Business Law MCQ on Performance of a Contract: Delivery and Payment: Check the below Business Law MCQ on Performance of a Contract: Delivery and Payment with Answers Pdf free download. Business Law MCQ on Performance of a Contract: Delivery and Payment Questions for Business Law with Answers were prepared based on the latest exam pattern. We have provided Business Law MCQ on Performance of a Contract: Delivery and Payment with Answers to help students understand the concept very well.

Business Law MCQ on Performance of a Contract: Delivery and Payment

1. Unless otherwise agreed, the expenses of making delivery are borne by:
(a) The carrier
(b) The buyer
(c) The seller
(d) The agent

2. Voluntary transfer of possession from one person to another is called as __________.
(a) Ownership
(b) Delivery
(c) Gift
(d) License

3. Unless otherwise agreed, the expenses of obtaining delivery are borne by:
(a) The carrier
(b) The buyer
(c) The seller
(d) The agent

4. Delivery of goods means __________.
(a) Voluntary transfer of possession
(b) Compulsory transfer of possession
(c) Exchange of goods
(d) Voluntary transfer of ownership

5. If the seller delivers to the buyer a quantity less than he contracted to sell, the buyer may __________.
(a) reject the goods
(b) accept the goods
(c) either ‘a’ or ‘b’
(d) neither ‘a’ nor ‘b’

6. For a valid contract of sale, delivery may be:
(a) Actual delivery
(b) Symbolic delivery
(c) Constructive delivery
(d) All of these

7. If the seller delivers to the buyer a quantity larger than he contracted to sell, the buyer may __________.
(a) reject the whole
(b) accept the whole
(c) accept the quantity he ordered and reject the rest
(d) either ‘a’, ‘b’ or ‘c’

8. Delivery of the keys of a godown where goods are kept amounts to:
(a) Actual delivery
(b) Symbolic delivery
(c) Constructive delivery
(d) All of these

9. In case of carriage of goods by sea, where the [ seller has to put the goods on board a ship at his own expenses, the contract is known as __________.
(a) F.O.B. Contract
(b) C.I.F. Contract
(c) Ex-ship Contract
(d) FAS Contract

10. _______ delivery involves change in the possession of goods without any change in their actual custody.
(a) Actual delivery
(b) Symbolic delivery
(c) Constructive delivery
(d) None of these

11. In case of carriage of goods by sea, where the seller has to deliver the goods to the buyer at the port of destination, the contract is known as _______.
(a) F.O.B. Contract
(b) C.I.F. Contract
(c) Ex-ship Contract
(d) FAS Contract

12. Which of the following is not a form of delivery ________.
(a) Actual delivery
(b) Symbolic delivery
(c) Constructive delivery
(d) Systematic delivery

13. Under a ______ contract the seller is required to insure the goods, deliver them to the shipping company, and arrange for their affreightment.
(a) F.O.B. Contract
(b) C.I.F. Contract
(c) Ex-ship Contract
(d) FAS Contract

14. Where the part delivery is made in progress of the whole delivery, then:
(a) It is treated as delivery of the whole
(b) It is treated as delivery of the part
(c) It is not treated as delivery at all
(d) None of these

15. The general principle regarding transfer of title in case of sale of goods is that __________.
(a) The seller cannot transfer to the buyer a better title than he himself has
(b) The seller can transfer to the buyer a better title than he himself has
(c) The buyer can transfer to the seller a better title than he himself has
(d) The seller’s representative can transfer to the buyer no title

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By Team Learning Mantras