1. A contract for the sale of goods where property would pass to the buyer on payment of total price would be;
A) sale
B) agreement to sell ✓
C) hire-purchase contract.
D) sale on approval.
CA Foundation Paper 2
The Sale of Goods Act, 1930 MCQ
Chapter 3 • 76 Questions from ICAI Study Material
Questions
76
Est. Time
57 min
Source
ICAI Book
Question 1 of 76 0 correct | 0 wrong
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Sample Questions: The Sale of Goods Act, 1930
Preview 8 of 76 MCQs from Chapter 3
2. The term "goods" under Sale of Goods Act, 1930 does not include
A) goodwill.
B) actionable claims. ✓
C) stocks and shares.
D) harvested crops.
3. A contract for the sale of "future goods" is
A) sale
B) agreement to sell. ✓
C) void.
D) hire-purchase contract.
4. The sale of Goods Act, 1930 deals with the
A) movable goods only. ✓
B) immovable goods only.
C) both movable and immovable goods.
D) all goods except ornaments.
5. Under Sale of Goods Act, 1930 the terms "Goods" means every kind of movable property and it includes
A) stock and share.
B) growing crops, grass
C) both (a) and (b). ✓
D) none of the above
6. The Sale of Goods Act, 1930 deals with
A) sale ✓
B) mortgage.
C) pledge.
D) all of the above.
7. Which one of the following is true?
A) the provisions of Sale of Goods were originally with the Indian Contract Act, 1872. ✓
B) the Sale of Goods Act, 1930 deals with mortgage.
C) the Sale of Goods Act restricts the parties to modify the provisions of law.
D) none of the above.
8. Goods which are in existence at the time of the Contract of Sale is known as
A) present Goods.
B) existing Goods. ✓
C) specific Goods.
D) none of the above.