Question

1. As per Indian Contract Act 1872, "An Agreement not enforceable by law" is known as __ *

1 point

A Agreement

B Contract

C Obligation

D Void Contract

2. Every Promise and every set of Promises forming consideration for each other becomes _____ *

1 point

A Obligation

B Agreement

C Relationship

D Acceptance

3. " Quid - Pro - Quo" or "Something in Return" is an important feature of a Contract is legally known as __ *

1 point

A ' Leave - me - alone'

B Consideration

C No return for anything

D Return is must

4. One of the following Contract is expressly declared as Void by the Indian Contract Act. *

1 point

A Agreement of Friendship

B Marriage Agreement

C Betting agreement

D Agreement of Trade

5. When Contract is discharged due to death, insanity, insolvency or lapse of time. It is known as discharge by __ *

1 point

A Natural Calamity

B God's will

C Bad Luck

D Operation of Law

6. Electronic, Megnatic, Optical and high speed data processing device is known as __ *

1 point

A Optical Pair

B Magnatic Network

C High Speed Engine

D Computer System

7. The term "Transfer of Property" under a contract of sale of goods __ *

1 point

A Registration of a house

B Shifting of house

C Transporting a machine

D Transfering of ownership

8. Doctrine of 'Caveat Emptor' means __ *

1 point

A Emperor should be a doctor

B Emperor should be Careful

C Seller should be careful

D Buyer should be careful

9. Unpaid Vendor means__ *

1 point

A A seller who did not pay the price

B A vendor to whom price is not paid

C A buyer who did not pay the price

D A vendor who did not sell the goods

10. The following is one of the legal rights granted to consumer by the Consumer Protection Act __ *

1 point

A Right of Freedom

B Right of Education

C Right of Free Sample

D Right of testing a product

11. How many Board Meetings should be held in a year __ *

1 point

A 12 Meetings

B 4 Meetings

C 6 Meetings

D 3 Meetings

12. How many days advance notice should be given for Annual General Meeting___ *

1 point

A 25 days

B 30 days

C 21 days

D 07 days




all the answers
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Answer 1

Answer: 1. Void agreements

2. Agreements

3. Consideration

4. Betting agreements

5. Operation of law

6.

7. Transfering of ownership

8.

9. A vendor to whom price is not paid

10. Right of testing a product

Explanation:

Answer 2

Answer:

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