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A and B bought two goods for Rs. 6000 and Rs. 4000 respectively. The selling price of B’s goods was 25% more than its cost price whereas the selling price of A’s goods was x% more than its cost price. If the selling price of A’s goods was Rs. 2500 more than the selling price of B’s goods, then find the ratio between selling price of A’s goods and cost price of B’s goods?
The propositions are
1. The general property in goods can be with one person while the special property in the same goods be with the another person.
2. The transfer of general property in goods to one person can be done subject to a special property in the same goods in another person.
3. The special property in goods can be only with the person having general property in goods.
In respect of the aftersaid proposition which of the following is true
Shopping goods have which of the following features? a) These products are generally durable in nature b) Consumers generally compare the goods of various sellers and then buy such goods c) Per unit price of these goods is generally high d) These goods are regularly and continuously in demand e) These goods are sold as a result of aggressive promotional efforts Choose the right answer from the option given below:
Shopping goods have which of the following features?
I. These products are generally durable in nature
II. Consumers generally compare the goods of various sellers and the buy such goods
III. Per unit price of these goods is generally high
IV. These goods are regularly and continuously in demand
V. These goods are sold as a result of aggressive promotional efforts
Choose the right answer from the options given below:
Which among the following is a correct statement about the residential status of a company?  1. A company can be classified as "not ordinarily resident' 2. A company can never be classified as "not ordinarily resident" 3. A company can be classified as "not ordinarily resident" with permission from the Ministry of Finance 4. A company can be classified as "not ordinarily resident' with permission from the Ministry of Commerce 
Which of the following can be taken as the duties of a bailee?
1. To take reasonable care of the goods
2. Not to make unauthorized use of goods
3. Not to mix goods bailed with his/her own goods
4. To return the goods bailed
5. To return increase or profit accrued
Which of the following statements are correct. Answer using the given below:
(1) Ascertainment of goods for sale is done by buyer.
(2) Appropriation of goods for sale is done by seller.
(3) Distinction between ascertainment of goods and appropriation of goods that former involves lithe element of common intention between buyer and seller", whereas later can be a unilateral act by buyer.
(4) Property in goods does not pass to buyer till appropriation.
In case where the goods are sold by description by a seller who deals in such goods and the buyer had an opportunity of examining the goods but has not in fact examined the goods under section 16(2) of the Sale of Goods Act, 1930, the seller is liable for
As per Consumer Protection Act 1986, 'unfair trade practice' includes
(1) Falsely represents that the goods/services are of a particular standard, quality or grade
(2) Falsely represents any re-built, second-hand, renovated, reconditioned or old goods as new goods
(3) Represents that the goods or services have sponsorship, approval, performance, characteristics, accessories, uses or benefits which such goods or services do not have
Which of the following are the duties of a bailee?
1. Duty to take reasonable care of goods
2. Duty not to make unauthorised use of goods
3. Duty not to mix his own goods with the goods bailed
4. Duty to compensate when goods is damaged despite of the care of the bailee