Chapter 20 Mercantil

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Master the Art of Mercantile Law

Test your knowledge of mercantile regulations and the Sale and Purchase Agreement (SPA) in Spanish law. This quiz consists of 10 multiple-choice questions designed to challenge your understanding of key concepts.

Engaging and thought-provoking questions
Assess your understanding of commercial agreements
Enhance your knowledge of buyer and seller obligations

10 Questions2 MinutesCreated by LegalEagle342

Which of the following statements is true

The SPA is te most important commercial agreement

The SPA is the most legally regulated contract

The SPA is the prototype of bilateral contracts

All the above

Which of the following statements is true?

The SPA regulations are contained in the CCom and the CC, but we also have to take into account the regulations for users and consumers

The SPA regulations are contained exclusively in the CCom

The SPA regulations are contained exclusively in the CC

The SPA regulations are contained in the CCom and the CC

Which of the following requirements need to be met as to consider commercial a SPA under Spanish Law

The presence of a consumer

The presence of an entrepreneur

The presence of both a consumer and entrepreneur

Movable thing, the speculative intention of the buyer and the profit-making purpose in the resale of goods

As regards the delivery obligation, the transfer of the property requieres:

A title, usually contract

The mode

A and B are correct

None of the above

Manifest defects

Are not regulated by the CCom

Are defects that, existing before delivery, cannot be appreciated with the naked eye by the buyer

Are external defects appreciable for the buyer or that must be appreciable for the buyer if the buyer is an expert who, because of his profession should easily recognize them

All of the above

As regards the warranty regime for defects of flaws of the goods

It is an imperative regime that cannot be changed

It is a default regime that can be modified by means of contractual arrangements between both parties

Any modification has to be approved by a court resolution

None of the above

As regards the buyer obligations

They are basically two, the payment of the consideration and the reselling of the goods

They are basically two, the payment of the consideration and taking out insurance For the transportation of goods

They are basically two, the payment of the consideration and the receipt of goods.

None of the above

In matters concerning the risk transfer in a SPA

The problem lies in who has to bear the risk between the perfection and the consummation of the contract in fortuitous causes

The legal regime laid down in the CCom is not mandatory and can be modified by agreement between the parties

If the item sold is a determined object, the risk shall be borne by the seller until the object is made available to the buyer. From this moment the risk is transferred to the buyer

All the above

Que in the absence of delivery in the fixed term of time which are the options of the buyer?

The termination of the contract, and refusing to receive the merchandise if the seller offers it after the deadline

The fulfillment of the contract, requiring the seller to deliver the merchandise even if delayed

A and B are correct

None of the above

In the event of breach of the payment obligation

If the payment obligation is in cash, the seller cannot refuse to deliver the goods

If the payment obligation is in cash, the seller can refuse to deliver the goods

If the payment obligation is in cash, the seller can refuse to deliver the goods, terminate the contract or require fulfillment

None of the above

Chapter 20 Mercantil

Master the Art of Mercantile Law

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