Possession – NBC Institute

BL – May 2014 – L1 – SA – Q9 – Hire Purchase and Consumer Credit Transactions

Understanding the term for possession in hire purchase after payment.

Question

In hire purchase transaction, the hirer is put in possession of goods on payment of the consideration known as ____________.

Answer

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Tags: Consideration, Hire Purchase, Possession
Level: Level 1

Topic: Hire Purchase and Consumer Credit Transactions
Series: MAY 2014

BL – May 2014 – L1 – SA – Q7 – Agency Law

Identifying the type of agent with implied authority to sell goods in their possession.

Question

An agent in whose possession goods are put with an implied authority to sell them is a ____________.

Answer

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Tags: Agents, Authority, Possession
Level: Level 1

Topic: Agency Law
Series: MAY 2014

BL – Nov 2013 – L1 – SA – Q8 – Sale of Goods

Identifies the right to retain possession of goods before delivery to the buyer.

Question

The right to retain possession of goods before they are delivered to the buyer is _____________________.

Answer

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Tags: Legal Rights, Possession, Sale of Goods, Short Answer
Level: Level 1

Topic: Sale of Goods
Series: NOV 2013

BL – Nov 2023 – L1 – SB – Q3b – Sale of Goods

Discusses property and possession in a sale of goods contract and outlines the buyer’s rights.

Question

Sale of goods contract involves the seller transferring ownership of goods to the buyer for a price.
Required:
i. Explain property and possession in sale of goods contract.
(2 Marks)
ii. State THREE rights of a buyer in sale of goods contract. (3 Marks)

Answer

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Tags: Buyer’s Rights, Possession, Property, Sale of Goods
Level: Level 1

Topic: Sale of Goods
Series: NOV 2023

BL – May 2017 – L1 – SA – Q14 – Sale of Goods

Identifies the type of transfer involved in a sale of goods transaction.

Question

Sale, in a sale of goods transaction, is the transfer of
A. Possession
B. Possession and property
C. Property
D. Bailment
E. Merchantable quantity

Answer

Find Related Questions by Tags, levels, etc.

Tags: Contract Law, Possession, Sale of Goods, Transfer of Property
Level: Level 1

Topic: Sale of Goods
Series: MAY 2017

BL – May 2014 – L1 – SA – Q9 – Hire Purchase and Consumer Credit Transactions

Understanding the term for possession in hire purchase after payment.

Question

In hire purchase transaction, the hirer is put in possession of goods on payment of the consideration known as ____________.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Consideration, Hire Purchase, Possession
Level: Level 1

Topic: Hire Purchase and Consumer Credit Transactions
Series: MAY 2014

BL – May 2014 – L1 – SA – Q7 – Agency Law

Identifying the type of agent with implied authority to sell goods in their possession.

Question

An agent in whose possession goods are put with an implied authority to sell them is a ____________.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Agents, Authority, Possession
Level: Level 1

Topic: Agency Law
Series: MAY 2014

BL – Nov 2013 – L1 – SA – Q8 – Sale of Goods

Identifies the right to retain possession of goods before delivery to the buyer.

Question

The right to retain possession of goods before they are delivered to the buyer is _____________________.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Legal Rights, Possession, Sale of Goods, Short Answer
Level: Level 1

Topic: Sale of Goods
Series: NOV 2013

BL – Nov 2023 – L1 – SB – Q3b – Sale of Goods

Discusses property and possession in a sale of goods contract and outlines the buyer’s rights.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Buyer’s Rights, Possession, Property, Sale of Goods
Level: Level 1

Topic: Sale of Goods
Series: NOV 2023

BL – May 2017 – L1 – SA – Q14 – Sale of Goods

Identifies the type of transfer involved in a sale of goods transaction.

Question

Sale, in a sale of goods transaction, is the transfer of
A. Possession
B. Possession and property
C. Property
D. Bailment
E. Merchantable quantity

Answer

Find Related Questions by Tags, levels, etc.

