Related Questions

Arrange the following in correct sequence of shipment procedure in the exportation process.
1. The exporter reserves the required space in the vessel for shipment.
2. The exporter issues detailed instructions to the C and F agents.
3. Exporter makes arrangements for the transportation of goods to the port.
4. Necessary documents are submitted to the custom appraiser at the Custom House.
5. C and F agent obtains the Carting Order to move the cargo inside the dock.
6. Custom Examiner physically examines the shipment and then seals the packages in his presence.
7. Goods are then loaded in the ship and the Mate issues a Mate's Receipt to the Port Superintendent.
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:
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
Arrange the following in correct sequence of post shipment procedure in exportation process.
1. C and F agent submits the documents to the exporter.
2. Exporter intimates the importer about the shipment of goods.
3. Submission and negotiation of documents with bank.
4. Bank negotiates these documents to the importer's bank in the manner as specified in the letter of credit.
5. Documents are attested with the bill of exchange
6. The exporter gets immediate payment from his bank after signing letter of indemnity.
7. Importer receives the documentary bill of exchange, he releases the payment.
8. After receiving proceeds the exporter intimates the RBI by recording the facts on duplicate copy of GR.
9. The exporter receives subsidies and concessions if he is eligible.
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 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 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
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.
Is it correct that in a contract of sale of goods under the Sale of Goods Act if the goods received are not as per the terms of the contract then the buyer in all cases has no liability to pay for the goods which are received by him from the seller?