With Respect to a Sale of Goods, Which One of the Following

question 88

Multiple Choice

With respect to a sale of goods, which one of the following statements is false?

• A) Legislation in most provinces will not allow a seller to override the requirement that goods supplied be fit and of merchantable quality in consumer transactions.
• B) A seller who has been given a cheque that bounces (is dishonoured for insufficient funds) in payment for goods that he still possesses has rights against the goods themselves as well as an action for breach of contract against the buyer.
• C) The Sale of Goods Act does not apply to the purchase of real estate or of bonds.
• D) If the parties do not agree otherwise, the risk of loss stays with the seller until delivery.
• E) If the parties do not agree otherwise, the time of payment is the time of delivery.

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Definitions:

Organizational Chart

A diagram that displays the structure of an organization and the relationships and relative ranks of its parts and positions/jobs.

Direct Supervision

A management approach where supervisors closely oversee the work process and tasks of their subordinates.

Formal Instructions

The provision of structured and official guidance or directives, often in an educational or organizational setting.

Standardizing Skills

The ability to implement and adhere to uniform procedures or measures across different activities or operations to ensure consistency.