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Consumer Protection Test - 28

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Consumer Protection Test - 28
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Weekly Quiz Competition
  • Question 1
    1 / -0
    Where Goods are bulky/heavy and it is not possible to physically hand over them to the Buyer, some symbol which carries with it the real possession or control over the Goods is handed over to the Buyer. This is a case of _______.
    Solution
    Where Goods are bulky/heavy and it is not possible to physically hand over them to the Buyer, some symbol which carries with it the real possession or control over the Goods is handed over to the Buyer. This is a case of symbolic delivery.Symbolic delivery refers to the type of delivery when goods are delivered by way of gift or sale as the actual delivery becomes cumbersome.
    Hence, option (C) is the correct answer.
  • Question 2
    1 / -0
    Which of the following rights cannot be exercised by an Unpaid Seller when the property in goods has passed to the Buyer?
    Solution
     Right of withholding delivery of goods cannot be exercised by an Unpaid Seller when the property in goods has passed to the Buyer since the seller cannot withhold the delivery of goods when the seller is unpaid by the buyer.
  • Question 3
    1 / -0
    Unpaid Seller sells goods to the new buyer who was in possession of the goods. The new buyer _________.
    Solution
    Unpaid Seller sells goods to the new buyer who was in possession of the goods. The new buyer gets good title to the goods since the unpaid seller has the right to resell, that is, whenever the seller does noy receive the payment, he can resell the goods to new buyers.
    Hence, option (A) is the correct answer.
  • Question 4
    1 / -0
    A,B,C and D are carrying on business of mobile exports. A was aware of the price of mobile and good knowledge in the purchasing of mobiles. A made personal transaction in the name of the firm.
    Solution
    A,B,C and D are carrying on business of mobile exports. A was aware of the price of mobile and good knowledge in the purchasing of mobiles. A made personal transaction in the name of the firm. In this case, A has to account personal profits to fir since A is not the only partner of the firm.
  • Question 5
    1 / -0
    Which of the following is not right of an unpaid seller?
    Solution
    To demand back the goods is not the right of an unpaid seller. When the seller does not pay the amount, then he does not have any right to demand back the goods.
    Hence, option (D) is the correct answer.
  • Question 6
    1 / -0
    Where the goods are of perishable Nature, unpaid seller can ________.
    Solution
    Where the goods are of perishable Nature, the unpaid seller can resell the goods. This means when the goods can get damaged easily, the seller who did not receive the payment, can resell the goods to new buyers.
    Hence, option (C) is the correct answer.
  • Question 7
    1 / -0
    M sold Goods to B. The Payment was to be done after one month. B did not make the payment. The Right of Lien can be exercised by M when the Goods are ________.
    Solution
    M sold Goods to B. The Payment was to be done after one month. B did not make the payment. The Right of Lien can be exercised by M when the Goods are not handed over to anyone. Since the payment is not  done by B, M did not hand over the goods to B.
  • Question 8
    1 / -0
    The term "Unpaid Seller" includes _________.
    Solution
    The term "Unpaid Seller" includes the seller or his agent who has not paid the money. Agent of the seller helps the seller to create a place to sell and negoiate with buyers.
  • Question 9
    1 / -0
    Unpaid Seller's right of stoppage in transit can be exercised only when the Buyer is insolvent.
    Solution
    Unpaid Seller's right of stoppage in transit can be exercised only when the Buyer is insolvent- this statement is true since when the sellers do not receive the payment from the buyers, he has right to stop the goods in transit.
    Hence, option (A) is the correct answer.
  • Question 10
    1 / -0
    The right of lien is available to the Unpaid Seller, only when _________.
    Solution
    Right of lien is exercised by the seller, when the seller does not hand over the goods to the buyers because of  the fault of payment by the buyers.The right of lien is available to the Unpaid Seller, only when he is in possession of the goods.
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