Top 1000+ Solved Fundamentals of Laws and Ethics MCQ Questions Answer
Q. All contracts
a. should be in writing
b. should be oral
c. should be registered
d. none of the above
Q. A foreigner
a. is competent to enter into contract if he fulfils the conditions of section 11.
b. is not competent to enter into contract
c. can enter into contract with permission of Central Govt.
d. can enter into contract with the permission of court
Q. Voidable contract
a. are enforceable by law if they are not avoided
b. are not enforceable by law
c. can be enforced if the court directs
d. can be enforced with prior permission of Court / Government
Q. The terms of agreement
a. must be certain
b. must be capable of made certain
c. un-ambiguous and clear
d. all the above
Q. A contract is a contract
a. from the time it is made
b. from the time its performance is due
c. at the time from its performance
d. none of the above
Q. In an executed contract
a. both the parties have yet to fulfill their promises
b. any one party has fulfilled the promise
c. both the parties have fulfilled their promises
d. both b & c
Q. All illegal agreements
a. are not void
b. are not void ab-initio
c. are void
d. none of the above
Q. All kinds of obligations between the parties form part of the contract. This statement is
a. True
b. False
c. Partially true
d. None of the above
Q. A contract is made where:
a. A buys a book from a shop
b. X bids at a public auction.
c. X agrees with Y to discover a treasure by magic
d. Z agrees to attend the birthday party of his friend
Q. Consider the following: 1. Active concealment of fact. 2. Promise made without any intention of performing it. 3. Breach of duty which gains an advantage to the person committing it. 4. Inducing mistake as to subject matter. Which of the above amount to fraud?
a. 1 and 2
b. 2 and 3
c. 3 and 4
d. 1 and 4
Q. Coercion is defined in which section of the Indian Contract Act?
a. Section 15
b. Section 16
c. Section 17
d. Section 18
Q. A threatens to shoot B, if B does not agree to sell his property to A at a stated price. B's consent in thiscase has been obtained by
a. Fraud
b. Undue influence
c. Coercion
d. None
Q. What does Section 17 of the Indian Contract Act define?
a. Coercion
b. Undue influence
c. Fraud
d. Mistake
Q. If A unlawfully detains B's son in order to coerce B to enter into the agreement, the case would becovered within:
a. Section 10
b. Section 14
c. Section 15
d. Section 16
Q. Factors vitiating consent are:
a. Coercion, Undue influence
b. Fraud, Misrepresentation
c. Mistake
d. All of these