CSEET · Business Laws and Management · Elements of Law relating to Sale of Goods
Match the provision with its effect under the Sale of Goods Act, 1930. P. Delivery and payment, unless otherwise agreed; Q. Sale of goods by description from a dealer; R. Buyer relies on seller's skill for a stated purpose. 1. Implied condition of merchantable quality; 2. Implied condition of reasonable fitness; 3. Concurrent conditions.
The correct matching is P-3, Q-1, R-2. Delivery and payment are concurrent conditions unless otherwise agreed, goods bought by description from a dealer carry an implied condition of merchantable quality, and reliance on the seller's skill for a stated purpose gives an implied condition of reasonable fitness.
- AP-3, Q-1, R-2Correct
- BP-1, Q-3, R-2
- CP-3, Q-2, R-1
- DP-2, Q-1, R-3
Explanation
Section 32 makes delivery and payment concurrent conditions unless otherwise agreed (P-3). Section 16(2) gives merchantable quality for sales by description from a dealer (Q-1). Section 16(1) gives reasonable fitness where the buyer relies on the seller's skill for a stated purpose (R-2).
Did you get it right without looking?
One question tells you little. A timed set on Elements of Law relating to Sale of Goods shows your real accuracy, how long you take and where you lose marks.
More Elements of Law relating to Sale of Goods questions
- Mohan Traders agrees to sell a particular stock of 200 bags of basmati rice lying in its godown at Karnal. Under the Sale of Goods Act, 1930…
- Under the Sale of Goods Act, 1930, a contract for the sale of specific goods is made on a date when, unknown to the seller, the goods had al…
- Dev, a dealer, delivers a laptop to Esha on approval. No time is fixed for return. Esha neither says anything to Dev nor sends any notice of…
- Under the Sale of Goods Act, 1930, where a contract is for the sale of unascertained goods by description, the property in the goods passes …
- Under the Sale of Goods Act, 1930, which of the following is a correct statement about 'specific goods' as distinguished from 'future goods'…
- Sharma Traders in Indore contracts to sell 200 bags of a specified grade of wheat to Gupta Mills in Kanpur. Sharma delivers 200 bags of that…