Top 1000+ Solved Fundamentals of Laws and Ethics MCQ Questions Answer
Q. The validity of contract is not affected by
a. Mistake of fact
b. Mistake of Indian law
c. Misrepresentation
d. Fraud
Q. Error in causa means:
a. Absence of consent
b. Absence of free consent
c. Presence of mistake
d. Absence of mistake
Q. Error in consensus means:
a. Absence of consent
b. Absence of free consent
c. Presence of mistake
d. Absence of mistake
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. The period of limitation for simple contract in India is
a. 2 years
b. 3 years
c. 6 years
d. 8 years
Q. The exceptions to the rule that an agreement in restraint of trade is void, are contained in
a. The provisions of Sec. 27 of the Contract Act only
b. Secs. 11, 36, 54 and 55 of the partnership Act only
c. Both the above mentioned provisions of the Contract Act & Partnership Act respectively
d. None of the above provisions
Q. A contract to trade with an enemy is
a. an immoral agreement
b. a valid agreement
c. an agreement opposed to public policy
d. an enforceable agreement
Q. An agreement to share the emoluments of a public office is
a. Void
b. Voidable
c. Valid
d. Defective
Q. An agreement, the object of which is to procure a public post, is
a. Void
b. Voidable
c. Valid
d. Defective
Q. Under which section of Indian Contract Act, agreements of wager are void?
a. Section 28
b. Section 29
c. Section 30
d. Section 27
Q. An agreement will be unlawful if:
a. There is no consent
b. Consent is not free
c. There is no consideration
d. The object is forbidden by law