The agent having in customary course of business as such agent authority either to sell goods or to consign goods for the purpose of sale or to buy goods or to raise money on the security of goods is called

Related MCQs

• The delivery of goods by one person to another for some purpose, upon a contract and that they shall, when the purpose is accomplished, be returned or otherwise disposed of by accounting to the directions of the person delivering them, then it is called:
• An agreement to pay money money’s worth on the happening or non happening of a specified uncertain event is a
• A stipulation in contract of sale with reference to goods which are the subject there of may be
• A, by a letter dated 25th December 1998, offers to sell his house to B for Rs.10 lakhs. The letter reaches on 27th Dec.1998, who posts his acceptance on 28th Dec. 1998 which reaches A on 30th Dec.1998. Here the communication of offer is completed on;
• A agrees to sell his car worth Rs. I00000 lakh to B for rs.20000 and A’s consent was obtained by coercion. Here, the agreement is;
• A threatens to kill B if he does not agrees to sell his scooter from him for Rs.1000. Here B’s consent is obtained by
• A agrees to sell his car to B at a price which B may be able to pay. This agreement is
• Sonia contracts with Anshul to buy a necklace, believing it is made of pearls whereas in fact it is made of imitation pearls of no value. Anshul knows that Sonia is mistaken and takes no steps to correct the error. Now Sonia wants to cancel the contract based on fraud. Which of the following statement is correct?
• A sells the goodwill of his business to B and agrees with him to refrain from carrying on a similar business within specified local limits. This contract is
• If an instrument may be construed either as a promissory note or bill of exchange, it is