Details of this Paper

PAPER 3: FUNDAMENTALS OF LAWS AND ETHICS 50_MCQ part 2

Description

solution


Question

Question;1.;Acceptancetakesplaceasagainst;theproposer, when;(a);Whentheletterofacceptanceispostedbytheacceptor;(b);Whentheletterofacceptanceisreceivedbytheproposer;(c);Whentheofferee;writestheletterofacceptance,butdoesn'tpostit;(d);All theabove;2.;Anadvertisementforsalegoodsbyauction;(a) Amountstoaninvitationtooffer;(b) Amountstoanoffertoholdsuchsale;(c) Amountstoanimpliedoffer;(d) Amounttoageneral;offer;3.;Communicationofofferiscompletewhen;(a) Itcomestotheknowledgeoftheofferee;(b) Itispostedtotheofferee;(c) Whentheofferor;writestheletterbutdoesnotpostit;(d) Noneoftheabove;4.;Performanceofconditions ofa proposalisan acceptance totheproposal;(a) True;(b) False;(c) Dependsonthefactsofthecase;(d);Partiallytrueandpartially;false;5.;An acceptancewillbe;revokedatanytimebefore;the;communicationof acceptanceiscompleteagainst;theacceptor,butnotafterwards;(a) True;(b) False;(c) Acceptanceoncegivencannotberevoked;(d) Acceptancecanberevokedatanytime;6.;Anoffer need notbemadetoaascertainedperson;(a) True,itcanbegiventotheworldatlarge;(b) False,ithasto specific;(c) Maybespecific;or general;(d) Either (a)or(c);7.;Anagreementtoagree;infutureupontermstobesettled;afterwardsbetween;thepartiesis;(a) Valid;(b) Notvalid;(c) Illegal;(d) Voidable;8.;Acceptance;once givencannotbe revoked;(a) True;(b) False;(c) Incompleteinformation;(d) Noneoftheabove;9.;Atenderanda bid;atanauctionsaleare;(a);Notoffers;(b);Offers;(c);Acceptanceoftheoffer;(d);Invitationtooffer;10. Aquotationis;(a) Notoffer;(b) Offer;(c) Acceptanceoftheoffer;(d) Invitationtooffer;11. Acontractisformed;whentheacceptor;(a) hasdonesomethingtosignifyhisintention;(b) makeshismindtodoso;(c) readstheoffer;(d) alltheabove;12. Iftheofferee;doesnotaccepttheoffer according tothemode;prescribed,then;(a) Theofferormayacceptorrejectsuchacceptance;(b) Theofferlapsesautomatically;(c) Itisacounteroffer;(d) Offereecommitsabreachofcontract;13. Communicationofofferiscompletewhen;(a) Theletterispostedtotheofferee;(b) Theletterisreceived bytheofferee;(c) Theofferisacceptedbythepersontowhomitismade;(d);Itcomestotheknowledgeoftheofferor;thattheletterhasbeenreceivedbytheofferee;14. Whenthemodeofacceptanceisprescribedintheproposal;then;(a) Itneednotbeaccepted;inthat manner;(b) Itshouldbeacceptedinthatmanner;(c) Nomatterhowtheacceptanceisgiven;(d) Acceptancecanbegiveninusualorreasonable;manner;15. Aproposalwhen;acceptedbecomes a;(a) Promise;(b);Contract;(c);Agreement;(d);All theabove;16. Acceptance takesplacewhenandwherethe messageisreceived;(a) True;(b) False;(c) Incompleteinformation;(d) Noneoftheabove;17. Mentalacceptanceis;(a) Noacceptanceatall;(b) Valid;(c) Bindingpromise;(d) Noneoftheabove;18. Theterm 'proposal'usedintheIndianContractActissynonymouswiththe term;(a) Contract;(b) Offer;(c) Agreement;(d) Noneofthese;19. Theterm 'Proposaloroffer;hasbeendefined;insection;(a) Section2(a);(b) Section2(b);(c) Section2(c);(d) Section2(d);20. Abidatanauctionsaleis;(a) Animpliedoffertobuy;(b);Anexpressoffertobuy;(c);AnInvitationtooffertobuy;(d);An invitationtocometobid;21. Apricelisthanging outside;theshopismeantfor;(a) Attractingcustomerstobuythesameinthementionedprice;(b) Anadvertisementofgoods andmeaninglessfromlegalpointofview;(c) Anofferbytheowneroftheshop;(d) Aninvitationtocustomerstobuysomething;22.;Thecommunicationofa proposaliscompletewhenitcomesto;(a) Theknowledgeofthatperson;(b) Theobjectoftheoffer;(c) Theintentionwithwhichofferismade;(d) Thefactsunderlyingtheoffer;23. Whentheoffersmadebytwopersons;toeachothercontainingsimilartermsofbargaincrosseachotherinpost;theyareknownas;(a) Crossoffers;(b) Impliedoffers;(c) Directoffers;(d) Expressedoffers;24. Generaloffers openforworldat;largecanbeacceptedby;(a) Anypersonintheworld;(b) Anypersonwithinthecountry;(c) Anypersonwhocomplies;withtheconditionsoftheoffer;(d) Anypersonwhoreadstheadvertisement;25. Whentheproposaloracceptanceismadeother;wisethanwords,the;promiseissaid;tobe;(a);Expressed;(b) Implied;(c) Accepted;(d) Rejected;26. Inordertoconvert;a