Other Essential Elements of a Valid Contract
Online Quiz 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 essential elements of a valid Contract-1
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Subject : Mercantile Laws Questions : 30
Chapter : Other essential elements of a valid Contract
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Question 1 of 30
1. Question
1 pointsS, a seller of imitation jewellery, sells his business to B and promises, not to carry on business in imitation jewellery and real jewellery. The agreement is :
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Question 2 of 30
2. Question
1 pointsMistake as to foreign law is treated in the same manner as :
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Question 3 of 30
3. Question
1 pointsAn agreement is void if it is opposed to public policy. Which of the following does not cover the head ?
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Question 4 of 30
4. Question
1 pointsParents or guardians shall ____ for breach of contract by minor :
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Question 5 of 30
5. Question
1 pointsX offers to sell a painting to Z which X knows is the copy of a well-known master piece. Z thinking that the painting is original decides to buy it at a very high price. Is this a valid contract ?
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Question 6 of 30
6. Question
1 pointsIn case, though the husband was a divorcee, he did not disclose the fact of his previous marriage to his wife and in-laws. It was held that the consent was obtained by :
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Question 7 of 30
7. Question
1 pointsA mortgage was executed in favour of a minor. Can the minor get a Decree for the enforcement of the mortgage ?
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Question 8 of 30
8. Question
1 pointsAn agreement entered into with free consent and lawful but inadequate consideration is :
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Question 9 of 30
9. Question
1 pointsA sum of money was agreed to be paid to the father in consideration of his giving his daughter in marriage. the agreement is void on ground’s of being :
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Question 10 of 30
10. Question
1 pointsA fraudulently informs B that his house is free from encumbrances. B there upon, buys the house. The house is subject to a mortgage. What are the rights of B ?
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Question 11 of 30
11. Question
1 pointsWhich of the following agreements are expressly declared void by the Indian Contract Act ?
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Question 12 of 30
12. Question
1 pointsWhich of the following statement is false ?
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Question 13 of 30
13. Question
1 pointsA minor can do which of the following things ?
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Question 14 of 30
14. Question
1 pointsThe contract of “Uberrimae Fidei” means a contract :
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Question 15 of 30
15. Question
1 pointsCan a person who is usually of unsound mind, but occasionally of sound mind, make a contract ?
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Question 16 of 30
16. Question
1 pointsA minor’s estate is liable for the ____ supplied to him :
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Question 17 of 30
17. Question
1 pointsS instructs T to enter on his behalf into a wagering transaction. T loses in the transaction and pays from his pocket. He thereafter sues S for reimbursement. Can S raise plea of wager ?
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Question 18 of 30
18. Question
1 pointsThe person providing necessaries to minor is entitled to be reimbursed from minor’s property. This is because of which type of contract ?
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Question 19 of 30
19. Question
1 pointsAll agreements is restraint of trade are void does not apply to :
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Question 20 of 30
20. Question
1 pointsWhat is meaning of the term Consensus-ad-idem ?
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Question 21 of 30
21. Question
1 pointsWhen the consent is obtained by coercion, the contract is
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Question 22 of 30
22. Question
1 pointsIf the illegal part of a contract is inseparable from legal part of the contract, the contract becomes :
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Question 23 of 30
23. Question
1 pointsUndue influence involves _____
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Question 24 of 30
24. Question
1 pointsWhich of the following is not expressly declared void ?
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Question 25 of 30
25. Question
1 pointsWhen one party is in a position to dominate the will of another and uses his superior position to obtain the consent of weaker party, the contract is said to be obtained by
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Question 26 of 30
26. Question
1 pointsMarriage brokerage contracts are :
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Question 27 of 30
27. Question
1 pointsA contract caused by coercion is :
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Question 28 of 30
28. Question
1 pointsX is a patient in a lunatic asylum. At intervals of time he is of sound mind. He can enter into contract :
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Question 29 of 30
29. Question
1 pointsFor the supply of necessaries to a minor, ______ may be responsible for price
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Question 30 of 30
30. Question
1 pointsEvery person having attained the age of majority i.e. _____ .
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