Test: Consideration- 2


15 Questions MCQ Test Business Laws for CA Foundation | Test: Consideration- 2


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This mock test of Test: Consideration- 2 for CA Foundation helps you for every CA Foundation entrance exam. This contains 15 Multiple Choice Questions for CA Foundation Test: Consideration- 2 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Consideration- 2 quiz give you a good mix of easy questions and tough questions. CA Foundation students definitely take this Test: Consideration- 2 exercise for a better result in the exam. You can find other Test: Consideration- 2 extra questions, long questions & short questions for CA Foundation on EduRev as well by searching above.
QUESTION: 1

 Which of the following statements is correct?

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QUESTION: 2

Contract created to restrict the rights related to legal proceedings is

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QUESTION: 3

X and Y enter into an agreement to share the profits of the business Carried on by both of them: This agreement is ________.

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QUESTION: 4

Past consideration is valid in:

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QUESTION: 5

Which of the following statements is true?

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QUESTION: 6

 A promise to pay time barred debt must be:

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QUESTION: 7

 Newton owes Rs. 18,000 to Johnson. Johnson promises to accept Rs. 10,000 in full settlement of the account. The agreement is:

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QUESTION: 8

The inadequacy of consideration will be taken into account by a court of law: 

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QUESTION: 9

Agreement without consideration is valid when made ?

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QUESTION: 10

There can be a stranger to a 

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QUESTION: 11

Stanger to a ________ can sue.

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QUESTION: 12

Which of the following is Void Contract?

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QUESTION: 13

An executed consideration is _______.

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QUESTION: 14

Privity of Contract is subject to the exception:

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QUESTION: 15

In case of completed gifts, consideration is 

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