Avatto > UGC NET COMMERCE > PRACTICE QUESTIONS > Legal Aspects of Business > Legal Aspects of Business Section 1

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

36 A contract with B that, if A practices as a surgeon within Calcutta, he will pay B Rs. 5,000. Practice as a surgeon in Calcutta.

37 A contract with B to deliver to him, at a specified price, certain merchandise on board a ship which cannot arrive for a month and B engages to pay for the merchandise within a week from the date of the contract. B does not pay within a week.

38 A contract with B to grow a crop of indigo on A’s land and to deliver it to B at a fixed rate and C guarantees A’s performance of this contract. B diverts a stream of water which is necessary for irrigation of A’s land and thereby prevents him from raising the indigo.

39 A contract with B to repair B’s house. B neglects or refuses to point out to A the places in which his house requires repair.

40 A delivers a rough diamond to B, a jeweler, to be cut and polished, which is accordingly done.

Your Progress

0%

Start Practising!

You've answered 0 of 69 questions in this topic.

Practice Spotlight

Build momentum in Legal Aspects of Business Section 1

Start with a short question set, review every explanation, and revisit difficult questions before moving ahead.

Day 8 / 10

Global Spotlight

Challenge Your Accuracy

Strong work at 0% accuracy. Attempt the hardest Legal Aspects of Business Section 1 questions and explain why every incorrect option is wrong.

Day 2 / 10

Question Spotlight

Question:

A stipulation in a bond for payment of compound interest on failure to pay simple interest at the same rate as was payable upon the principal is not…

A. Section 74 of the Indian Contract Act, 1872
B. Section 75 of the Indian Contract Act, 1872
C. Section 76 of the Indian Contract Act, 1872
D. None of these

Correct answer: A

Click to view the complete question details

Day 8 / 10 Open this question

Community Insight

Based on 37 saved attempts

Most Attempted TopicLegal Aspects of Business Section 1
Most Challenging TopicLegal Aspects of Business Section 1
Average Accuracy95%

Featured Question

(Based on recent community answers)

Q. #18492100% Incorrect

A sub-bailee is a person to whom the actual possession of goods is transferred by…

Try This Question →

This Week's Challenge

Complete 20 questions and set the community benchmark!

0 / 20 Start Challenge →

Why Practice with Avatto?

High Quality MCQsExam-focused questions with accurate answers

Detailed ExplanationsStep-by-step explanations to enhance learning

Latest Exam PatternBased on updated syllabus and pattern

Performance AnalyticsTrack performance and improve weak areas

100% Free PracticePractice unlimited questions for free

Forgot your password?

I agree with the Terms.