Top 150+ Solved Fundamentals of Law MCQ Questions Answer

From 61 to 75 of 119

Q. Mr. A delivers a basket of mango to Mr. B mistaking him to be Mr. C and Mr. B consumes those mangos. Hence

a. Mr. B is bound to pay compensation to Mr. A for the value of Mango.

b. Mr. B is not bound to pay any compensation as there was no agreement and it is ‘A’s fault.

c. Mr. B is bound to pay compensation for value of mango and damages.

d. None of the above

  • a. Mr. B is bound to pay compensation to Mr. A for the value of Mango.

Q. Agreement of which the consideration is inadequate is

a. Void

b. Voidable

c. Valid

d. None of the above

  • c. Valid

Q. Mr. A promises in writing to pay time barred debt to Mr. B. This is

a. Not enforceable

b. Enforceable

c. Voidable

d. None of the above

  • b. Enforceable

Q. An auction sale is complete on the

a. Payment of price

b. Delivery of goods

c. Fall of hammer

d. Signing of agreement

  • c. Fall of hammer

Q. Seller can raise the price by fictitious bids in an auction sale with the help of

a. pretended bidding

b. puffers

c. agent

d. broker

  • b. puffers

Q. Delivery of goods means

a. Voluntary transfer of possession

b. Compulsory transfer of possession

c. Exchange of goods

d. Voluntary transfer of ownership.

  • a. Voluntary transfer of possession

Q. For a valid contract of sale, delivery may be

a. Actual delivery

b. Symbolic delivery

c. Constructive delivery

d. All of the above

  • d. All of the above

Q. Inchoate instrument is

a. An instrument incomplete in some respect

b. An ambiguous instrument

c. A clean bill

d. Drawn conditionally as collateral security

  • a. An instrument incomplete in some respect

Q. Which of the following is not a Negotiable Instrument as per the Negotiable Instrument Act,1881?

a. Bill of exchange

b. Delivery note

c. Cheque

d. Share certificate

  • d. Share certificate
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