
A. Made in writing
B. By words of mouth
C. Partly in writing or partly in words of mouth
D. All above ways
✅ The correct answer is option A.
16. A stipulation in contract of sale with reference to goods which are the subject there of may be
A. A condition
B. A warranty
C. Both (a) and (b)
D. None of above
✅ The correct answer is option C.
35. Where an unpaid seller has made part delivery of the goods he may exercise his Right of _______
A. Return of remaining goods
B. Lien on the remaining goods
C. Sale to any other person
D. None of above
✅ The correct answer is option B.
34. Delivery of key of the warehouse by the seller to the buyer will amount to:
A. Symbolic Delivery
B. Actual Delivery
C. Constructive Delivery
D. No delivery
✅ The correct answer is option A.
33. The Right of Lien is exercised:
A. To retain the possession of goods
B. To regain the possession of goods
C. To resell the goods
D. To transfer the goods
✅ The correct answer is option A.
32. Which company shares can be freely transferable?
A. Private company
B. Public company
C. Both a & b
D. None of the above
✅ The correct answer is option B.