Practice Test


1) The unpaid seller has right of stoppage of goods in transit only where the buyer


2) An unpaid seller is having rights against


3) Under which of the following circumstances unpaid seller loses his right of lien


4) When the unpaid seller has parted with the goods to a carrier & the buyer has become insolvent he can exercise


5) The essence of a right of lien is to----------


6) Which of the following right can be exercised by an unpaid seller against the buyer , who is not insolvent


7) Which of the following is a buyer's right against the seller in the case of breach of contract ?


8) An auction sale is completed on the


9) Seller has right of resale where


10) Under which circumstances(s),can the right of stoppage be exercised by the unpaid seller ?


11) Under which circumstances the unpaid seller can exercise right of re-sale


12) Where the seller wrongfully neglects to deliver the goods to the buyer , the buyer


13) Where the buyer is deprived to goods by their true owner ,then the buyer


14) Where the buyer wrongfully neglects or refuses to accept & pay for the goods


15) In an auction sale if the seller makes use of pretended bidding to raise the price ,then the sale is


16) In which of the following cases, the unpaid seller loses his right of lien?


17) The bidder at an auction sale can withdrawn his bid


18) Where in an auction sale ,the seller appoints more than one bidder, the sale is


19) Where in an auction sale notified with reserve price ,the auctioneer mistakenly knocks down the goods for the less than the reserve price ,then the auctioneer is


20) A seller is unpaid when 1. The whole of the price have not been tendered , 2. A negotiable instrument given has been dishonoured , 3. A bill of exchange given was dishonoured , 4. only a part of the price has only been paid.


21) Which of the following is the Right of unpaid seller 1.Right to re-sale , 2.Right to stop the goods in transit , 3. Right to lien , 4.Right to demand back the goods


22) Goods sold on the fall of hammer


23) Right against goods


24) Right against buyer


25) Right of lien


26) Right of resale


27) A mercantile agent includes


28) An unpaid seller means a seller


29) An unpaid seller of goods has


30) The unpaid seller of goods in possession of them is entitled to retain possession of them is entitled to retain possession until payment of the price


31) where the unpaid seller has made part delivery of the goods


32) the unpaid seller of goods losses his lien


33) an unpaid seller


34) A sold some goods to W for Rs.10,000 .W paid Rs.5,000 .A is


35) An unpaid seller is a person who has not been paid


36) An unpaid seller of the goods shall exercise his right of lien


37) An unpaid seller loses his rights of lien in case of


38) An unpaid seller has a rights of stoppage in transit


39) in case of stoppage in transit the seller may


40) In case of stoppage in transit , goods are deemed to be in course of transit


41) Transit of goods ends


42) Right of stoppage in transit can be exercised


43) A contract of sale


44) Right of lien means


45) Right of an unpaid seller includes


46) A seller is deemed to be an unpaid seller


47) On resale by an unpaid seller, the buyer acquires


48) An unpaid seller can exercise the right of stoppage


49) The unpaid seller's rights of lien is lost


50) Where the seller refuses to deliver the goods


51) The buyer is entitled to reject the goods


52) When one party repudiates the contract before the date of delivery, the other party to the contract


53) In case of sale by auction


54) In an auction ,sale is complete


55) Any bidder may retracts his bids


56) A right to bid may be reserved expressly


57) Where a right is expressly reserved


58) It shall not be lawful for the seller to bid himself at an auction


59) An auction sale may be notified to be


60) in an auction sale, if the seller makes pretended bidding to raise the price


61) in an auction sale, sale a seller may reserve his right to bid


62) An auction sale means


63) In an auction sale ,when the seller appoints any bidder ,the auction is


64) Goods-in-transit can be stopped for


65) The right of lien exercised by an unpaid seller is to


66) If goods are sent by sea-route ,the seller______ give notice to buyer so as to enable him to insure the goods during transit


67) In the case of sale by the auction ,the seller of goods has a right to bid at the auction


68) The seller of goods is deemed to be an unpaid seller when the ___of the price has not been paid or tendered


69) In case of ________ the sale may be noticed to be subject to a reserve or upset price


70) In the context of rights of an unpaid seller,quasi-lien means


71) Event if a substantial portion of the price is paid & only a small balance is pending ,the seller is still regarded as an unpaid seller


72) In which of the following cases ,the unpaid seller loses his rights of lien ?


