Other Essential Elements of a Valid Contract
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 essential elements of a valid Contract-Test 4
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Subject : Mercantile Laws Questions : 30
Chapter : Other essential elements of a valid Contract-TEST 4
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Question 1 of 30
1. Question
1 points‘A’, a surgeon employs ‘B’ as an assistant for a term of three years and ‘B’ agrees not to practice a surgeon during those three years. The agreement is ___
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Question 2 of 30
2. Question
1 pointsWhich of the following are in fiduciary relationship :-
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Question 3 of 30
3. Question
1 pointsA sells his dog through auction sale. B was the highest holder. B purchases the dog, the dog was of unsound mind but A doesn’t disclose this fact to B. The act of A is _____ ?
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Question 4 of 30
4. Question
1 pointsAn unsound person’B’ is liable for necessaries provided to him to the extent of :
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Question 5 of 30
5. Question
1 pointsA agrees to pay Rs.10 Lakhs to B if B procures an employment for A in Income Tax Department.
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Question 6 of 30
6. Question
1 pointsAgreement the meaning of which is uncertain is _____ .
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Question 7 of 30
7. Question
1 pointsA master ask the servant to sell the goods to him at the price less than market price. The Contract can be avoided by the servant on the ground of ____ .
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Question 8 of 30
8. Question
1 pointsA boy of 21 years for whose property a guardian has been appointed enters into a contract with B in respect of that property. The contract is :
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Question 9 of 30
9. Question
1 pointsA contract which is created without the consent of the party is _____ .
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Question 10 of 30
10. Question
1 pointsA Criminal Act is involved in ______ .
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Question 11 of 30
11. Question
1 pointsIn order to sustain an action for deceit, there must be proof of :
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Question 12 of 30
12. Question
1 pointsWhich of the following is not true in case of a minor ?
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Question 13 of 30
13. Question
1 pointsIf both the parties are under a mistake as to matter of fact essential to a contract, then contract is ______ .
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Question 14 of 30
14. Question
1 pointsFraud may be committed by
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Question 15 of 30
15. Question
1 pointsX promises to procure employment to Y and Y promises to pay Rs.50,000 to X. The agreement is _____ .
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Question 16 of 30
16. Question
1 pointsObtaining consent on the basis of a relationship subsisting between two persons whereby one is able to dominate the will of another is called :
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Question 17 of 30
17. Question
1 pointsExecution of a bond requiring employees leaving the organization before the expiry of the term of service to pay compensation to the employer is considered :
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Question 18 of 30
18. Question
1 pointsG paid Rs.10,000 to H to influence the head of a Government Organization in order to provide his some employment. H failed to provide an employment to G in this case G can
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Question 19 of 30
19. Question
1 pointsWhich of the following is not applicable in relation to an agreement by a minor ?
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Question 20 of 30
20. Question
1 pointsThe term ‘consensus ad-idem’ means ____ .
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Question 21 of 30
21. Question
1 pointsRescission of a contract involves _______ .
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Question 22 of 30
22. Question
1 pointsWhere a person asserts something which is not true as true because he believes it to be true. His assertion amounts to :
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Question 23 of 30
23. Question
1 pointsAn agreement in restraint of marriage is an example of _____ .
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Question 24 of 30
24. Question
1 pointsIn the case of _____ the agreement is void.
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Question 25 of 30
25. Question
1 pointsA buys a lottery ticket of Rs.500 from B is an example of :
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Question 26 of 30
26. Question
1 pointsIn relation to a contract the term “Consensus – ad – idem” under the Indian Contract Act 1872 means.
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Question 27 of 30
27. Question
1 pointsPeter buys a mosquito killer machine assuming that is worth Rs.50,000. The machine actually is worth only Rs.5,000. The remedy available to Peter is :
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Question 28 of 30
28. Question
1 pointsM, a minor, who broke his left hand in a hockey match, goes to a doctor for the treatment, who treats him. The doctor claims for his fee from M. In this case :
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Question 29 of 30
29. Question
1 pointsUnder section 17 of the Indian Contract Act, 1872 the term “fraud” does not include _____ .
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Question 30 of 30
30. Question
1 pointsWhere an agreement consists of two parts – one legal and other illegal, and the legal part is separable from illegal one, such legal part is :
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