A. Who has ceased to pay his debts in the ordinary course of business
B. Or can not pay his debts as they become due
C. Both A and B
D. None of above
Related Mcqs:
- Section 2, sub-section _____________, of the Sale of Goods Act, 1930 defines “Goods” ?
A. 5
B. 6
C. 7
D. None of above - As per section 2(12), of the Sale of Goods Act, quality of goods include_______________?
A. State of goods
B. Conditions of goods
C. Both A and B
D. None of above - The agent having in customary course of business as such agent authority either to sell goods or to consign goods for the purpose of sale or to buy goods or to raise money on the security of goods is called ______________?
A. Agent
B. Mercantile agent
C. Partner
D. None of above - As per section 2, sub section 7 every kind of moveable property other than actionable claim and money is called __________________?
A. Goods
B. Future goods
C. Both A and B
D. None of above - As per section 4(2), of The Sale of Goods Act, a contract of sale may be _________________?
A. Absolute
B. Conditional
C. Both A and B
D. None of above - Future goods means goods to be manufactured or produced or acquired by the seller ________________?
A. In future prescribed time
B. After making of contract
C. Before making of contract
D. None of above - Section 12, of the Sale of Goods Act deals with __________________?
A. Condition in contracts
B. Warraty in contracts
C. Both A and B
D. None of above - Section 31 of the Sale of Goods Act deals with duties of seller_______________?
A. To show goods
B. To deliver goods
C. To change goods
D. None of above - Section ________ to __________, of the Sale of Goods Act deals with performance of the contract ?
A. 31 to 44
B. 25 to 40
C. Both A and B
D. None of above - Section 57, of the Sale of Goods Act, deals with_____________?
A. Suit for price
B. Suit for damages for non-delivery
C. Suit for damages for non-acceptance
D. None of above