Top 1000+ Solved Fundamentals of Laws and Ethics MCQ Questions Answer
Q. X leaves a firm doing a particular business in Delhi. He agrees with other partners of the firm not to start asimilar business as that of the firm in Delhi for 2 yea` This agreement is
a. Void
b. Valid
c. Voidable at X's option
d. Invalid
Q. X promises to supply Y one tola of gold brought from the sun. This is
a. a valid contract
b. an illegal contract
c. a void agreement
d. a voidable agreement
Q. A promises B not to carry on a similar business as that of B if B pays him a certain amount. B pays themoney but A continues to carry on the business. B can
a. Do nothing
b. Compel A to stop the business
c. Get him imprisoned for fraud
d. Sue A for damages
Q. A purchases B's business of selling neckties in Delhi. A can restrain B from
a. Doing the business of selling neckties again in his life
b. Doing any business in Delhi
c. Doing the business of selling neckties in Delhi for a limited period
d. None of the above
Q. A promised to marry B and none else and promised her to pay a sum of `5000 in addition to what he getsfrom the other party if he marries someone else. A marries C and gets ` 10,000 from C. B can get from A
a. ` 15,000
b. ` 10,000
c. Nothing
d. ` 15,000 plus damages
Q. A promised B to obtain an employment for him in a public office. B promised to pay `2,000 to A for this. Bgets a job through A but refuses to pay the money. A can
a. Challenge B's appointment on the ground of non-payment of money
b. Sue B for `2,000
c. Do nothing
d. Do both given at (a) and (b) above
Q. A, a Hindu already married with a living wife B, enters into a marriage agreement with a widow of 30 yearsof age. This agreement is
a. Void, because of being opposed to public policy ; (b)
b. Valid and can be enforced by either party
c. Voidable, because A has obtained B's consent by exercising undue influence against her
d. Void, because of being forbidden by law
Q. Rajeev entered into a contract with Lata to marry her on a fixed date. However, before the marriage date. Rajeev went mad. With reference to the Indian Contract Act which is the valid response?
a. Lata can't marry till Rajeev dies ; (b)
b. The executers of Rajeev can enforce the contract against Lata
c. The contract becomes void
d. All the statements are correct
Q. A and B agree to deal in smuggled goods and share the profits. A refuses to give B's share of profit. In thiscase:
a. B can enforce the agreement in the court.
b. B can only claim damages.
c. B has no remedy as the contract is illegal.
d. B can enforce the contact or claim damages
Q. A and B agree that law of limitation shall not apply to them. A debt becomes time barred and A refuses topay the amount. Can B recover the amount under the terms of the agreement?
a. yes, the agreement between them is valid and enforceable.
b. yes, the agreement is not opposed to pub- I lie policy.
c. no, the agreement is a voidable agreement I and can be avoided by A.
d. no, the agreement falls under section 23 ! and hence void
Q. A borrows ` 5,000 from B to purchase a revolver to shoot C. Can B recover his loan of ` 5,000.
a. yes, the agreement between them is valid and enforceable.
b. yes, the agreement is not opposed to public policy.
c. no, the agreement is a voidable agreement and can be avoided by A.
d. no, the agreement falls under section 23 and hence void
Q. A borrows from B ` 500 to bet with C. Can B recover the amount of his loan?
a. yes, the agreement between them is collateral to a wagering agreement and hence enforceable
b. yes, the agreement is not opposed to public policy
c. no, the agreement is a voidable agreement and can be avoided by A
d. no, the agreement is wagering agreement and falls under section 23 and hence void
Q. A paid `500 to a Government servant to get him a contract for the canteen. The Government servantcould not get the contract. Can A recover `500 paid by him to the Government servant?
a. yes, the agreement between them is valid and enforceable
b. yes, the agreement is not opposed to public policy
c. no, the agreement is a voidable agreement and can be avoided by A
d. no, the agreement is void
Q. A person contracted to deliver a part of a specific crop of potatoes. The potatoes were destroyed by blight though no fault of the party. The contract is
a. Valid
b. Voidable
c. Void due to frustration of contract
d. Illegal