73) In case of re-sale by an unpaid seller ,the subsequent buyer acquires goods title thereof as against the original buyer, despite the fact that no notice of re-sale has been given by the seller to the original buyer


74) Jay sells & sells consigns certain goods to Sam for cash & sends the railway receipt to him. Sam becomes insolvent & while the goods are intransit,he assigns the railway receipt to naveen ,who does not know that railway to Naveen ,who does not know that Sam is insolvent .in this case ,Jay


75) The lien of an unpaid seller depends on


76) In an auction sale the property shall be sold to the


77) Unpaid seller can exercise his rights of withholding delivery of goods


78) An unpaid seller can exercise his right of lien


79) The right of lien can be exercised by the unpaid seller in respect of


80) The seller loses all right as an unpaid seller when


81) The seller of goods is unpaid seller when a cheque has been received but


82) Right of lien and right of stoppage in transit ________.


83) An unpaid seller can resell only when he is in possession of goods either by


84) In case of re sale of goods if there is a loss, then the seller


85) The seller can resell the goods if the seller


86) Which of the following is correct ?


87) Which of these is/are the rights of an unpaid seller against the buyer ?


88) In absence of contract to the contrary, the rate of interest t to be awarded is


89) Suit for specific performance is awarded by


90) An advertisement to sell the goods by auction is


91) ________ is the lowest price below which the auctioneer will not sell the goods in auction


92) On the completion of sale by the fall of the hammer, the ownership of the goods is


93) When the buyer joint hands to eliminate the competition it is called


94) ________ includes pointing out defects in the goods.


95) The auctioneer is the _____ of the owner of the goods


96) ______ is a public sale where different intending buyers assemble and try to outbid each other.


97) Every bid is an _____


98) Even is a substantial portion of the price is paid and only a small balance is pending, the seller is still regarded as an unpaid seller.


99) When the buyer becomes insolvent, the seller cannot retain possession over the goods


100) When the goods have been sold on credit and the credit period ___ lien can be exercised


101) Specific performance of a contract of sale of goods can be sought in cases where the goods are


102) In case of interest by way of damages in a suit by he seller u/s 61 the interest may be calculated from


103) Rights of an unpaid seller include


104) Which of the following is not right of an unpaid seller?


105) The term "Unpaid Seller" includes -


106) M sold Goods to B. The Payment was to be done after one month. B did not make the payment. The Right of Lien can be exercised by M when the Goods are -


107) Right of general lien cannot be exercised by -


108) Unpaid Seller sells goods to the new buyer who was in possession of the goods. The new buyer -


109) Which of the following rights cannot be exercised by an Unpaid Seller when the property in goods has passed to the Buyer -


110) The right of lien is available to the Unpaid Seller, only when -


111) Right of lien is lost for the seller, when


112) Goods are deemed to be in transit from the time they are delivered to the Carrier or other bailee for transmission to the Buyer, until -


113) Unpaid Seller's right of stoppage in transit can be exercised only when the Buyer is insolvent.


114) Where the goods are of perishable Nature, unpaid seller can


115) An unpaid seller pledged his goods, than resale to a bona fide buyer, such buyer acquires:


116) Which of the following rights are not available to unpaid seller against the buyer?


117) Rights of unpaid seller does not include:


118) A bid at an auction is an acceptance of offer which is confirmed by the fall of hammer.


119) Auction Sale Completes by -


120) Auction sale can be subject to:


121) Risk follows ownership -


122) An unpaid seller who is in possession of goods sold, can exercise the right of lien even when the property has passed to the buyer.


123) A seller can never bid at an auction sale.


124) An unpaid seller can exercise the right of stoppage of goods in transit if the buyer becomes insolvent.


125) When goods are delivered to the buyer and he refuses to accept them, he is not bound to return the goods to the seller.


126) The right of lien by an unpaid seller can be exercised for the non-payment of price of goods and other charges.


127) In an auction sale, goods to be auctioned can be put for sale in lots.


128) ‘Right of lien’ and ‘right to stoppage’ the goods in transit may be exercised simultaneously by an unpaid seller.


129) After completion of the sale in an auction, the property in the goods and the risk of the loss caused in an accident to the auctioned property therein is transferred to the bidder.


130) Where the goods are of perishable nature the unpaid seller cannot re-sell the goods without any notice to the buyer.


131) In an auction sale, seller or any other person on his behalf may bid at the auction.


132) Right of lien is linked with the possession of goods.


133) In an auction sale, a bid once made cannot be withdrawn by the bidder.


134) A seller of goods shall be called an ‘Unpaid seller’ even when a part payment of the price of goods sold has been made to him by a buyer.


135) In an auction sale, seller or any other person on his behalf may bid at the auction, if such a right is expressly reserved.