Sale of Goods Act Provisions Explained
This section analyzes the statements related to the Sale of Goods Act to identify the true provision in the context of Indian law.
Understanding the Sale of Goods Act, 1930
The Sale of Goods Act, 1930, is a crucial piece of legislation that governs contracts for the sale of goods. It defines the rights and obligations of buyers and sellers in such transactions. Understanding its origin and scope is key to answering questions about its provisions.
Analysis of Options
Option 1: The provision of Sale of Goods were originally with Indian Contract Act, 1872.
This statement is true. Before the enactment of the specific Sale of Goods Act in 1930, the laws relating to the sale of goods were incorporated within the Indian Contract Act, 1872. The 1930 Act essentially separated and codified these specific provisions into a distinct statute.
Option 2: The Sale of Goods Act, 1930 deals with mortgage.
This statement is false. The Sale of Goods Act, 1930, specifically deals with the transfer of property in goods from a seller to a buyer. Transactions involving mortgages (a type of charge on property for securing repayment of a debt) are typically governed by other laws, primarily the Transfer of Property Act.
Option 3: The Sale of Goods Act, restricts the parties to modify the Provision of Law.
This statement is generally false. While the Act contains certain mandatory provisions, it largely upholds the principle of 'freedom of contract'. Parties can agree to modify or exclude the operation of many implied terms or conditions, as long as it's done explicitly and doesn't go against public policy.
Option 4: The Sale of Goods Act, 1930 deals with all goods except ornaments.
This statement is false. The Act applies to all types of movable goods. This includes tangible items like ornaments, vehicles, furniture, etc., as well as certain types of actionable claims and growing crops/grass, provided they are agreed upon to be severed before sale or under the contract of sale. There is no exclusion for ornaments.
Conclusion
Based on the analysis, the only true statement concerning the Sale of Goods Act is that its provisions were initially part of the Indian Contract Act, 1872, before being codified separately in 1930.
Important Questions from Sale of Goods Act, 1930
Match List I with List II:
List- I
Mode/delivery
List – II
Explanation
A.
Actual delivery (I)
Seller hands over to the buyer the key of the godown where the goods are stored B.
Constructive delivery (II)
Physical handing over of the possession of goods by the seller to the buyer C.
Symbolic delivery (III)
Voluntary transfer of possession of goods from seller to buyer D.
Delivery (IV)
Acknowledgement by third person on behalf of and at the disposal of the buyer
Choose the correct answer from the options given below -The right to ‘stoppage in transit’ exercised by an unpaid seller is to
Which of the following is not an implied condition in a contract of sale?
Meaning of unpaid seller is
Match List I with List ll relating to The Sale of Goods Act
Choose the correct answer from the options given below:List I
List II
A.
Actionable claim
l.
Goods to be manufactured after the making of the contract
B.
Appropriation of goods
ll.
Goods owned by the seller at the time of the making of the contract of sale
C.
Existing goods
lll.
Separating the goods sold from other goods so as to determine and identify the actual goods to be delivered
D.
Future goods
lV.
Recovered only by means of a suit or an action in a court of law
