Top 150+ Solved Business Laws and Special Contracts MCQ Questions Answer
Q. Which of these are not opposed to public policy?
a. trading with enemy
b. stifling prosecution
c. compromise of compoundable offences
d. agreement to commit a crime
Q. Where a person agrees to maintain a suit, in which he has no interest, the proceeding isknown as
a. champerty
b. maintenance
c. stifling with prosecution
d. interference with course of justice
Q. An agreement whereby one party assists another in recovering money or property and in turnshare in the proceeds of the action is called
a. champerty
b. maintenance
c. stifling with prosecution
d. trafficking the public office
Q. Which of the following is a contingent contract?
a. contract of insurance
b. contract for doing impossible acts
c. marriage contract
d. wagering agreements
Q. Consent means parties agreeing on
a. the terms of contract
b. some terms of contract
c. the same thing in the same sense
d. any matter of contract
Q. _________ means forcibly compelling a person to enter into a contract
a. intimidation
b. fraud
c. mistake
d. coercion
Q. Duress under English contract law is similar to
a. undue influence
b. coercion
c. fraud
d. misrepresentation
Q. When one of the parties is under a mistake as to a matter of fact essential to the agreement, itis called
a. unilateral mistake
b. bilateral mistake
c. partial mistake
d. incomplete mistake
Q. The maxim ‘Ignoranlia juris non excusa’ stands for
a. law will not punish ignorant people
b. law will punish illiterate people
c. ignorant people can excuse law
d. ignorance of law of land is no excuse
Q. The case of ‘no consent’, i.e., when there is no consent at all, is described by Salmond as
a. error in causa
b. error in consensus
c. consensus ad idem
d. offer and acceptance
Q. Capacity to contract means
a. the parties are financially sound to make contracts
b. the parties are physically able to enter into contracts
c. the parties are legally competent to enter into contracts
d. all of the above
Q. Competence to contract means
a. age of the parties
b. soundness of the mind of the parties
c. both (a) & (b)
d. intelligence of the parties
Q. A minor’s agreement is void. This was held in the case of
a. mohiri bibee vs. dharmadas ghosh
b. salma begam vs. jan mohamed khan
c. balfour vs. balfour
d. chinnaiya vs. ramaiya
Q. A minor can be
a. ratify his agreement after attaining majority
b. be directed by the court for specific performance of the contract
c. always plead his minority
d. be held liable for cheques issued by him