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

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Question;1.;InaBookdepotacatalogue;ofbookenlistingthepriceofeachbookandspecifyingtheplacewhere;theparticularbookis;availableis;(a) Aninvitationtooffer;(b) Anoffer;(c) Aninvitationtovisitthebookshop;(d) Noneofthese;2.;Matchthefollowing;A. Section2(h) (I);Agreement;B.;Section2(e) (II);Promise;C.;Section2(b) (III) Contract;D. Section2(g) (IV)VoidagreementsA B C D;(a);I. II. III. IV;(b);III. I. II. IV;(c);II. I. IV. III;(d);IV, III. I. II;3.;Acatalogue;ofthegoodsofacompanyforsale?..aseries;ofoffersbutonlyaninvitationforoffers.;(a) Is;(b) Isnot;(c) Innormalcasesis;(d) Innormalcasesisnot;4.;Istelegraphinglowest;priceonrequestamereinvitationforanoffer?;(a) Yes;(b) No;(c) Notinnormalcases;(d) Noneofthese;5.;IstheIspromisedefinedunderclause???thesamethingasanagreementwhichisdefinedunderclause (e)ofsection2;(a) (a);(b) (b);(c) (c);(d) (d);6.;Afteraproposal;hasbeenaccepted;andthereispromise,canthepromisorresile;fromthepromise?;(a) Yes;(b) No;(c) Depends;(d) Anyoftheabove;7.;Cantherebean;acceptance ofan offerwhichhasnotcometotheknowledgeofthe;offeree?;(a) Yes;(b) No;(c) Depends;(d) Anyoftheabove;8.;Can the mere writing;on bills of medical practitionersthatinterestatone per cent,per;mensum becharged,amounttoa contract?;(a) Yes;(b) No;(c) Depends;(d) Noneoftheabove;9.;Wheretheofferswereinvitedforpurchasingthetreesandtheofferwasaccepted;onagreementascontemplatedby;Section2 comes into existence.;(a) (b);(b) (c);(c) (d);(d) (e);10. Canamerementalresolvetomakeanofferunlesssuchintentionisalsocommunicatedtotheotherparty has;agreed tomakesuchstatement?;(a) Yes;(b) No;(c) Innormalcases;(d) Notinnormalcases;11. Intheabsenceofanyexpress;orimplieddirectionsfromtheofferortothecontrary,cananofferbeacceptedbya;letter?;(a) Yes;(b) No;(c) Depends;(d) Noneoftheabove;12.;Shouldbothofferandacceptancebeabsolute;unqualifiedandunconditional?;(a) Yes;(b) No;(c) Notinnormal cases;(d) Depends;13. CanaletterofacceptancetoaProposer;notcorrectlyaddressed,although;posted,besaidtohavebeen"Put;ina courseoftransaction"tohim?;(a) Yes;(b) No;(c) Depends;(d) Anyoftheabove;14. Afteratransactionhasripened;intoacontract;doesitrequire;theconsentofbothparties;torevokeormodify it?;(a) Yes;(b) No;(c) Notinnormalcases;(d) Depends;15.;Anoffer doesnotlapseifthe;(a) offerordiesbeforeacceptance;(b) Theoffereediesbeforeacceptance;(c) Acceptanceismadebytheofferee;inignoranceofthedeathof theofferor;(d) Acceptanceismadebytheofferee;withknowledgeofthedeathoftheofferor;16.;Atelephonic acceptanceiscomplete;whenthe offeris;(a) spokenintothetelephone;(b) heardbutnotunderstoodbytheofferor;(c) heardandunderstoodbytheofferor;(d) isreceived,heardandunderstoodbysomepersonintheofferor's;house;17.;Whengoodsaredisplayed;inashow-windowbearingprice-tags,itindicates;(a) Offertosellgoodsatpricesmentionedonthepricetags;(b) aninvitationtomakeanoffer;(c) anadvertisement;(d) anannouncement;18.;Whichoneofthefollowingstatementsaboutavalidacceptanceofan;offerisNOTcorrect?;(a) Acceptanceshouldbeabsoluteandunqualified;(b) Acceptanceshouldbeintheprescribedmanner;(c) Acceptanceshouldbemadewhiletheofferissubsisting;(d) Acceptanceshouldinallcasesbethroughregisteredpost;19.;Acounterofferis;(a) Aninvitationtotreat;(b) Anacceptanceoftheoffer;(c) Arejectionoftheoriginaloffer;(d) Abargain;20.;Considerthefollowingstatements;1.;ThereisnodifferencebetweentheEnglish;lawandIndian;lawwithregardtoacceptancethroughpost.;2.;BothundertheEnglishlawandtheIndianlawacontractisconcluded;whentheletterofacceptanceisposted;3.;UndertheIndianlawwhentheletterofacceptanceisposteditiscomplete;onlyasagainsttheproposer.;4.;Itiscomplete;onlyasagainstthe;proposer.Whichoftheabovestatementsis/are;correct?(a)1and2;(b)2alone(c)3alone(d)None;21.;Forbinding contractboththeparties;tothecontractmust;(a) Agreewitheachother;(b) Stipulatetheirindividualoffer andconsideration;(c) Agreeuponthesamethinginthesamesense;(d) Puttheofferandcounter;offers;22. Whereaparticularmodeofcommunicationofacceptanceisnotprescribedandthepartiesarenotineachother's;presence,themostauthentic;modeofcommunicationofacceptanceisthe;(a) Telephone;(b) Telegraph;(c) Wireless;(d) Letter;23.;Whenapersonwithoutexpressinghisfinalwillingness,proposescertaintermsonwhichheiswillingtonegotiate,hemakes;(a) Counteroffer;(b) Standingoffer;(c) Offer;(d) Invitationtotreat;24.;Thecommunicationof;acceptancethrough;telephoneisregardedascompletewhen;(a) Acceptanceisspokenonphone;(b) Acceptancecomestotheknowledgeofpartyproposing;(c) Acceptanceisputincourseoftransmission;(d) Acceptorhasdonewhateverisrequiredtobedonebyhim;25.;Thetermconsensusad-idemmeans;(a) Formationofthecontract;(b) Reachingofagreement;(c) Meetingofminds;(d) Generalconsensus;26.;Whichoneof thefollowinghas;thecorrectsequence?;(a) Offer,acceptance,contract,consideration;(b) Offer,acceptance,consideration,contract;(c) Contract,acceptance,consideration,offer;(d) Offer,consideration,acceptance,contract;27. Whenapersonsignifieshisassenttoaproposal;madetohimtorefrainfromdoingsomething,theresultanttransactionisknownas;(a) Promise;(b) Agreement;(c);Contract;(d) Understanding;28.;Anoticeinthenewspapersinviting;tendersis;(a) Aproposal;(b) Aninvitationtoproposal;(c) Apromise;(d) Aninvitationfornegotiation;29.;Whichoneofthefollowingstatementsistrue?;(a) Offerandacceptancearerevocable;(b) Offerandacceptanceareirrevocable;(c) Anoffercanberevoked;butacceptancecannot;(d) Anoffercannot;berevokedbutacceptancecanbe;30.;Thedoctrineofprivity;ofcontractislaid;downinthecaseof;(a) Carlillv.CarbolicSmoke;Ball&Co.;(b) Balfourv.Balfour;(c) Harveyv.Facey;(d) DunlopPneumaticTyreCo.Ltd.v.Self ridge;Co.;31.;Whichoneofthefollowing;isnotthelegalrequirementofvalidoffer?;(a) Itmustbecommunicatedtotheofferee;(b) Itmustexpressofferor'finalwillingness;(c) Itmustbemadetoaspecific;personandnottopublicatlarge;(d) Itmustbemadewithaviewtoobtainofferee;assent;32.;Sections4and5oftheIndianContract;Actprovideforcommunicationofofferandacceptanceandrevocationthereof.Inthisrelation;whichoneofthefollowingisnotcorrect?;(a) Communicationofofferiscompletewhenitreaches;theofferee;(b);Revocationofacceptanceiscompletewhenacceptanceispostedinfavouroftheproposer;(c);AProposalmaybyrevokedanytimebeforecommunicationofacceptance;(d);Acceptancemayberevokedanytimebeforecommunicationofacceptance;33.;Whatcanacatalogueofbooks,listingpriceofeachbookandspecifyingtheplacewherethelistedbooksareavailablebetermed;as?;(a) Anoffer;(b) Anobligationtosellbook;(c) Aninvitationtooffer;(d) Apromisetomakeavailablethe