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56. When does the property in the goods pass to the buyer in case of a contract for the sale of specific or ascertained goods:
When the contract for sale is made
When the parties to the contract intend it to be transferred
When the price is paid for the goods
When the delivery of goods has been made
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57. When does the property in the goods pass to the buyer in case of an unconditional contract for the sale of specific goods in a deliverable state:
When the contract is made irrespective of whether the time of payment of price or delivery of goods is postponed or not
When the party Intends to transfer
At the time of the payment of the price of goods
At the time of delivery of goods
58. When does the property in the goods pass to the buyer in case of a contract for the sale of unascertained or future goods by description:
When the goods of that description and in a deliverable state are unconditionally appropriated to the contract either by the seller or by the buyer with the assent of each other
When the goods of that description and in a deliverable state are conditionally appropriated to the contract either by the seller or by the buyer with the assent of each other
When the goods of that description and in a non-deliverable state are conditionally appropriated to the contract either by the seller or by the buyer with the assent of each other
When the goods of that description and in a non-deliverable state are unconditionally appropriated to the contract either by the seller or by the buyer with the assent of each other
59. In which of the following cases property in the goods does not pass to the buyer when the goods are delivered to the buyer on approval or “on sale or return” or other similar terms:
When the buyer signifies his approval or acceptance to the seller as to goods
When the buyer retains the goods without giving notice of rejection and upon expiry of reasonable time
When a buyer gives notice of rejection to the seller
When a buyer does any other act adopting the transaction
60. Choose the most appropriate answer. Unless otherwise agreed, the goods remain at seller’s risk until:
The goods have been delivered to the buyer
The goods have been utilized by the buyer
The price of the goods has been received by seller
The property therein has been transferred to the buyer
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