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Statement 1: The delivery of the object in contracts of sale always transfers ownership over such object. Statement 2: The vendor shall not be bound

Statement 1: The delivery of the object in contracts of sale always transfers ownership over such object. Statement 2: The vendor shall not be bound to deliver the thing sold, if the vendee has not paid him the price.*

Both statements are true

Both statements are false

Only statement 1 is true

Only statement 2 is true

Where the seller delivers to the buyer a quantity of goods less than he contracted to sell, what is/are the available remedy/ies of the buyer?*

The buyer can rescind the contract

The buyer can reject the goods

The buyer can accept the goods so delivered & pay at the contract rate if he knew that the seller is not going to perform the contract in full

All of the above

B and C only

Statement 1: If there is no agreement between the parties or usage of trade, delivery can be made at the place of business of the seller. Statement 2: If there is an agreement between the parties, delivery shall be made at the residence of the seller.*

Both statements are true

Both statements are false

Only statement 1 is true

Only statement 2 is true

Statement 1. Goods which are still to be manufactured at the time of the sale can be considered as objects of sale and the sale is perfected when there is a meeting of minds to that effect. Statement 2. Things subject to resolutory condition may be the object of the contract of sale.*

Only Statement 1 is true

Only Statement 2 is true

Both Statements are true

Both Statements are false

Statement 1. In a contract of sale if the thing or article is lost before delivery to the vendee, the vendor bears the loss. Statement 2. Sale is commutative which means that both parties give and receive equivalent values.*

Only Statement 1 is true

Only Statement 2 is true

Both Statements are true

Both Statements are false

In case of breach of warranty against hidden defect, the seller is liable to pay, except?

The value of the thing sold at the time of the eviction

Expenses in the execution of the contract of sale

Cost of the suit

Damages and Interest

All of the above

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