81
If the proposer prescribes the mode & manner of acceptance, the acceptance
A)
Can be in any manner & mode
B)
Should be in the manner & mode prescribed
C)
Can be in any reasonable mode & manner
D)
All the above
Answer & Solution
Answer: Option
B
82
If the pawner makes a default in payment of debt, at the stipulated time
A)
The pawnee has a right to sell the goods pledged without notice to the pawner
B)
The pawnee has a right to sell the goods pledged after giving a reasonable notice of sale to the pawner
C)
Has no right to sell the goods pledged but has a right to retain the goods as collateral security for the debt
D)
Neither has a right to sell the goods nor retain the goods as collateral security but has a right to sue for pawner upon the debt
Answer & Solution
Answer: Option
B
83
Which of the following is not an essential for a valid sale:
A)
The parties must be competent to contract
B)
There must be mental consent
C)
There must be a transfer of property
D)
There must be an agreement to sell
Answer & Solution
Answer: Option
D
84
Indian Contact Act - 'A' agreed to pay 'B' rupees 500 for giving false
A)
B', can compel 'A' to pay to agreed sum as the contract was valid
B)
B' cannot claim money as the contract was void because it was in tended to defeat the legal process
C)
B' cannot claim the money because the contract was voidable at the option of 'A'
D)
B' can claim the money as the contract was neither void nor voidable
Answer & Solution
Answer: Option
B
85
When consent to an agreement is caused by coercion, the agreement is
A)
Valid contract
B)
Voidable contract
C)
Void contract
D)
Invalid contract
Answer & Solution
Answer: Option
B
86
The maxim lex non cogit ad impossihilia is related to:
A)
Initial impossibility
B)
Subsequent impossibility
C)
Both A and B
D)
None of the above
Answer & Solution
Answer: Option
C
87
Which one of the following propositions is correct?
A)
A minor's contract being void, a minor is not bound to pay for necessities supplied to him
B)
A minor's contract being voidable he is bound to pay for necessities supplied to him
C)
A minor is bound to pay for necessities supplied to him because a minor's contract is valid
D)
A minor's contract is void but he is bound to pay for necessities supplied to him
Answer & Solution
Answer: Option
D
88
A directs B, his solicitor, to sell his estate by auction, and to employ an auctioneer for the purpose. B names C, an auctioneer, to conduct the sale.
A)
C is not a sub-agent, but is A's agent for the conduct of the sale
B)
C is neither agent nor sub-agent of A
C)
C is only a sub-agent of A
D)
It is the options of A to treat C either agent or sub-agent
Answer & Solution
Answer: Option
A
89
For a loan, when there is stringency in money market, a banker asks for unusually high rate of interest. A accepts the loan on the terms. This is a
A)
Valid transaction in the ordinary course of business
B)
Transaction vitiated by coercion
C)
Transaction vitiated by undue influence
D)
Transaction vitiated by fraud
Answer & Solution
Answer: Option
A
90
In cases of joint promise generally a promisee can compel
A)
All the joint promisors to perform
B)
Anyone of them to perform
C)
Some of them to perform
D)
All of the above
Answer & Solution
Answer: Option
D
