Daily MCQs for Judiciary Prelims Exams - (28 June 2025)
Question/ Answer
Question1:- In a ‘sale’ under the Sale of Goods Act, 1930, the property in goods is:
A) Transferred immediately
B) Transferred at a future date
C) Not transferred at all
D) Transferred on delivery only
Answer is a is correct. In a "sale," ownership is transferred to the buyer immediately. If the transfer is to happen in the future, it is called an agreement to sell. Therefore, option A is correct.
Question2:- What is the nature of the contract in a sale by description under SOGA?
A) Implied contract
B) Wagering contract
C) Void contract
D) Illegal contract
Answer is a is correct. In a sale by description, there's an implied condition that the goods shall correspond with the description (Section 15 of SOGA). Therefore, option A is correct.
Question3:- When does the risk in goods generally pass from the seller to the buyer?
A) On delivery of goods
B) On payment of price
C) On transfer of property in goods
D) After inspection by buyer
Answer is c is correct. Risk passes with ownership unless otherwise agreed (Section 26 of SOGA). Therefore, option C is correct.
Question4:- Which of the following events leads to the automatic dissolution of a partnership firm?
A) Death of a partner
B) Admission of a new partner
C) Retirement of a partner
D) Dispute between partners
Answer is a is correct. Unless otherwise agreed, death of a partner leads to automatic dissolution of the firm under Section 42(c) of the Act. Therefore, option A is correct.
Question5:- The liability of partners in a partnership firm is:
A) Limited
B) Limited to their share
C) Unlimited and joint
D) Individual only
Answer is c is correct. Under Section 25 of the Indian Partnership Act, partners are jointly and severally liable for the debts of the firm. Therefore, option C is correct.