booksatthelisted;34.;Considerthefollowingstatements;1.;Generalofferrequirethecommunicationofacceptance.;2.;Allcontractsareagreements;3.;Allagreementsarecontracts;4.;AllillegalagreementsarevoidagreementsWhichof the statementsgivenaboveare correct?;(a);2 and4;(b);1,3 and4;(c);1and2;(d);2,3 and4;35.;Considerationis;(a) Doingorabstainingfromdoingsomething;atthedesireofpromisor;(b) Essentialconditionofacontract;(c) Elementofexchangeinacontract;(d) All theabove;36.;Ifthereisno;consideration,then;(a) Theagreementisvoid;(b) Theagreementisvalid;(c) Theagreementisillegal;(d) Theagreementisvoidable;37.;Considerationmustbe;(a) Adequate;(b) Superficial;(c) Unlawful;(d) Something;38.;WhichsectionofIndianContractActdefinesconsideration?;(a);Section2(a);(b) Section2(b);(c);Section2(c);(d);Section2(d);39.;Avalidconsiderationincludes;(a) Executedorexecutoryconsideration;(b) Pastconsideration;(c) Inadequateconsideration;(d) Allofthese;40.;Avalidconsiderationhasthefollowingessentialelements;(a);Itmust moveatthedesire;ofthepromisor;(b);Considerationmaybesuppliedbythepromiseeoranyotherperson;(c);Considerationmaybepast,presentorfuture;(d);All theabove;41.;ConsiderationcontemplatedunderIndianlawis;(a) Pastconsiderationonly;(b) Presentconsiderationonly;(c) Past,presentorfutureconsideration;(d) Monetaryconsiderationonly;42.;Anagreementwithoutconsiderationisvoid;under;(a) Sec.25(1)oftheContract;Act;(b) Sec.25(3)oftheContract;Act;(c) Sec.25(2)oftheContract;Act;(d) Noneoftheaboveclauses;insec.25;43.;Theexceptionstothedoctrineof;PrivityofContract;include;(a) Familysettlements;(b) Agreements;(c) Assignment;(d) Allofthese;44. Thelatinterm "quidproquo;refersto;(a) Somethinginreturn;(b) Strangertoconsideration;(c) Somethingsensible;(d) Somethingvaluable;45.;Astrangertoa;considerationcanfileasuitand;suchastrangeris;(a) Apersonwhoisnotapartytothecontract;(b) Apersonwhohasgivenconsideration;(c) Apersonwhohasnotgivenconsideration;(d) Apersonwhoisapartytothecontract;butnotgivenconsideration;46.;Considerationmustmoveatthedesire;of;(a) Promisor;(b) Promisee;(c) Thirdparty;(d) Anyotherperson;47.;Considerationmaybegivenby;(a) Thepromisor;(b) Thepromisee;(c) Anyotherperson;(d) Thepromiseeoranyotherperson;48.;Apromisetopayatime-barreddebtmustbe;(a) Oral;(b) Writtenandsigned;(c) Registered;(d) Writtenandregistered;49.;Whichareofthefollowingstatementsisfalse.;(a) Promiseeoranyotherpersonmaysupplyconsideration;(b) PastconsiderationisgoodConsideration;(c) Considerationneednotbeadequate;(d) Considerationshouldbeadequate;50.;Whichofthefollowingstatements;isnottrue;(a) Considerationmustbereal;notillusory;(b) Considerationmaybeinadequate;(c) Pastconsiderationisnoconsideration;(d) Considerationshouldnotconsistofalegalobligation

 

Paper#59031 | Written in 18-Jul-2015

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