Mercantile law doubts

Niket Sinha (CA CS Student B.Com-II)   (230 Points)

25 May 2011  

hi frnds..!!

can u pls help me out wid following doubts of mine..??

 

1. contract of sale is:-

a. executed contract

b. executory contract

c. both 

d. none

 

2. when property in goods has not passed, the unpaid seller has a right of:-

a. with holding delivery

b. stoppage in transit

c. both 

d. none

 

3. A delivers two suit lengths to B, a renowned seller to switch winter suit for him, with the instruction to return the suit after stitching. This is a case of:-

a. agreement to sale

b. bailment

c. pledge

d. none

 

plzz answer to these questions and i'll be really glad if u give explanations to above questions as well...!!