Top 1000+ Solved Fundamentals of Laws and Ethics MCQ Questions Answer
Q. Are rights under a contract assignable unless the contract is personal in its nature?
a. Yes
b. No
c. Not in normal cases
d. Depends
Q. A modification or revocation of the contract requires a ……… of each contracting party.
a. Denial
b. Consensus
c. Modification
d. Revocation
Q. Essence of ……. lies not in the dissimilarity of the terms between the two contracts but in the intention ofthe parties to supersede the old by the new.
a. Acceptance
b. Offer
c. Novation
d. Proposal
Q. A change of nature of obligation of a contract is known as:
a. Novation
b. Rescission
c. Alteration
d. Repudiation
Q. In case of conflict of jurisdiction of the courts, the incidence of a contract shall be governed by the law ofthe place where the :
a. Contract is made
b. Contract is performed
c. Acceptor resides
d. Proposer resides
Q. If the performance of contract becomes impossible because the subject matter of contract has ceasedto exist then :
a. Both the parties are liable
b. Neither party is liable
c. Only offerer is liable
d. Only acceptor is liable
Q. A, B and C jointly promise to pay ` 3,000 to X. In the absence of express agreement to the contrary, X can bring an action against:
a. Any two of them only
b. All of them together
c. Any one of them, at this choice
d. Either (b) or (c)
Q. Which of the following is not a exception to the rule that the agreement in restraint of trade is void :
a. A partner can be prevented for carrying on similar business
b. An outgoing partner can be restraint on carrying similar business
c. On dissolution of firm, partners may agree not to carry on similar business
d. The seller of goodwill of business can be prevented for carrying any kind of business at any place
Q. A doctor teaching in a medical college prevented from doing private practice, such a restriction is:
a. Valid
b. Partial lawful
c. Unlawful
d. Partial Unlawful
Q. Agreement is restraint of trade is void. The restraint mentioned here is :
a. Partial
b. Total
c. (a) & (b)
d. None of these
Q. A valid tender or offer of performance must be:
a. made at proper time
b. made at proper place
c. made to the proper person
d. all the above
Q. A contractor had to supply the army charpoys in certain quantities by instalments. He failed to supply the requisite number and even after that breach the instalment of charpoys was received by army authorities. Meanwhile, the work orders were however cancelled. The orders cancelling the work order were
a. Valid
b. Void
c. Without authority
d. Contractor could claim damages
Q. By a contract B agreed to take A's son in adoption and A to give B enjoyment of certain properties. A refused to give his son in adoption, he made the adoption impossible by performing the marriage of the boy.
a. The contract is enforceable since A did not give his son in adoption
b. B should be given the property as per the agreement
c. As adoption was not complete, the contract is not enforceable
d. A's action can be considered legitimate as a parent