"Under the Sale of Goods Act, 1930, right of stoppage in transit starts when right to lien on goods expires."<br>The statement is

Under section 51 of the Sale of Goods Act, 1930, transit of goods, for the purposes of unpaid seller's right of stoppage in transit, comes to an end, where

A

The carrier wrongfully refuses to deliver the goods to the buyer without having notice of stoppage from the seller

B

The carrier for a just cause, refuses to deliver the goods to the buyer without having notice of stoppage from the seller

C

Either (A) or (B)

D

Both (A) and (B)

The transit of goods for the purposes of the right of the unpaid seller as to stoppage in transit, under section 51 of the Sale of Goods Act, 1930, shall come to an end

A

Where the carrier attoms to the buyer at the point of delivery of goods by the vendor for transmission to the vendee

B

Where the carrier attorns to the buyer after the goods have arrived at the appointed destination

C

Where the carrier attorns to the buyer after leaving the place of start but before the goods reach the appointed destination

D

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

The unpaid seller, under section 52 of the Sale of Goods Act, 1930, can exercise his right of stoppage in transit, against the goods by

A

Giving notice of his claim to the carrier in whose possession the goods are

B

Taking actual possession of the goods

C

Either (A) or (B)

D

Only (A) and not (B)

Where the goods are of perishable nature or where the. unpaid seller exercises his right of lien or right of stoppage of goods in transit and gives notice to buyer for payment and buyer does not payor tender within reasonable time, an unpaid seller may:

A

Resell the goods and can recover the damages from the original buyer

B

Cannot resell the goods

C

Ask the buyer again to make payment

D

Take possession and mark the goods as bad

Unpaid seller's right to stoppage in transit comes into existence, as provided under Section 50 of the Sale of Goods Act, 1930, when the seller

A

Is in possession of the goods

B

Has parted with the goods but the buyer has not yet obtained the possession of the goods

C

Has parted with the possession of the goods and the buyer has obtained the possession thereof

D

All of the above

Under section 50 of the Sale of Goods Act, 1930, right of stoppage in transit is available to the unpaid seller

A

During the solvency of the buyer

B

Where the buyer has become insolvent

C

During the solvency of the buyer as well as when the buyer becomes insolvent

D

Neither during the solvency of the buyer nor when the buyer has become insolvent

Statement I It is a pre-condition of right of stoppage in transit that seller must have parted with possession of goods.
Statement II Unpaid seller can exercise his rights of resale when goods are in his possession.
Statement III Where property in goods has been passed to the buyer, seller can file a suit against buyer for recovery of price.
Which of the above statement(s) is/are true?

A

Only I

B

Only III

C

Both I and II

D

All of the above

Under section 16 of the Sale of Goods Act, 1930, any condition or warranty that may arise under any other provision of the Sale of Goods Act, 1930, or any other law is

A

Saved

B

Not saved

C

May or may not be saved depending on the facts & circumstances of the case

D

May or may not be saved depending on the express agreement between the parties

Choose the most appropriate option in respect of a Sale which is not generally rescinded by lien or stoppage in transit?

A

A contract of sale is rescinded by the exercise of an unpaid seller's right of lien or stoppage of lien

B

Where an unpaid seller who has exercised his right of lien or stoppage in transit resells the goods, the buyer of such goods does not acquire a good title there to as against the original buyer

C

Where the seller resells the goods in case of buyer's default the original contract of sale is not rescinded

D

Where the unpaid seller who has exercised his right of lien or stoppage in transit gives notice to buyer of his intention to resell, the unpaid seller may resell the goods within a reasonable time and recover damages incurred due to his breach of the contract from the original buyer

Choose the most appropriate option in respect of a Sale which is not generally rescinded by lien or stoppage in transit:

A

A contract of sale is rescinded by the exercise of an unpaid seller's right of lien or stoppage of lien

B

Where an unpaid seller who has exercised his right of lien or stoppage in transit resells the goods, the buyer of such goods does not acquire a good title thereto as against the original buyer

C

Where the seller resells the goods in case of buyer's default the original contract of sale is not rescinded

D

Where the unpaid seller who has exercised his right of lien or stoppage in transit gives notice to buyer ofhis intention to resell, the unpaid seller may resell the goods within a reasonable time and recover damages incurred due to his breach of the contract from the original buyer

"Under the Sale of Goods Act, 1930, right of stoppage in transit starts when right to lien on goods expires."
The statement is

Related Questions

"Under the Sale of Goods Act, 1930, right of stoppage in transit starts when right to lien on goods expires."The statement is

Related Questions

"Under the Sale of Goods Act, 1930, right of stoppage in transit starts when right to lien on goods expires."
The statement is