Top 50 Interview Questions On Sale of Goods Act, 1930

INTRODUCTION

The Sales of Goods Act, 1930 deals with contracts or agreements which governs the sale of goods at a certain price. It generally revolves around three parties which are buyer, seller and goods. As per the Act “goods” are defined as a property which is movable, stocks shares, growing crops, standing timber, grass, things linked to or forming part of the land that are agreed to be removed from the land prior to the sale.[1] The types of goods covered in this act are: Existing goods, which are present during the time of commencement of contract. Future goods, which are not present during the commencement of contract but will be there in the future by manufacturing, acquiring or producing it. Contingent goods, it is somewhat like future goods but depends upon the certainty of future events. This Act is applicable throughout India.  

1. In which year Sales of Goods Act came into force?
2. In what time will an agreement to sell become a sale?
3. What is a conditional agreement?
4. What are the objectives of this Act?
5. What kind of risk is associated with sale?
6. What does “implied undertaking as to title” mean as per this Act?
7. What kind of goods are dealt under this Act?
8. “Cavet Emptor” what does this term mean?
9. What are contingent goods under this Act?
10. Who are the parties involved in the contract of this Act?
11. In the contract of sale what does the term “warranty” mean?
12. What are the situations under which Cavet emptor does not apply?
13. What do you understand by mercantile agent?
14. Can the buyer be bound to accept delivery in instalments?
15. Who is an unpaid seller?
16. Are there any rights available under this Act to the unpaid seller?
17. When an unpaid seller lost the lien?
18. What do you understand by future goods?
19. What does “delivery” under this Act mean?
20. What are the rules related to delivery?
21. What are the exceptions to caveat emptor?
22. What are essentials of contract of sale?
23. How many types of goods are covered under this Act?
24. What do you understand by Specific goods?
25. What does “condition” as per this Act mean?
26. What is a “sale sample”?
27. Risk follows ownership what does this statement mean?
28. What is the difference between lien and stoppage in transit?
29. In the sale and agreement to sell, who carries the risk of loss?
30. What is the basic difference between sale and an agreement to sale?
31. What are the conditions that are implied while making a contract under this Act?
32. What do you understand by the term “Nemo dat quod non habet”?
33. What is an implied condition?
34. As per this Act what are warranties?
35. What is the basic difference between Sale and Hire purchase agreement?
36. What the remedies as per this Act in case of breach of a contract?
37. Is it true that every time the owner has to bear the losses?
38. Does a delivery of a good means the good is accepted?
39. What does a constructive delivery mean?
40. When a resale is initiated who gets the right?
41. What does symbolic possession mean?
42. As per you what does Sales of Goods Act does not include?
43. Why this Act is important?
44. Can a person who purchased the good resell such good as per this Act?
45. What are the essentials of “contract of sale”?
46. What do you understand by “Documents of Title to Goods” as per this Act?
47. When the unpaid seller can resell the goods?
48. What does the term “ascertainment” mean?
49. What are the rules that apply in delivery as per this Act?
50. In this Act how many types of product are defined?

[1]Neha Mallik, An understanding of the important terms in the definition clause of Sale of Goods Act, 1930, I PLEADERS (February 10, 2020) https://blog.ipleaders.in/sale-of-goodsact/#Goods_Section_27.

YLCC would like to thank Anam Khan for her valuable inputs in this article.