Tags: Contract Law, Possession, Sale of Goods, Transfer of Property
Level: Level 1

Topic: Sale of Goods
Series: MAY 2017

Question Tag: Possession

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BL – May 2014 – L1 – SA – Q9 – Hire Purchase and Consumer Credit Transactions

Understanding the term for possession in hire purchase after payment.

BL – May 2014 – L1 – SA – Q7 – Agency Law

Identifying the type of agent with implied authority to sell goods in their possession.

BL – Nov 2013 – L1 – SA – Q8 – Sale of Goods

Identifies the right to retain possession of goods before delivery to the buyer.

BL – Nov 2023 – L1 – SB – Q3b – Sale of Goods

Discusses property and possession in a sale of goods contract and outlines the buyer’s rights.

BL – May 2017 – L1 – SA – Q14 – Sale of Goods

Identifies the type of transfer involved in a sale of goods transaction.

BL – May 2014 – L1 – SA – Q9 – Hire Purchase and Consumer Credit Transactions

Understanding the term for possession in hire purchase after payment.

BL – May 2014 – L1 – SA – Q7 – Agency Law

Identifying the type of agent with implied authority to sell goods in their possession.

BL – Nov 2013 – L1 – SA – Q8 – Sale of Goods

Identifies the right to retain possession of goods before delivery to the buyer.

BL – Nov 2023 – L1 – SB – Q3b – Sale of Goods

Discusses property and possession in a sale of goods contract and outlines the buyer’s rights.

BL – May 2017 – L1 – SA – Q14 – Sale of Goods

Identifies the type of transfer involved in a sale of goods transaction.

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Question Tag: Possession

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BL – May 2014 – L1 – SA – Q9 – Hire Purchase and Consumer Credit Transactions

Understanding the term for possession in hire purchase after payment.

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BL – May 2014 – L1 – SA – Q7 – Agency Law

Identifying the type of agent with implied authority to sell goods in their possession.

You're reporting an error for "BL – May 2014 – L1 – SA – Q7 – Agency Law"

BL – Nov 2013 – L1 – SA – Q8 – Sale of Goods

Identifies the right to retain possession of goods before delivery to the buyer.

You're reporting an error for "BL – Nov 2013 – L1 – SA – Q8 – Sale of Goods"

BL – Nov 2023 – L1 – SB – Q3b – Sale of Goods

Discusses property and possession in a sale of goods contract and outlines the buyer’s rights.

You're reporting an error for "BL – Nov 2023 – L1 – SB – Q3b – Sale of Goods"

BL – May 2017 – L1 – SA – Q14 – Sale of Goods

Identifies the type of transfer involved in a sale of goods transaction.

You're reporting an error for "BL – May 2017 – L1 – SA – Q14 – Sale of Goods"

BL – May 2014 – L1 – SA – Q9 – Hire Purchase and Consumer Credit Transactions

Understanding the term for possession in hire purchase after payment.

You're reporting an error for "BL – May 2014 – L1 – SA – Q9 – Hire Purchase and Consumer Credit Transactions"

BL – May 2014 – L1 – SA – Q7 – Agency Law

Identifying the type of agent with implied authority to sell goods in their possession.

You're reporting an error for "BL – May 2014 – L1 – SA – Q7 – Agency Law"

BL – Nov 2013 – L1 – SA – Q8 – Sale of Goods

Identifies the right to retain possession of goods before delivery to the buyer.

You're reporting an error for "BL – Nov 2013 – L1 – SA – Q8 – Sale of Goods"

BL – Nov 2023 – L1 – SB – Q3b – Sale of Goods

Discusses property and possession in a sale of goods contract and outlines the buyer’s rights.

You're reporting an error for "BL – Nov 2023 – L1 – SB – Q3b – Sale of Goods"

BL – May 2017 – L1 – SA – Q14 – Sale of Goods

Identifies the type of transfer involved in a sale of goods transaction.

You're reporting an error for "BL – May 2017 – L1 – SA – Q14 – Sale of Goods"

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