CA Foundation Law - Conditions and Warranties 11 Created on August 24, 2023 By admin Conditions and Warranties Quiz 1 / 12 What are implied stipulations of a contract? agreed by the parties. incorporated by law unless specifically agreed otherwise. implied by the circumstances implied by trade customs 2 / 12 Breach of a warranty gives rise to __________. claim for damages a right to treat the contract as repudiated both ‘a’ and ‘b’ either ‘a’ or ‘b’ 3 / 12 Breach of a condition gives rise to __________. claim for damages a right to treat the contract as repudiated both ‘a’ and ‘b’ either ‘a’ or ‘b’ 4 / 12 A warranty is stipulation __________. essential to the main purpose of the contract collateral to the main purpose of the contract very important to the seller very important to the buyer 5 / 12 Conditions are stipulations __________. essential to the main purpose of the contract collateral to the main purpose of the contract either ‘a’ or ‘b’ neither ‘a’ nor ‘b’ 6 / 12 Whether or not any stipulation other than time of payment is of the essence of the contract depends upon __________. application of section 11 operation of law terms of the contract all of the above 7 / 12 Under section 11 of the Sale of Goods Act, 1930, the time of payment can be of the essence of the contract __________. by agreement between the parties by operation of law both (a) and (b) either (a) or (b) 8 / 12 “If you contract to sell peas, you cannot oblige a party to have beans”: this statement applies to __________. a implied condition as to be description of goods the implied condition as to fitness of goods for a particular purpose implied condition as to sample implied condition as to title 9 / 12 In a sale by sample and description, there is an implied condition __________. that bulk of the goods correspond with the sample that bulk of goods must correspond to the j description as well as the sample thereof the bulk of goods must correspond either to the description or to the samplethe bulk of goods must correspond to the description only the bulk of goods must correspond to the description only 10 / 12 If the condition as to the title of goods is not fulfilled, the buyer __________. may reject the goods has no alternative but to buy the goods may reject the goods and claim damages all the above 11 / 12 A stipulation in a contract of sale which is collateral to the main purpose of contract is called as __________. guarantee warranty condition term 12 / 12 Merchantable quality of goods means __________. that the goods are commercially saleable they are fit for the purpose for which they are generally used both ‘a’ and ‘b’ the quality should be of high standard Your score isThe average score is 68% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 6 Created on August 24, 2023 By admin Conditions and Warranties T/F 1 / 7 If a contract of sale contains a stipulation which has become impossible to perform the law excuses such a stipulation by reason of impossibility. True False 2 / 7 There is an implied condition that the goods shall be free from all encumbrances. True False 3 / 7 A stipulation essential to the main purpose of the contract is called as guarantee. True False 4 / 7 Where the buyer is deprived to goods by their true owner then the buyer may recover the price for breach of the condition as to title. True False 5 / 7 Breach of implied warranties leads to the repudiation of a contract. True False 6 / 7 Once the buyer decides to waive the condition he cannot insist on its fulfilment later on. True False 7 / 7 Implied condition as to description can be given by the type of packing. True False Your score isThe average score is 71% LinkedIn Facebook Twitter VKontakte 0% Restart quiz
