Test: Business Laws - 3 - CA Foundation MCQ

Which of the following is not an exception to the principle of `no consideration, no contract?

A contract, where the possession of goods is transferred by one party to the other for a specific purpose and as and when the purpose is accomplished, the goods are delivered back, is called

A contract for the benefits of a minor is

An agreement to agree in future is

The person to whom an offer is made is called

Wagering agreements are _________ in India.

A hire purchase agreement is just like

A contract which is against the law in India is called a/an_________ contract.

Which one of the following persons are not partners?

An agreement which is not enforceable by law is called __________ contract.

Which of the following is the most important feature and true test of partnership?

A partnership agreement may be

Which of the following contracts can be terminated by the buyer anytime without paying any damages or the price of goods further?

A stipulation in a contract of sale, which is collateral to the main purpose of the contract is called

A contract which suffers from some technical defect such as inadequate affixing of court fee stamps is a/an _____ contract.

Which of the following results from mental pressure?

Which of the following contracts is based upon the extent of execution or performance?

An agreement which stands on the basis of lose-win of two parties is called

Which of the following is not among one of the three essential elements of partnership?

There cannot be more than ___ partners in a non-banking partnership business.

Which of the following contracts stands on the ground of equity?

Agreements which are collateral to void agreements are