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Chapter 10 Self-test questions
Quiz Content
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Which of the following statements is correct?
A contract of sale must involve the transfer or agreement to transfer the ownership of goods.
correct
incorrect
The contract of sale only applies where the seller sells in the course of a business.
correct
incorrect
A contract of sale must be evidenced in writing.
correct
incorrect
A contract of sale cannot involve any element of a service.
correct
incorrect
A contract of sale must involve the transfer in the ownership of goods.
correct
incorrect
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What does 'consideration' mean for the purpose of s 2(1) of the Sale of Goods Act 1979?
Something of economic value
correct
incorrect
Exactly the same as it does at common law
correct
incorrect
Money
correct
incorrect
Money or exchange
correct
incorrect
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What is the meaning of specific goods?
Goods that are identified and agreed upon at the time a contract of sale is made
correct
incorrect
Goods sold pursuant to a contract of sale to which the Sale of Goods Act 1979 applies
correct
incorrect
Existing goods
correct
incorrect
Future goods
correct
incorrect
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What is the meaning of unascertained goods?
There is no such thing
correct
incorrect
Goods that are identified and but not necessarily agreed upon at the time a contract of sale is made
correct
incorrect
Goods that are not specific
correct
incorrect
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Which of the following statements most accurately reflects the method of ascertaining the price of goods pursuant to a contract of sale?
Whatever has been agreed by the parties
correct
incorrect
The price may be fixed by the contract. Where the price is not determined in this way, the buyer must pay a reasonable price.
correct
incorrect
The price may be fixed by the contract or may be determined by the course of dealing between the parties. Where the price is not determined in this way the buyer must pay a reasonable price.
correct
incorrect
The price may be fixed by the contract or may be left to be fixed in a manner agreed by the contract or may be determined by the course of dealing between the parties. Where the price is not determined in this way the buyer must pay a reasonable price.
correct
incorrect
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Which of the following statements most accurately describes the circumstances where the Consumer Rights Act 2015 applies?
Where there is a contract with a consumer to supply goods, digital content or services.
correct
incorrect
Where there is a contract with a consumer to supply goods or digital content provided the seller sells in the course of a business.
correct
incorrect
Where there is a contract with a consumer to supply goods.
correct
incorrect
Where there is a contract between a trader and a consumer to supply goods, digital content or services.
correct
incorrect
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Which of the following correctly defines 'trader' for the purposes of the Consumer Rights Act 2015?
A person acting in the course of a business selling goods to a consumer.
correct
incorrect
A person acting for purposes relating to that person's trade, business, craft, or profession, whether acting personally or through another person acting in the trader's name or on the trader's behalf.
correct
incorrect
A person acting in the course of a business selling goods or services to a consumer.
correct
incorrect
A person acting in the course of a business selling goods, services or digital content to a consumer.
correct
incorrect
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Which of the following correctly defines 'consumer' for the purposes of the Consumer Rights Act 2015?
An individual purchasing goods or services from a trader.
correct
incorrect
An individual purchasing goods from a trader.
correct
incorrect
An individual purchasing goods, services or digital content from a trader.
correct
incorrect
An individual acting for purposes that are wholly or mainly outside that individual's trade, business, craft, or profession.
correct
incorrect
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Which of the following correctly defines 'goods' for the purposes of the Consumer Rights Act 2015?
Any items sold by a trader to a consumer.
correct
incorrect
Any items or services sold or supplied by a trader to a consumer.
correct
incorrect
Any tangible moveable items sold by a trader to a consumer.
correct
incorrect
Any tangible moveable items, but that includes water, gas, and electricity if and only if they are put up for supply in a limited volume or set quantity.
correct
incorrect
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Which of the following statements most accurately defines a 'hire-purchase agreement' for the purposes of the Consumer Rights Act 2015 applies?
If it meets the following two conditions. First, the goods are hired by the trader in return for periodical payments by the consumer and, second, ownership of the goods will transfer to the consumer if the terms of the contract are complied with and the consumer exercises an option to buy the goods, any party to the contract does an act specified in it, or an event specified in the contract occurs.
correct
incorrect
If it meets the following condition: the goods are hired by the trader in return for periodical payments by the consumer.
correct
incorrect
If it meets the following condition: ownership of the goods will transfer to the consumer if the terms of the contract are complied with and the consumer exercises an option to buy the goods.
correct
incorrect
If it meets the following two conditions. First, the goods are hired by the trader in return for periodical payments by the consumer and, second, the consumer has not fallen into arrears with the periodic payments or, if they have, they have remedied the situation when required to do so by the party supplying the goods.
correct
incorrect
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