Top 150+ Solved Fundamentals of Law MCQ Questions Answer
Q. Voluntary transfer of possession from one person to another is called as
a. Ownership
b. Delivery
c. Gift
d. License
Q. A valid consideration includes,
a. executed or executory consideration.
b. past consideration.
c. inadequate consideration.
d. All of the above
Q. Right in rem implies:
a. A right available against the whole world
b. A right available against a particular individual
c. A right available against the Government
d. None of the above
Q. ‘Goods’ as defined in Sale of Goods Act will include
a. rare coins, goodwill and money.
b. growing crops agreed to be severed before sale, old coins and copyrights.
c. goodwill, copyright, patent and foreign currency.
d. Both (B) and (C)
Q. Communication of acceptance is not necessary
a. by performance of conditions of the offer by offeree.
b. by acceptance of consideration by the offeree.
c. by acceptance of benefit/service by the offeree.
d. All of the above
Q. Merchantable quality of goods means
a. that the goods are commercially saleable.
b. they are fit for the purpose for which they are generally used.
c. Both (A) and (B)
d. the quality should be of high standar
Q. According to Indian Contract Act, a promise is
a. a communication of intention to do something.
b. a proposal which has been accepted.
c. a gentleman’s word to do something.
d. a statement on oath.
Q. Contracts contingent upon the non-happening of the future uncertain event becomes voidwhen such event:
a. Happen
b. Does not happen
c. The event becomes impossible
d. None of the above
Q. A telephonic acceptance is complete when the offer is
a. spoken into the telephone.
b. heard but not understood by the offeror.
c. heard and understood by the offeror.
d. received, heard and understood by some person in the offeror’s house.
Q. If a minor draws, endorses, delivers or negotiates an instrument, such instrument binds
a. all parties to the instrument including the minor.
b. only the minor and not other parties to the instrument.
c. all parties to the instrument except the minor.
d. None of the above
Q. What can a catalogue of books, listing price of each book and specifying the place wherethe listed books are available be termed as?
a. An offer
b. An obligation to sell book
c. An invitation to offer
d. A promise to make available the books at the listed
Q. Which of the statement is incorrect in connection with duties of seller and buyer?
a. It is the duty of the seller to deliver the goods.
b. It is the duty of the buyer to accept and pay for them.
c. It is not the duty of the seller to deliver the goods.
d. It is the duty of the buyer to take delivery of goods.
Q. The inadequacy of consideration may be taken into account by the court
a. in determining the question whether the consent of the promisor was freely given.
b. always in all cases.
c. when the parties complain.
d. when the promisor has not performed his promise.
Q. A finder of goods can sell the goods if
a. the goods are ascertained.
b. the goods are un-ascertained.
c. the goods are valuable.
d. the goods are perishable.
Q. Where consideration is illegal or physically impossible, uncertain or ambiguous, it shall not be
a. transferable by law.
b. unenforceable by law.
c. enforceable by law.
d. None of the above