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Chapter 1 Multiple choice questions
Return to Commercial Law Concentrate 6e Student Resources
Chapter 1 Multiple choice questions
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Where will you find the definition of a contract of sale of goods?
Common law
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Section 2(1) of the Sale of Goods Act 1979
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It has not been specifically defined
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Aldridge v Johnson
(1857) 7 E&B 885
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With a contract of sale, when will the property in the goods be transferred from the seller to the buyer?
As soon as the goods have been paid for
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As soon as the goods have been delivered
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As soon as the contract is made
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As soon as possible
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What is meant by the term "specific goods"?
Specific goods are goods that are identified and agreed upon at the time a contract of sale is made. Type option here
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Specific goods are goods that have been specifically made to fulfil the buyer's order.
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Specific goods are goods that have a specific (rather than a general) use.
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Specific goods are goods that the seller has had to order specifically for the buyer.
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What are "unascertained goods"?
Unascertained goods are goods that need to be specifically ordered
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Unascertained goods are goods that have not been paid for when the contract is made.
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Unascertained goods are goods that are not usually stocked by the seller and are therefore unusual.
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Unascertained goods are in effect all goods that are not specific.
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What are "existing goods"?
Existing goods are goods that the seller has left over from a previous sale.
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Existing goods are goods that are either owned or possessed by the seller.
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Existing goods are goods that the seller knows exist but needs to order them specifically for the buyer.
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Existing goods are goods that have already been manufactured and therefore exist.
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What are "future goods"?
Future goods are goods that the seller needs to order specifically to fulfil the contract of sale.
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Future goods are goods that the buyer does not take with him/her at the time of purchase but are to be delivered at a future time.
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Future goods are goods to be manufactured or acquired by the seller after the making of the contract of sale.
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Future goods are goods sold on credit which the buyer can pay for in the future.
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In which statute will you find the implied terms for contracts for the hire of goods?
Supply of Goods and Services Act 1982.
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Sale of Goods Act 1979.
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Supply of Goods (Implied Terms) Act 1973.
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None of the above. A contract for the hire of goods is governed by common law.
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In which statute will you find the implied terms for contracts for the supply of a service?
Sale of Goods Act 1979
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Sale of Goods Act 1979, but only if the service is incidental to the supply of goods
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Supply of Goods and Services Act 1982
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None of the above. A contract for the supply of a service is governed by common law
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Why aren't the implied terms for contracts of exchange or barter contained in the Sale of Goods Act 1979?
Because the Sale of Goods Act 1979 only applies where section 2(1) is satisfied which it is not in such contracts
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Because there is no consideration in such contracts
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Because contracts of exchange or barter were not recognised in English law until after 1979
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They are
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Why aren't the implied terms for contracts of hire-purchase contained in the Sale of Goods Act 1979?
They are
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They are, but only if the hire purchase agreement is signed on the supplier's premises
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They are, but only if the payments are paid by money
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Because there is no obligation by the hirer of the goods to purchase them. Therefore, there is no obligation to transfer property in them. Consequently, section 2(1) of the Sale of Goods Act 1979 is not satisfied
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