Top 150+ Solved Fundamentals of Law MCQ Questions Answer
Q. The principle of Estoppel cannot be applied against a minor since
a. he has no sound mind.
b. he has no privilege to cheat persons by making any representation.
c. he may be induced by dishonest traders to declare in writing that he is a major at the time of entering into a contract.
d. he has not attained the age of maturity.
Q. The term “ a cheque in the ele ctronic form” is defined in the Negotiable Instruments Act, 1881-under
a. Section 6(a)
b. Section 6(1)(a)
c. Explanation 1(a) of Section 6
d. Section 6A
Q. Lending money to a borrower, at h igh rate of interest, when the mo ney market is tig ht renders the agreement of loan:
a. Void
b. Valid
c. Voidable
d. Illegal
Q. Where by the co ntract, a promisor is to perfor m his prom ise without application by the promise and no time for performance is specified, the engagement must be performed within a reasonable time. The question “What i s a reasonable time” is in e ach particular case is
a. a question of fact
b. a question of law
c. a question of general custom
d. All of the above
Q. Unlawful agreements comprise
a. Illegal agreements
b. Immoral agreements only
c. Agreements opposed to public policy only
d. All the agreements mentioned above
Q. In an auction sale, the property shall be sold to be
a. Lowest bidder
b. Highest bidder
c. Any bidder
d. All bidders
Q. Asim unlawfully detains Anil to obtain his va cant flat at Safdarjang enclave (valuing 50,00,000) at 40,00,000. This is a case of
a. Undue influence
b. Coercion
c. Fraud
d. By Force
Q. A contract which ceases to be enforceable by law becomes
a. Voidable contract.
b. Void agreement.
c. Void contract.
d. Valid contract.
Q. Mr. A promises to Mr. B without any intention of performing it. This is a case of
a. Cheating
b. Fraud
c. Valid case
d. None of the above
Q. An advertisement for sale of goods by auction. This is a case of
a. General offer
b. An offer to hold such sale
c. An invitation to offer
d. Implied offer
Q. A stranger to a contract can file
a. A suit
b. A suit only with the permission of court
c. A suit if Contract is in writing
d. Cannot file a suit
Q. Of the following who is competent to enter into a contract?
a. Minor
b. Unsound mind
c. Lunatic
d. Sound mind