Question Bank - Marketing Officer

Here's the question bank on all the marketing officer topics.

Match List I with List II:List IList II(A)Actual Delivery(I)Delivery of means of obtaining possession of goods by the seller to the buyer(B)Constructive Delivery(II)Physical handing over of the possession of the goods by the seller to the buyer(C)Symbolic Delivery(III)Voluntary transfer of possession of goods from seller to buyer(D)Delivery(IV)Acknowledgement by a third person in possession of goods to hold them on behalf of and at the disposal of the buyers.Choose the correct answer from the options given below:

A.
(A) - (IV), (B) - (I), (C) - (III), (D) - (II)
B.
(A) - (II), (B) - (IV), (C) - (I), (D) - (III)
C.
(A) - (I), (B) - (III), (C) - (IV), (D) - (II)
D.
(A) - (III), (B) - (II), (C) - (IV), (D) - (I)

Solution:

The correct answer is (A) - (II), (B) - (IV), (C) - (I), (D) - (III)List IList II(A)Actual Delivery(II)Physical handing over of the possession of the goods by the seller to the buyer(B)Constructive Delivery(IV)Acknowledgement by a third person in possession of goods to hold them on behalf of and at the disposal of the buyers.(C)Symbolic Delivery(I)Delivery of means of obtaining possession of goods by the seller to the buyer(D)Delivery(III)Voluntary transfer of possession of goods from seller to buyer Important Points Actual Delivery: If the goods are physically given into the possession of the buyer, the delivery is an actual delivery.Constructive delivery: Even when there is no change in the possession or custody of the items, the transfer of the commodities is still permitted. A case of a constructive delivery would be one made through acknowledgement or attornment. It is a positive delivery if you agree to pick up a package for your friend and keep it for him.Symbolic delivery: Delivery that acts as a symbol for the transfer of another item is referred to as a symbolic delivery. For instance, a symbolic delivery will occur when the buyer receives the key to the godowns containing the products.Delivery: Voluntary transfer of possession of goods from seller to buyer is called delivery.

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