21
A plaintiff, who sets up a plea of coercion has to establish all, but one, of the following
A)
The utterance of threat
B)
It should proceed from a party to the contract or be immediately directed against the party whom, it is intended to coerce, to enter into the contract
C)
Of an act forbidden by the Indian Penal Code
D)
With the intention of compelling the plaintiff to make the agreement complained of
Answer & Solution
Answer: Option
B
22
Who can create trust among these?
A)
Convict
B)
Lunatic
C)
Alien
D)
Infant
Answer & Solution
Answer: Option
C
23
Where the object of the transfer is illegal, the court will not help the transferor in
A)
The question of relief on a matter of public policy
B)
Where the illegal purpose is not carried into execution
C)
Where the transferor is not as guilty as the transferee
D)
The effect of permitting the transferee to retain the property might be to defeat the provisions of any law
Answer & Solution
Answer: Option
A
24
Who among the following cannot become beneficiary?
A)
The Government
B)
Unborn child
C)
Corporation
D)
Alien
Answer & Solution
Answer: Option
B
25
Which of the following Sections of the Indian Trust Act deals with liability for breach of trust?
A)
Section20
B)
Section21
C)
Section 22
D)
Section 23
Answer & Solution
Answer: Option
D
26
Instances of passive breach of trust excludes
A)
Neglect to enforce a covenant
B)
Neglect to ask for, and obtain the title deeds relating to the settled property
C)
Non-conversion of the trust estate directed to be converted
D)
Buying of trust property by trustee on his own account
Answer & Solution
Answer: Option
D
27
Where the trust property consists of money and cannot be applied immediately or at an early date to the purposes of the trust, the trustee is bound (subject to any direction contained in the instrument of trust) to invest the money on the specified securities and on no others. Which Section of the Indian Trusts Act, 1882 contains this provision?
A)
Section18
B)
Section19
C)
Section20
D)
Section21
Answer & Solution
Answer: Option
C
28
For creating a trust of moveable property, it is not necessary that
A)
There must be a declaration of intention to create a trust
B)
The purpose of trust be specified
C)
The beneficiary and the trust property be identified
D)
The property is physically transferred to the trustee
Answer & Solution
Answer: Option
D
29
A bequeaths certain property to B, having full confidence that he will dispose of it for the benefit of C
A)
This creates a trust so far as regards A and C
B)
This does not create a trust so far as regards A and C
C)
Depends
D)
None of the above
Answer & Solution
Answer: Option
A
30
The so-called "The Statute of "Frauds" still noted in the Schedule of the Indian Trusts Act, 1882
A)
Has no application in India
B)
Has application in India
C)
Has application in India if Indian Courts follow
D)
Has application in India by Indian Arbitration Tribunal
Answer & Solution
Answer: Option
A
