Legal Aspects of Business MCQ Questions and Solutions with Explanations | Commerce
Legal Aspects of Business MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Legal Aspects of Business MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-7 section-10
Each section contains 100 MCQs on
Legal Aspects of Business .
Mr. X, a builder, contracts to erect and finish a house by the 1st January, in order that Mr. B may give possession of it at that time to Mr. C, to whom Mr. B has contracted to let it. Mr. A is informed of the contract between Mr. B and Mr. C. Mr. A builds the house so badly that, before the 1st January, it falls down and has to be rebuild by Mr. B, who in consequence, loses the rent which he have received from Mr. C and is obliged to make compensation to Mr. C for the breach of his contract.