Test: Business Laws - 4
40 Questions MCQ Test Business Laws for CA Foundation | Test: Business Laws - 4
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An agreement which is enforceable by law at the option of one or more of the parties thereon but not at the option of the other or others is a
An agreement, the object or consideration of which is unlawful, is
If A agrees to deliver 100 kg of sugar to B in exchange of 15 meters of cloth, then it is
A stipulation which is collateral to the main purpose of the contract, and if proves false, gives the buyer only a right to claim damages, is known as
Which of the following is false?To make an offer valid, it must
In the absence of agreement, to the contrary, all partners are
Selection of goods with the intention of using them in performance of the contract and with the mutual consent of the seller and the buyer is known as
A, B and C jointly promised to pay Rs. 60,000 to D. Before performance of the contract, C dies. Here, the contract
Goods which are in existence at the time of the Contract of Sale is known as
Which of the following is not an exception to the rule "no consideration, no contract"?
Which of the following is not an implied condition in a contract of sale?
G paid Rs. 1,00,000 to H to influence the head of the Government Organisation in order to provide him some employment. On his failure to provide the job, G sued H for recovery of the amount. Which of the following is correct?
A mistake as to a law not in force in India has the same effect as
Which of the following statements, about the registration of firm, is not true?
A agrees to pay Rs. 5 lakhs to B if he (B) procures an employment for A in Income Tax Department. This agreement is
An agreement is void if it is opposed to public policy.
Q. Which of the following is not covered by heads of public policy?
Generally, which of the following damages are not recoverable?
A sold a tin of disinfectant powder to K without warning knowing fully that if the tin was not opened with care, it will likely to cause injury. K was injured while opening the tin.
Q. Which of the following statement(s) is/are correct?
The term "goods" under Sale of Goods Act, 1930 does not include
A agrees to sell his car worth Rs. 100,000 to B for Rs. 20,000 only, and A`s consent was obtained by coercion. Here, the agreement is
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