Online Exam in Other essential elements of a valid Contract in Mercantile Laws for the preparation of professional exams of ca cpt, ca foundation, cs foundation, cma foundation
Other Essentials of a Valid Contract - Test 9
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Subject : Mercantile Laws Questions : 30
Chapter : Other essential elements of a valid Contract-Test 9
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A minor’s liability for ‘necessaries’ supplied to him
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Question 2 of 30
2. Question
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Which of the following persons are not competent to contract ?
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Question 3 of 30
3. Question
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For the purposes of entering into a contract, a minor is a person who has not completed the age of
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Question 4 of 30
4. Question
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As a general rule minor’s agreements are
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Question 5 of 30
5. Question
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The leading case, on the point that minor’s agreement is void ab initio, is
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Question 6 of 30
6. Question
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Consent is not said to be free when it is caused by
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Question 7 of 30
7. Question
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When the consent of a party is obtained by fraud, the contract is
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Question 8 of 30
8. Question
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The threat to commit suicide amounts to
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Question 9 of 30
9. Question
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Moral pressure is involved in the case of
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Question 10 of 30
10. Question
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A contract with the minor. which is beneficial for him is
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Question 11 of 30
11. Question
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Can a minor be held personally liable for the ‘necessaries’ supplied to him ?
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Question 12 of 30
12. Question
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When the consent of a party is not free, the contract is
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Question 13 of 30
13. Question
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Which of the following persons do not fall under the category of persons of unsound mind ?
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Question 14 of 30
14. Question
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An agreement made by a person of unsound mind is void. However, there is a provision in the Indian Contract Act, which states that such a person can enter into a valid contract if he is of sound mind at the time of agreement.
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Question 15 of 30
15. Question
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When the consent of a party is obtained by coercion undue influence, fraud or misrepresentation, the contract is
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Question 16 of 30
16. Question
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Which of the following elements does not affect the free consent of the parties
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Question 17 of 30
17. Question
1 points
When the consent to an agreement is obtained by coercion, the agreement is voidable is voidable at the option of
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Question 18 of 30
18. Question
1 points
Where one party is in a position to dominate the will of another and uses his superior position to obtain the consent of a weaker party, the consent is said to be obtained by
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Question 19 of 30
19. Question
1 points
A minor is liable for the ______ supplied to him
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Question 20 of 30
20. Question
1 points
X threatens to kill Y if he does not agree to sell his scooter to him for Rs.10,000 only. Here Ys consent is obtained by
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Question 21 of 30
21. Question
1 points
A wrong representation when made without any intention to deceive the other party amounts to
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Question 22 of 30
22. Question
1 points
Where the consent of a party is obtained by fraud, the contract is
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Question 23 of 30
23. Question
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Which of the following acts does not fall under the categories of fraud?
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Question 24 of 30
24. Question
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The aggrieved party can rescind the contract on account of fraud. Can he also claim damages from the other party ?
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Question 25 of 30
25. Question
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A false statement of facts, made without any intention to deceive the other party, falls under the category of
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Question 26 of 30
26. Question
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Where the consent of a party is obtained by misrepresentation, the contract is
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Question 27 of 30
27. Question
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Which of the following statements is false?
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Question 28 of 30
28. Question
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Where the consent of both the parties is given by mistake, the contract is
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Question 29 of 30
29. Question
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A contract made by mistake about some foreign law, is
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Question 30 of 30
30. Question
1 points
When the consent of a party is obtained by coercion indue influence, fraud or misrepresentation, the contract is