proposal intoa promise,theacceptance;must;(a) Beclear;(b) Beabsolute;(c) Beunqualified;(d) Beabsoluteandunqualified;27. Thecommunicationofanacceptanceiscompleteasagainst;the acceptor;(a) Whenitispostedbyhim;(b) Whenitisputinthecourseoftransmission;(c) Whenitcomestotheknowledgeoftheproposer;(d) Noneofthese;28. Ifthecommunicationismadebyan;unauthorisedperson,itdoesnotresult;ina/an;(a) Contract;(b) Agreement;(c) Offer;(d) Consideration;29. Whichsection,ofIndianContractActdefines;performanceoftheconditionsofaproposalisanacceptanceofthe;proposal"?;(a) Section6;(b) Section7;(c) Section8;(d) Section9;30. Variousmodesofrevocationofofferhavebeendescribedin;(a) Section4;(b) Section5;(c) Section6;(d) Section9;31. WhichsectionofLawofContractdefines,"Aproposalmayberevokedatanytime,beforethecommunicationofitsacceptanceiscomplete;asagainsttheproposer;butnotafterwards.;(a) Section5;(b);Section4;(c);Section6;(d);Section7;32. AccordingtoIndianContract;Act,apromiseis;(a) Acommunicationofintention;todosomething;(b) Aproposalwhichhasbeenaccepted;(c) Agentleman'swordtodosomething;(d) Astatementonoath;33. Whenpartiesenterintoacontractontelephone;thecontractbecomescompleteattheplacewhereacceptanceisheardby;the;proposer.Thishasbeen provided;(a) InnosectionofIndianContractActbutsodecided;bytheSupremeCourt;(b) Insection-2;(c) Insection-3;(d) Insection?4;34. Anadvertisementinvitingtenderis;(a) Aninvitationfornegotiations;(b) Aproposal;(c) Aninvitationforproposal;(d) Apromise;35. Goodsdisplayedina shopwindowwithaprice;labelwillamountto;(a) Offer;(b) Invitationtooffer;(c) Acceptanceofoffer;(d) Noneofthese;36. Apromiseeis;(a) Apersonwhomakesapromise;(b) Apersonwhomonitorsthestatementofintentionsoftwoparties;(c) Apersontowhomthepromise;ismade;(d) Noneofthese;37. Theperson making the proposaliscalled;(a) Promisor;(b) Promise;(c) Participator;(d) Noneofthese;38. Amerepassingutterancewill;(a) Amounttoaproposal;(b) Notamounttoaproposal;(c) Amounttoapromise;(d) Amounttooffer;39. Whichofthefollowingisaninvitationforoffer?;(a) Atendertosupplygoodsatacertain time;(b) Arequestforaloan;(c) Bidsinanauctionsale;(d) Acatalogueofgoodsforsale;40. Whichofthefollowingisanoffer?;(a) The merequotationoftermsbytrader;(b) Thequotationofthelowestpriceinanswertoenquiry;(c) Advertisementforsaleorauction;ofgoods;(d) Bidsinanauctionsale;41. Acceptanceinignorance oftheofferis;(a) Valid;(b) Invalid;(c) Void;(d) Voidable;42. Anofferoritsacceptance orbothmaybemade;(a) Bywords;(b) Byconduct;(c) Eitherbywordsorbyconduct;(d) Noneofthese;43. Whena proposaland itsacceptancearemadeby words,they are;knownas;(a) Expressed;(b) Implied;(c) Accepted;(d) Admitted;44. Incases,whereaproposalanditsacceptancearenotmadebywordsandareinferred;fromtheconduct;of theparties.Theyareknown as;(a) Impliedoffers;(b) Expressedoffers;(c) Specificoffers;(d) Generaloffers;45. Express offers and acceptances may be provedbytheagreement between the partiesbutimplied;offerscanbeproved onlyby;(a) Thewords;(b) Theconduct;(c) Circumstantialevidence;(d) Both(b)&(c);46. Anofferwhichisallowed;toremainofferforacceptanceovera;period oftimeisknownasa;(a) Standingoffer;(b) Specificoffer;(c) Expressoffer;(d) Impliedoffer;47. Voidablecontractisone;(a) Whichislawful;(b) Whichisinvalid;(c) Whichisvalidsolongitisnotavoidedbythepartyentitledtodoso;(d) Noneofthese;48. Acontractissaid;tobeexecutedwhenithasbeen;performedwhollyon;(a) Oneside;(b) Twosides;(c) Morethantwosides;(d) Noneofthese;49. Whenthecontractisperfectlyvalidinitssubstancebutwhichcannotbeenforcedbecauseofcertaintechnical;defects.Thisiscalleda;(a) Unilateralcontract;(b) Bilateralcontract;(c) Unenforceablecontract;(d) Voidcontract;50.;Thedifferencebetween;anadvertisementforsaleanda proposal;is;(a) Nodifferenceatall;(b) Thataproposalbecomesapromise;assoonasthepartytowhom itismadeacceptsitbutanadvertisementdoesnot;(c);Everycasewillbeviewedaccordingtothecircumstances;(d);Noneofthese

 

Paper#59030 | Written in 18-Jul-2015

Price : $22
SiteLock