SOGA IBL 2-12

SOGA IBL 2-12

University

60 Qs

quiz-placeholder

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SOGA IBL 2-12

SOGA IBL 2-12

Assessment

Quiz

Business

University

Practice Problem

Hard

Created by

Carl Alvin

Used 2+ times

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60 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Goods under the Sales of Goods act includes land

True
False

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price

True
False

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Existing goods are goods already owned or possessed by the seller, and may be either specified or agreed upon at the time a contract of sale is made.

True
False

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A contract of sale of goods may be made in writing and partly by word of mouth or may be implied from the conduct of the parties

True
False

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A warranty is a stipulation essential to the main purpose of the contract. The breach warranty gives rise to a right to treat the contract as repudiated

True
False

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When buyer does not pay the price of the goods the seller known as the unpaid seller

True

False

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If the seller breached the contract the buyer has no right to reject the goods and claim damages

True

False

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