A stipulation in a contract of sale which is collateral to the main purpose of contract is called as

Related MCQs

• If a contract of a sale contains a stipulation which is impossible to fulfill then
• Where a contract of sale purports to effect a present sale of future goods, the contract operates as
• When the performance of a contract becomes impossible, the purpose which the parties had in mind is frustrated. If the purpose becomes impossible because of supervening event, the promisor is excused from the performance of the contract. This is known as :
• Where there is a contract for the sale of specific goods, and the goods perish before the making of contract, without the knowledge of the seller, the contract is
• A stipulation in a contract in the nature of penalty is
• Whether or not any stipulation other than time of payment is of the essence of the contract depends upon —
• Where under a contract of sale the property in goods is transferred from the seller to the buyer, the contract is called.
• Where under a contract of sale the property in goods is to be transferred at a future time, the contract is called.
• The purpose of weighing, measuring or testing of goods in a contract of sale of specific goods in deliverable state is:
• Where under a contract of sale, the price is payable on a certain day irrespective of delivery and Buyer wrongfully neglects or refuses to pay the price, the Seller can sue the Buyer for the price of goods. For this purpose, goods —