Top 1000+ Solved Fundamentals of Laws and Ethics MCQ Questions Answer
Q. If the consideration or object of an agreement is regarded by the court to be immoral or opposed topublic policy. The agreement is
a. Void
b. Voidable
c. Unenforceable
d. None of these
Q. M, who is a dealer in mustard oil only, agrees to sell to N '500 litres of oil'. This agreement is
a. Valid contract
b. Void contract
c. Voidable contract
d. Unenforceable contract
Q. A and B agree that A shall pay ` 1000 for which B shall afterwards deliver to an either rice or smuggledopium. In this case
a. The first agreement is void and the second voidable
b. The first is voidable and the second is void
c. The first is valid and the second is void
d. The first is void and the second is valid
Q. A agrees to sell to B a 'hundred tons of oil'. There is nothing whatever to show what kind of oil wasintended. The agreement is
a. Valid
b. Void for uncertainty
c. Voidable
d. Illegal
Q. A agrees to sell to B 'my white horse for `500 or ` 1,000'. There is nothing to show which of the two priceswas to be given. The agreement is
a. Valid
b. Void
c. Voidable
d. Unenforceable
Q. Agreements between a husband and wife living in friendly environment are
a. Valid contracts
b. A void contracts
c. Domestic arrangements
d. Voidable contract
Q. A promised to marry none else than Miss B and in default to pay her a sum of ` 1,000. Subsequently Amarried Miss C and Miss B sued for recovery of ` 1,000. The contract is
a. Valid
b. Void
c. Voidable
d. Enforceable
Q. A promises B to pay ` 100 if it rains on Monday, and B promises A to pay ` 100 if it does not rain onMonday. This agreement is
a. a valid agreement
b. a voidable agreement
c. a wagering agreement
d. an illegal agreement
Q. P engages B to kill C and borrows ` 100 from D to pay B. If D is aware of the purpose of the loan, thetransaction is
a. Valid
b. Void
c. Illegal
d. Not enforceable
Q. A, while filling up the insurance application form, states his age as 25 believing it to be true. His actual age was 27. The Life Insurance Corporation issued a policy in his favour charging a lower premium than what it should have charged if the actual age had been given. This is a case of
a. Fraud
b. Misrepresentation
c. Undue influence
d. Mistake of fact
Q. B, having discovered a vein of ore on the estate of A, adopts means to conceal, and does conceal, the existence of the ore from A. Owing to A's ignorance B is enabled to buy the estate at a low- price. The contract is
a. Valid
b. Void
c. Voidable at the option of A
d. Invalid
Q. B let a cabin on hire to P a prostitute, knowing that it would be used for immoral purposes. The agreement is
a. Enforceable
b. Valid
c. Voidable
d. Void
Q. A enters into an agreement with B who has robbed A of `10,000 to drop prosecution against him (B) inconsideration of B's returning ` 8,000. Afterwards B refused to pay. A can get from B
a. ` 8,000
b. ` 100
c. Nothing
d. ` 10,000 plus damages
Q. A agrees with B to discover treasure by magic for a consideration of ` 500. This is
a. A void agreement
b. A void contract
c. A valid agreement
d. An unenforceable contract