Consumer Protection Test

Result

Consumer Protection Test - 20

Score
-
out of -
Rank
-
out of -

TIME Taken - -

SHARING IS CARING

If our Website helped you a little, then kindly spread our voice using Social Networks. Spread our word to your readers, friends, teachers, students & all those close ones who deserve to know what you know now.

Weekly Quiz Competition

Question 1
1 / -0

Goods does not include ___________.

A
Money and actionable claims

B
Growing Crops

C
Shares

D
None of the above

Solution

Goods does not include money and actionable claims. Money acts as a medium of exchange of goods and actionable claims refer to a claim to any debt.
Hence, option (A) is the correct answer.
Question 2
1 / -0

X agrees to sell, Y all crops of wheat to be grown in X farm, in this case.

A
It is a contract of sale of present goods

B
There is no contract of sale

C
It is an agreement to sell of future goods

D
None of the above

Solution

X agrees to sell Y, all crops of wheat to be grown in X farm, in this case- it is an agreement to sell future goods as the delivery of goods will be made at a future date. Future goods are those goods that are to be delivered in the future. Future goods are not delivered at the time of agreement.
Hence, option (C) is the correct answer.
Question 3
1 / -0

Viru agrees to buy the crop of rice that would yield in Y's farm located in Punjab at the rate of Rupees $$2000$$ per $$100$$ kg. This deals under _______________ of the sale of Goods Act, $$1930$$

A
Agreement for sale of present goods

B
Contract of sale

C
Agreement for sale of future goods

D
None of the above

Solution

Viru agrees to buy the crop of rice that would yield in Y's farm located in Punjab at the rate of Rs 2000 per 100 kg. This deals under agreement for sale of future goods of the sale of Goods Act, 1930. In this case, the goods are future goods as future goods refer to those goods which are to be delivered in a future date. Future goods are not delivered when the contract of sale is made.
Hence, option (C) is the correct answer.
Question 4
1 / -0

In an Agreement to Sell, the property in goods is transferred in ________.

A
Past

B
Present

C
Future

D
There is no transfer of property at all

Solution

When under a contract, the property in goods is transferred from the seller to the buyer, the contract is called an agreement to sell. In an Agreement to Sell, the property in goods is transferred in present.
Hence, option (B) is the correct answer.
Question 5
1 / -0

X agrees to sell Y, all crops to be grown in X's farm in Haryana during $$2016$$ season, for Rs. $$1,00,000$$. In this case, the goods are _______.

A
Future goods

B
Specific goods

C
Unascertained goods

D
Contingent goods

Solution

X agrees to sell Y, all crops to be grown in X's farm in Haryana during 2016 season, for Rs 100000. In this case, the goods are future goods as future goods refer to those goods which are to be delivered in a future date. Future goods are not delivered when the contract of sale is made.
Hence, option (A) is the correct answer.
Question 6
1 / -0

An agreement to Sell in respect of goods is an ________ contract which creates a just in personam.

A
Executed

B
Executory

C
Voidable

D
Void

Solution

An agreement to Sell in respect of goods is an executory contract which creates a just in personam as executory contract refers to that contract which is not fully executed. In this contract performance from both parties is partially done.
Hence, option (B) is the correct answer.
Question 7
1 / -0

When under a contract, the property in goods is transferred from the Seller to the Buyer, contract is _________.

A
Called a Sale

B
Called an Agreement to Sell

C
Voidable at the option of the Buyer

D
Void ab-initio

Solution

When under a contract, the property in goods is transferred from the seller to the buyer, the contract is called an agreement to sell. In an Agreement to Sell, the property in goods is transferred in present.Hence, option (B) is the correct answer.
Question 8
1 / -0

Which of the following statements is not true?

A
In an agreement to sell, ownership will be transferred to buyer

B
In agreement to sell, loss will be with the seller

C
Both (a) & (b)

D
None of the above

Solution

In an agreement to sell, ownership will be transferred to the buyer- this is not true. When under a contract, the property in goods is transferred from the seller to the buyer, the contract is called an agreement to sell. In an Agreement to Sell, the property in goods is transferred in present.Hence, option (A) is the correct answer.
Question 9
1 / -0

Which of the following is not sale under sale of goods Act, $$1930$$?

A
Purchase of goods by a partner for firm

B
X agree with y to sell future goods

C
X sold goods worth Rs. $$2000$$ to y

D
X sold building Rs. $$100000$$ to y

Solution

option b is the correct answer
Question 10
1 / -0

Goods sold by description but not identified or agreed upon at the time of contract of sale are _____________.

A
Specific goods

B
Future goods

C
Existing goods

D
Unascertained goods

Solution

Goods sold by description but not identified or agreed upon at the time of contract of sale are unascertained goods. In simple words, unascertained goods are not identified or ascertained when the contract of sale is made.
Hence, option (D) is the correct answer.

User

Question Analysis

Correct -
Wrong -
Skipped -

My Perfomance

Score
-
out of -
Rank
-
out of -

Re-Attempt Weekly Quiz Competition

Consumer Protection Test - 20

Result

Consumer Protection Test - 20

Score

-

Rank

-

SHARING IS CARING

Question 1

Money and actionable claims

Growing Crops

Shares

None of the above

Solution

Question 2

It is a contract of sale of present goods

There is no contract of sale

It is an agreement to sell of future goods

None of the above

Solution

Question 3

Agreement for sale of present goods

Contract of sale

Agreement for sale of future goods

None of the above

Solution

Question 4

Past

Present

Future

There is no transfer of property at all

Solution

Question 5

Future goods

Specific goods

Unascertained goods

Contingent goods

Solution

Question 6

Executed

Executory

Voidable

Void

Solution

Question 7

Called a Sale

Called an Agreement to Sell

Voidable at the option of the Buyer

Void ab-initio

Solution

Question 8

In an agreement to sell, ownership will be transferred to buyer

In agreement to sell, loss will be with the seller

Both (a) & (b)

None of the above

Solution

Question 9

Purchase of goods by a partner for firm

X agree with y to sell future goods

X sold goods worth Rs. $$2000$$ to y

X sold building Rs. $$100000$$ to y

Solution

Question 10

Specific goods

Future goods

Existing goods

Unascertained goods

Solution

User

Question Analysis

My Perfomance

Score

-

Rank

-

Results Announcement on: coming Monday

Stay Tuned: We’ll update you on your result via email or SMS.