Nature of Contract
Online Mock Tests in Nature of Contract in Mercantile Laws for the preparation of professional exams of ca cpt, ca foundation, cs foundation, cma foundation
Nature of Contract -Test 4
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Subject:Mercantile Laws Questions: 30
Chapter: Nature of Contract-Test 4
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Question 1 of 30
1. Question
1 pointsIn case a counter offer is made, the original offer stands :
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Question 2 of 30
2. Question
1 pointsA void contract means :
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Question 3 of 30
3. Question
1 points_____ amounts to rejection of the original offer.
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Question 4 of 30
4. Question
1 pointsSpecific offer can be communicated to ________ .
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Question 5 of 30
5. Question
1 pointsAn unenforceable contract is one which is :
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Question 6 of 30
6. Question
1 pointsStatus obligations _______ .
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Question 7 of 30
7. Question
1 pointsA minor in partnership firm is liable :
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Question 8 of 30
8. Question
1 pointsAn agreement to remain unmarried is _____ .
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Question 9 of 30
9. Question
1 pointsA voidable contract means :
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Question 10 of 30
10. Question
1 pointsPosition to dominate the other party and obtain unfair advantages is _______ .
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Question 11 of 30
11. Question
1 pointsX sold and delivered, 10 quintal of wheat to Y. Y instead of expressing his acceptance of the wheat in writing or by words sent the same to a flour mill. The acceptance of goods _______ .
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Question 12 of 30
12. Question
1 pointsThe term “Quid Pro Quo” is applied in relation to _________ .
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Question 13 of 30
13. Question
1 pointsA proposal may be ______ .
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Question 14 of 30
14. Question
1 pointsAn offer made without any spoken words or written is :
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Question 15 of 30
15. Question
1 pointsCommunication of acceptance is complete as against the proposer if and only :
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Question 16 of 30
16. Question
1 points“Ignorance of law is no excuse” comes under ________
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Question 17 of 30
17. Question
1 pointsIn the event of the buyer becoming insolvent before paying the price of the goods, in the absence of lien over goods, the seller :
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Question 18 of 30
18. Question
1 pointsA invites B for his son’s wedding. B accepts the invitation. In this case there in an agreement but no contract, since
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Question 19 of 30
19. Question
1 pointsB received an offer by letter. He gives his acceptance by letter which are duly stamped addressed and put in the letter box. This amounts to :
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Question 20 of 30
20. Question
1 points______ is a contract where parties to the contract have yet to perform their promises
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Question 21 of 30
21. Question
1 points______ is a contract in which only one party has to perform his part of promises
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Question 22 of 30
22. Question
1 pointsMahavir Tour Operators operates super A.C. Buses from Jaipur to New Delhi. The bus is standing at the bus-stand in Jaipur waiting for passenger travelling to New Delhi and is ready for departure. There is an ______ for passengers to board the bus.
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Question 23 of 30
23. Question
1 points‘A’ Telegraphed to ‘B’, will you sell me your bunglow ? Let me know the “lowest price”. ‘B’ replied, “lowest price of bunglow is $900”. ‘A’ agreed to buy and asked about his title deeds. To this he received no reply.
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Question 24 of 30
24. Question
1 pointsAn agreement where the consideration is unlawful is ______ .
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Question 25 of 30
25. Question
1 pointsThe communication of an acceptance is complete as against the acceptor:
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Question 26 of 30
26. Question
1 pointsYou urgently want to reach home at Hathras from your place of employment at Delhi. On reaching terminal for bus you see that there is an airbus belonging to Chandra Travels Pvt Ltd. Which is standing at bus terminal and waiting for passengers. Here it is :
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Question 27 of 30
27. Question
1 pointsCash withdrawn by a consumer of a Bank from an Automatic Teller Machine is an example of :
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Question 28 of 30
28. Question
1 points______ arises when obligations are created without the existence of a contract.
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Question 29 of 30
29. Question
1 pointsWhich one of the following falls into the category of offer ?
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Question 30 of 30
30. Question
1 pointsA voidable contract is one which :
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