In which of the following cases property in the goods does not pass to the buyer when the goods are delivered to the buyer on approval or "on sale or return" or other similar terms:

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.

A

Only (1), (3) and (4) are correct

B

Only (2) is correct

C

Only (4) is correct

D

Only (3) is correct

Under section 24 of the Sale of Goods Act, 1930, in cases of goods sent 'on approval' or 'on sale or return' basis, the property in goods does not pass

A

Until the approval is signified by the buyer

B

Until the goods are kept beyond the prescribed period where the period is fixed

C

Until the goods are kept beyond a reasonable period where the period is not fixed

D

Either (A) or (B) or (C)

A', on 9^th January, 2015 agrees to sell his immovable property to 'R' and out of the total sale consideration of Rs. 3,00,000/- receives a sum of Rs. 1,00,000/- from 'B' as advance payment and agrees to vacate the property and handover vacant peaceful physical possession thereof to 'B' and to execute the Sale Deed of the property in favour of 'B' on receipt of balance sale 'consideration' on or before 9^th July, 2015. 'A' fails to vacate the property or to execute the Sale Deed or to deliver possession of the property to 'B'. 'B' after waiting patiently till 31^st January, 2016, on 1^st February, 2016 got issued a legal notice to 'A' to take the balance sale consideration and execute the Sale Deed and deliver vacant peaceful physical possession. 'A' vide his reply received by 'B' on 17^th February, 2016 denies the agreement. The limitation of three years available to 'B' for instituting a suit for specific performance is:

A

With effect from 9^th January, 2015

B

With effect from 9^th July, 2015

C

With effect from 17^th February, 2016

D

With effect from 1^st February, 2016

Which of the following is not an agreement in restraint of trade?
1. A sells the goodwill of his business with an agreement not to carry on a similar business within specified local limits, so long as the buyer carries on a similar business.
2. A sells the goodwill of his business with an agreement not to carry on a similar business within India, so long as the buyer carries on a similar business.
3. A sells the goodwill of his business with an agreement not to practice the same trade for 25 years.
4. A sells the goodwill of his business with an agreement not to engage in any business competing or liable to compete in any way with the business for the time being carried on by the buyer.

A

1, 3 and 4

B

2, 3 and 4

C

3 and 4

D

1 and 3

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

A

1 is correct, 2 and 3 are incorrect

B

1 and 2 are correct, 3 is incorrect

C

1 and 3 are correct, 2 is incorrect

D

2 and 3 are correct, 1 is incorrect

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?

A

Yes, he is not liable because no buyer can be imposed a liability for receiving contracted goods

B

Yes, he is not liable till he gives intimation in writing of acceptance

C

Yes, he is not liable if he has intimated to the seller within reasonable time that the goods have been rejected

D

No, he is liable because of the principle "buyer beware"

In cases of goods sent on approval or 'on sale or return' basis under section 24 of the Sale of Goods Act, 1930, the goods are at

A

The original owner's risk if perish by inevitable accident

B

The risk of the person in whose possession the goods are at the time when they perished by inevitable accident

C

The risk of the person to whom the goods are so sent if they person by inevitable accident

D

Either (B) or (C)

Where the goods delivered to the buyer are mixed with goods of a different description not included in the contract, under section 37(3) of the Sale of Goods Act, 1930, the buyer

A

Cannot reject the whole

B

Can accept the goods which are in accordance with the contract and reject the rest

C

Either (A) or (B)

D

Neither (A) nor (B)

Where the price of the goods under a contract of sale is to be fixed by the valuation of a third party who fails to fix the valuation, but goods are supplied to the buyer, under Section 10 of the Sale of Goods Act, 1930, the buyer is

A

Liable to pay the reasonable price of the goods

B

Liable to pay the minimum price of the goods

C

Not liable to pay any price until fixed by the valuer

D

Liable to pay the maximum retail price

Where a contract of sale of goods does not fix the time within which the seller is bound to send the goods to the buyer, under section 36(2) of the Sale of Goods Act, 1930, the seller is bound to send the goods, within

A

The shortest possible time

B

The minimum time

C

A reasonable time

D

The maximum time

In which of the following cases property in the goods does not pass to the buyer when the goods are delivered to the buyer on approval or "on sale or return" or other similar terms:

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