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The Professionals Academy of Commerce Gujranwala Campus Revision Test (Mod-B) M.

Law June 15, 2012


Total Marks= 35 Time: 65 mins
Question #1: In every contract of sale rule of caveat emptor applies. Write down the conditions in which this rule does not apply. (06) Question #2: Describe the modes in which liability of implied conditions and warranties can be excluded from the contract of sale. (06) Question #3: Describe the rules for the following: (a) Sale by sample (03) (b)Perishing of goods before sale but after agreement to sell (03) (c) Transfer of property in unascertained goods (03) (d)Sale by buyer in possession of goods after agreement to buy (04) (e) Determination of price (05) Question #4: Mr. A entered into a contract of sale for some unascertained goods to be delivered in packets of 100 to Mr. B. 20 Packets were ascertained in presence of Mr. B. when Mr. B left the premises fire struck the godown where goods were placed. Later on Mr. A claimed for the price of the packets that were ascertained in presence of Mr. B. Is Mr. A justified in his claim? (05)

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