Formation of the contract of sale MCQs with Answers

Yes, in all circumstances

They are not goods

Yes, if charge is created

Yes, after the death of client

The parties must be competent to contract

There must be mental consent

There must be a transfer of property

There must be an agreement to sell

Uncertain goods

Ascertained goods

Specific goods under delivery

Goods which are not in existence

Section 2(12)

Section 2(14)

Section 2(8)

Section 2(10)

Things attached to land which are agreed to be severed before sale

Things forming part of the land agreed to be severed before sale.

Either Things attached to land which are agreed to be severed before sale or Things forming part of the land agreed to be severed before sale

Neither Things attached to land which are agreed to be severed before sale nor Things forming part of the land agreed to be severed before sale

Standing timber tree, agreed to be severed before sale

Interest in partnership in growing crops

Money

Shares

Voluntary transfer of ownership from one person to another

Voluntary transfer of possession from one person to another

Voluntary transfer of any immovable property

Any transfer whether voluntary or otherwise of possession from one person to another

Goods to be manufactured, acquired or produced after making of the contract of sale

Goods likely to be manufactured, acquired or produced after making of the contract of sale

Contingent goods

Goods, manufacturing of which require special skill

Stocks

Shares

Actionable Claims

Growing Crops

a receipt for goods shipped on board of a ship, signed by the person who contracts to carry them or his agent and incorporates the terms on which the goods were delivered to and received by the ship

a receipt for goods shipped on board of a railway train, signed by the person who contracts to carry them or his agent and incorporates the terms on which the goods were delivered to and received by the railway train

a receipt for goods shipped on board of an airplane, signed by the person who contracts to carry them or his agent and incorporates the terms on which the goods were delivered to and received by the airplane

a receipt for goods shipped on board of a ship, signed by the person who contracts to carry them or his agent but does not incorporates the terms on which the goods were delivered to and received by the ship