A. at which it falls dueB. of its presentationC. of its acceptanceD. none of the above
Tag: Fundamentals of Law MCQs
A contract stands discharged
A. by performance of the contract.B. by breach of the contractC. by agreement and novationD. all of the above
Cheque is a _______________
A. Promissory noteB. Bill of exchangeC. Both (A) and (B)D. None of the above
Who is liable for necessaries supplied to a minor?
A. The guardian of the minorB. The minorC. His propertyD. None of the above
Which of the following statement is false in connection with the contingent contract?
A. The event must be collateral.B. The event must be uncertainC. The event should not be mere will of the promisor.D. None of the above
Under Section 118 of the Negotiable Instruments Act, 1881, it is presumed, until the contrary is proved, that every transfer of a negotiable instrument was made:
A. after its maturityB. before its maturityC. at its maturityD. None of the above
A paid 500 to a Government servant to get him a contract for the canteen. The Government servant could 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.
B, having discovered a vein of ore on the estate of A, adopts means to conceal, and does conceal, the existence of the ore from A. Owing to A’s ignorance B is enabled to buy the estate at a low price. The contract is:
A. ValidB. oidC. Voidable at the option of AD. Invalid
In pretended bidding, sale is
A. voidable at the option of the seller.B. validC. voidable at the option of the buyerD. illegal
Which one of the following statements is correct?
A. void agreements are always illegal.B. illegal agreements are voidable.C. illegal agreements can be ratified by the parties.D. illegal agreements are always void.