Top 150+ Solved Fundamentals of Law MCQ Questions Answer

From 91 to 105 of 119

Q. Future Goods

a. can be the subject matter of sale.

b. cannot be subject matter of sale

c. sometimes may be the subject matter of sale

d. depends on circumstances

  • a. can be the subject matter of sale.

Q. The doctrine of Caveat emptor is not applicable

a. in case of sale under a patent name.

b. in case of sale under a trade name.

c. where the seller is guilty of fraud

d. where the buyer relies on the skill and judgement of the seller.

  • c. where the seller is guilty of fraud

Q. “Nemo dat quad non habet”, means

a. non one is greater than God.

b. none can give who does not himself posses.

c. every one can give everything he has

d. everyone is bound by his habit.

  • b. none can give who does not himself posses.

Q. Unpaid seller can exercise his right of withholding delivery of goods

a. even when property in goods has passed to the buyer

b. only when property in goods has not passed to the buyer

c. either (A) or (B)

d. neither (A) nor (B)

  • a. even when property in goods has passed to the buyer

Q. When a cheque is payable across the counter of a bank it is called

a. OTC cheque

b. Open cheque

c. Crossed Cheque

d. Restricted cheque

  • b. Open cheque

Q. Law of Contract

a. is the whole law of obligation

b. is the whole law of agreements

c. deals with only such legal obligation which arise from agreement.

d. deals with social agreements.

  • c. deals with only such legal obligation which arise from agreement.

Q. For an acceptance to be valid, it must be

a. partial and qualified.

b. absolute and unqualified

c. partial and unqualified

d. absolute and qualified

  • b. absolute and unqualified

Q. If the communication is made by an unauthorized person, it does not result in a/an

a. Contract

b. Agreement

c. Offer

d. Consideration

  • b. Agreement

Q. An offer does not lapse if the

a. offeror dies before acceptance.

b. offeree dies before acceptance

c. acceptance is made by the offeree in ignorance of the death of the offeror.

d. acceptance is made by the offeree with knowledge of the death of the offeror.

  • c. acceptance is made by the offeree in ignorance of the death of the offeror.

Q. An agreement without consideration is void under

a. Sec. 25(1) of the Contract Act

b. Sec. 25 (3) of the Contract Act

c. Se 25 (2) of the Contract Act

d. None of the above clauses in Sec. 25

  • d. None of the above clauses in Sec. 25

Q. An agreement without consideration is void except in case of compensation for

a. voluntary services rendered

b. voluntary services rendered at the request of the other party to the agreement.

c. voluntary services rendered at the request of third person.

d. reimbursement of expenses incurre

  • a. voluntary services rendered

Q. Which of the following is not competent to contract?

a. a minor

b. a person of unsound mind

c. a person who has been disqualified from contracting by some law

d. all of the above

  • d. all of the above

Q. ‘Active Concealment of fact’ is associated with which one of the following?

a. Misrepresentation

b. Undue Influence

c. Fraud

d. Mistake

  • c. Fraud

Q. The validity of contract is not affected by

a. Mistake of fact

b. Mistake of Indian Law

c. Misrepresentation

d. Fraud

  • b. Mistake of Indian Law
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