Legal Aspects of Business MCQ - Legal Aspects of Business Section 1

6 Supplies the wife and children of B, a lunatic, with necessaries suitable to their condition in life.

A
A is entitled to be reimbursed from B’s property
B
A is not entitled to be reimbursed from B’s property
C
A is entitled to be given a share in B’s property
D
None of these

View Explanation
Comment

Correct AnswerOption A

Rate difficulty Rate difficulty:

Easy Medium Hard

Choose a difficulty.

Cancel reply

Your email address will not be published. Required fields are marked *

Report

Name

Save my name and email in this browser for the next time I comment.

Cancel reply

Your email address will not be published. Required fields are marked *

Comment *

Name

Save my name and email in this browser for the next time I comment.

7 A supports B’s infant son. B promises to pay A’s expenses in so doing.

A
This is not a contract
B
This is a contract
C
either (A) or (B)
D
None of these

View Explanation
Comment

Correct AnswerOption B

Rate difficulty Rate difficulty:

Easy Medium Hard

Choose a difficulty.

Cancel reply

Your email address will not be published. Required fields are marked *

Report

Name

Save my name and email in this browser for the next time I comment.

Cancel reply

Your email address will not be published. Required fields are marked *

Comment *

Name

Save my name and email in this browser for the next time I comment.

8 A surety is discharged if the creditor, without consent, unconditionally releases the principal-debtor; the reason for this principle being that:

A
The release extinguishes the principal obligation
B
Such release adversely affects the right of the surety to sue the principal-debtor and deprives the surety of his right to compel the debtor to perform his own obligation to the creditor
C
both (A) and (B)
D
None of these

View Explanation
Comment

Correct AnswerOption C

Rate difficulty Rate difficulty:

Easy Medium Hard

Choose a difficulty.

Share this question

Cancel reply

Your email address will not be published. Required fields are marked *

Report

Name

Save my name and email in this browser for the next time I comment.

Cancel reply

Your email address will not be published. Required fields are marked *

Comment *

Name

Save my name and email in this browser for the next time I comment.

9 A transaction by which A promised to pay B and C for consideration during their joint lives and after the death of one of them, to the survivor, the consideration moved from B but the agreement was signed by all three, i.e., A, B and C.

A
There was privity between A and B but not with C
B
There was privity between A and C but not with B
C
There was privity between A on one side and B and C on the other
D
None of these

View Explanation
Comment

Correct AnswerOption C

Rate difficulty Rate difficulty:

Easy Medium Hard

Choose a difficulty.

Cancel reply

Your email address will not be published. Required fields are marked *

Report

Name

Save my name and email in this browser for the next time I comment.

Cancel reply

Your email address will not be published. Required fields are marked *

Comment *

Name

Save my name and email in this browser for the next time I comment.

10 A undertakes to deliver a thousand maunds of jute to B on a fixed day Applying Section 47, Indian Contract Act:

A
A need not apply to B to appoint a reasonable place for the purpose of receiving it and must deliver it to him at such place
B
A must apply to B to appoint a reasonable place for the purpose of receiving it and can choose to later change the place
C
A must apply to B to appoint a reasonable place for the purpose of receiving it and must deliver it to him at such place
D
None of these

View Explanation
Comment

Correct AnswerOption C

Rate difficulty Rate difficulty:

Easy Medium Hard

Choose a difficulty.

Cancel reply

Your email address will not be published. Required fields are marked *

Report

Name

Save my name and email in this browser for the next time I comment.

Cancel reply

Your email address will not be published. Required fields are marked *

Comment *

Name

Save my name and email in this browser for the next time I comment.

First Previous 1 2 3 4 5 Next Last

Legal Aspects of Business MCQ - Legal Aspects of Business Section 1

UGC NET Commerce Complete Package (Postal)

UGC NET Commerce Mock Test – Online

Accessibility