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John buys a vacuum cleaner from a door-to-door salesperson for $200, and he receives a signed contract. After thinking it over, he decides to cancel

John buys a vacuum cleaner from a door-to-door salesperson for $200, and he receives a signed contract. After thinking it over, he decides to cancel the purchase. Is John eligible to cancel the sale under the Consumer Protection Act?

Question 1 options:

Yes, he can cancel within 5 days.

No, door-to-door sales are exempt from the cooling-off period.

Yes, he can cancel within 10 days.

No, the cooling-off period only applies to purchases over $300.

Question 2 (1 point)

Jane visits a hardware store to purchase paint for her house. She asks the store owner for a specific brand and color of paint, which they identify and agree upon. What category of goods does this situation represent?

Question 2 options:

Unascertained Goods

Specific Goods

Ascertained Goods

Existing Goods

Question 3 (1 point)

Match the following categories of goods to their descriptions:

Question 3 options:

12

________ - Goods owned or possessed by the seller at the time of sale.

12

________ - Goods identified and agreed upon at the time of the contract of sale.

1.

Existing Goods

2.

Specific Goods

Question 4 (1 point)

John who agrees to sell a rare vintage book to Jane, if he can obtain it from a collector, Mark. Unfortunately, Mark decides not to part with the book. In this scenario, what is John's liability for damages?

Question 4 options:

John is liable for damages only if Jane can prove his negligence.

John is not liable for damages, but he must compensate Jane for her inconvenience.

John is not liable for damages since the sale depended on a contingency.

John is liable for damages as he agreed to sell the book.

Question 5 (1 point)

Mark visits a furniture store and orders a custom-made dining table that the store will manufacture specifically for him. What category of goods does this transaction fall under?

Question 5 options:

Future Goods

Generic or Unascertained Goods

Ascertained Goods

Specific Goods

Question 6 (1 point)

In Qubec, the regulation of the sale of goods is governed by its Civil Code, making it structurally and procedurally different from the other provinces in Canada.

Question 6 options:

True
False

Question 7 (1 point)

Alice enters into a contract to purchase a custom-made piece of furniture from Bob, but they do not specify a price. Later, they both agree on a price, but Alice refuses to pay it, claiming it's unreasonable. What standard will determine whether the price is reasonable?

Question 7 options:

A price determined by the course of dealings between Alice and Bob.

The average market price of similar furniture.

A price determined by Bob's competitors.

The price Alice initially proposed.

Question 8 (1 point)

In a sale of goods contract, the parties can agree to any form of payment, including trade-ins of other goods for a portion of the purchase price.

Question 8 options:

True
False

Question 9 (1 point)

Mr. Smith enters an electronics store and selects a laptop from several available options with different specifications. Which category of goods does the laptop fall into?

Question 9 options:

Specific Goods

Existing Goods

Unascertained Goods

Ascertained Goods

Question 10 (1 point)

Match the following rules of title transfer in the sale of specific goods:

Question 10 options:

12

Title transfers when work is done to put specific goods into a deliverable state, and the purchaser is notified.

12

Title to the goods passes to the buyer when the contract is made, regardless of the timing of payment or delivery.

1.

Rule one

2.

Rule two

Question 11 (1 point)

In a sale of goods contract, which of the following statements is true regarding payment methods?

Question 11 options:

Parties can only use cash or cash equivalents for payment.

Payment can only be made through electronic transfers

Payment methods are strictly regulated by government authorities.

Parties can agree to any form of payment, including trade-ins, as long as it doesn't amount to a barter agreement.

Question 12 (1 point)

Provincial legislation related to quality, fitness, trade practices, and consumer protection may vary by province in Canada.

Question 12 options:

True
False

Question 13 (1 point)

Provincial sale of goods legislation implies conditions related to the description, quality, fitness, and matching of goods in certain circumstances.

Question 13 options:

True
False

Question 14 (1 point)

Match the following principles related to ownership and risk in sales contracts:

Question 14 options:

12

The terms of agreement between the parties may provide as to when the ownership shall be transferred and who shall suffer loss.

12

The defaulting party shall suffer the loss which has occurred due to such delayed delivery of the goods.

1.

AGREEMENT BETWEEN THE PARTIES

2.

GOODS ARE AT THE RISK OF THE PARTY IN DEFAULT

Question 15 (1 point)

What is a key characteristic of a contract of sale of goods in Canada?

Question 15 options:

It involves the exchange of goods for services.

It exclusively applies to transactions between part owners.

It requires the transfer of property in tangible, movable goods for a price.

It pertains to intangible property.

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