1. Under s13 of the Sales of Goods Act: where the buyer has accepted the goods or part of the goods, then any breach of any condition is to be treated as a breach of warranty.

Select one:TrueFalse

2. Injunction is a court order that directs a party to fulfill an obligation they have lawfully agreed to perform.

Select one:TrueFalse

3. Where the words or conduct of a principal lead a 3rd party to reasonably believe that the Agent has authority, but the Agent does not have authority, then the Principal is:

A. estopped from denying that Agent has authority.

B. estopped from engaging in dealings with the 3rd party.

C. liable from the agent's conduct.

D. None of the choices apply.

4. Liability in tort is governed by common law, not statute.

Select one:TrueFalse

5. The directors and other officers of a company are agents of the company. The company is bound by any contract made by officers acting within their actual or apparent authority.

Select one:TrueFalse

6. Which of the following is not a duty of an agent:

A. to follow lawful instructions of the principal

B. to exercise care and skill

C. to act in person

D. to disclose all information to a client

7.Dollar notes and coins can be categorised as goods.

Select one:TrueFalse

8. An agency cannot be terminated by which of the following:

A. secret commission

B. rejecting an offer of extra commission

C. by revocation

D. by terms

9. X agrees to buy 500 concrete blocks from Z. If the contract requires X to take delivery at Z's place of business, the goods become X's when they have been set aside for X after they are made, and X has been notified that they are ready for collection.

A. This is an example of:

B. Specific Goods

C. Unascertained Goods

D. Goods in a deliverable state

E. Goods in a non-deliverable state

10. Which of the following remedies is granted by the Court to prevent money or assets from being removed from the jurisdiction of the court?

A. Mareva Injunction

B. None of the given choices.

C. Interlocutory injunction

D. Anton Piller Order

11. According to s.31 of the Sales of Goods Act; if the seller delivers a quantity less than what he contracted then:

A. the Buyer may reject the goods

B. the Buyer can ask for a discount.

C. the Buyer may accept the goods

D. the Buyer is entitled to a refund