Legal Aspect of Business-Indian Contract Act, 1872 [NTA-NET (Based on NTA-UGC) Commerce (Paper-II)]: Questions 1 - 4 of 8

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Question number: 1

» Legal Aspect of Business » Indian Contract Act, 1872 » Elements of a Valid Contract, Capacity of Parties, Free Consent, Discharge and Breach of Contract, Remedies Against Breach (New 2019)

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Appeared in Year: 2019

MCQ▾

Question

General offer is accepted by? (June)

Choices

Choice (4)Response

a.

Offeror himself

b.

General public at large

c.

Anybody fulfilling the conditions of the offer

d.

Only by some specific people

Question number: 2

» Legal Aspect of Business » Indian Contract Act, 1872 » Quasi Contracts (New 2019)

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Appeared in Year: 2019

Assertion-Reason▾

Question

Assertion (Ꭺ)

Agreement without consideration is always valid. (June)

Reason (Ꭱ)

All contracts are agreements but all agreements are not contracts.

Choices

Choice (4)Response

a.

Both Ꭺ and Ꭱ are true but Ꭱ is NOT the correct explanation of Ꭺ

b.

Both Ꭺ and Ꭱ are true and Ꭱ is the correct explanation of Ꭺ

c.

Both Ꭺ and Ꭱ are false

d.

Ꭺ is false but Ꭱ is true

Question number: 3

» Legal Aspect of Business » Indian Contract Act, 1872 » Quasi Contracts (New 2019)

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Appeared in Year: 2019

MCQ▾

Question

Arrange the following in order of their manifestations: (June)

(1) Offer

(2) Acceptance

(3) Breach of Contract

(4) Contract

Choose the correct option from the following:

Choices

Choice (4)Response

a.

(1), (2), (3) and (4)

b.

(2), (3), (4) and (1)

c.

(1), (4), (3) and (2)

d.

(1), (2), (4) and (3)

Question number: 4

» Legal Aspect of Business » Indian Contract Act, 1872 » Elements of a Valid Contract, Capacity of Parties, Free Consent, Discharge and Breach of Contract, Remedies Against Breach (New 2019)

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Appeared in Year: 2019

MCQ▾

Question

The indemnity holder is not entitled to (December Evening 6thShift)

Choices

Choice (4)Response

a.

All costs that he may be compelled to bear in defending any such suit

b.

All damages which he may be compelled to pay in any suit in respect of any matter to which the promise applies

c.

Damages for the liability incurred which is not absolute

d.

All sums that he may have paid under the terms of any compromise of such suit

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