51
Which of the following is correct?
A)
Indian Contract Act, 1882
B)
Indian Contract Act, 1972
C)
Indian Contract Act, 1872
D)
Indian Contract Act, 1888
Answer & Solution
Answer: Option
C
52
A contract is void on the ground of initial impossibility
A)
only where it is unknown to the parties
B)
only where it is known to the parties
C)
whether it is known or unknown to the parties at the time of agreement
D)
whether it is known to the third parties
Answer & Solution
Answer: Option
C
53
What is the penalty for hacking of computers?
A)
Three years imprisonment or Rs. 5,00,000
B)
Three years imprisonment or Rs. 3,00,000
C)
Two years imprisonment or Rs. 2,00,000
D)
Ten years of imprisonment or Rs. 10,00,000
Answer & Solution
Answer: Option
A
54
The doctrine of 'Ultra Vires' covers acts which are:
A)
Beyond the powers of the directors only
B)
Beyond the powers of the secretory only
C)
Beyond the objects stated in the memorandum of association only
D)
Beyond the powers of the chief executive of the company only
Answer & Solution
Answer: Option
C
55
Which capital is mentioned in the capital clause of the memorandum of association of company?
A)
Issued capital
B)
Called capital
C)
Authorised capital
D)
Paid-up capital
Answer & Solution
Answer: Option
C
56
In case of Deemed Public Limited Company, the maximum number of members may be
A)
10
B)
50
C)
20
D)
None of the above
Answer & Solution
Answer: Option
B
57
The preamble argues that revelation of information in actual practice is likely to conflict with
A)
other private interests
B)
other financial interests
C)
other public Interests
D)
None of these
Answer & Solution
Answer: Option
C
58
The first state to introduce the law on RTI was:
A)
Tamil Nadu
B)
Uttar Pradesh
C)
Maharashtra
D)
Gujarat
Answer & Solution
Answer: Option
A
59
Which of the following section of Sale of Goods Act defines contract of sale?
A)
Section 4
B)
Section 5
C)
Section 6
D)
Section 2(7)
Answer & Solution
Answer: Option
A
60
The doctrine of the Caveat Emptor is embodied in which section of Sale of Goods Act, 1930?
A)
Section 14
B)
Section 16
C)
Section 18
D)
Section 20
Answer & Solution
Answer: Option
B