11
Which is true of the acknowledgement of liability
A)
Has to be made to the person concerned/creditor
B)
Can be made to a person other than the person entitled to the property
C)
Can be made after the expiry of the period of limitation
D)
Has to be a promise to pay
Answer & Solution
Answer: Option
B
12
What is the limitation for filing a suit for recovery of arrears of rent?
A)
Three years from the date the arrears become due
B)
Three years from the date when the notice is given
C)
Three years from the date when the demand for rent is made
D)
None of the above
Answer & Solution
Answer: Option
A
13
The period of limitation for suits relating to immovable property for foreclosure by a mortgagee is:
A)
12 years
B)
30 years
C)
1 year
D)
3 years
Answer & Solution
Answer: Option
B
14
The Law of Limitation only bars remedy, but does not extinguish the . . . . . . .
A)
Property
B)
Right
C)
Debt
D)
Recovery
Answer & Solution
Answer: Option
B
15
Municipal Council, Ratlam v. Vardhichand, (1980) 4 SCC 163, is a case on
A)
Environmental damaging construction work
B)
Environmental damage caused by toxic gases
C)
Failure of a local body to perform its statutory functions
D)
Failure of a private enterprise to perform its statutory duties
Answer & Solution
Answer: Option
C
16
A fresh period of limitation shall be computed from the time when the acknowledgement was . . . . . . .
A)
Signed before expiration of prescribed period
B)
Signed after expiration of prescribed period
C)
Oral agreement before expiration of prescribed period
D)
Oral agreement after expiration of prescribed period
Answer & Solution
Answer: Option
A
A)
Limitation bars the judicial remedy
B)
Limitation extinguishes the right
C)
Limitation is a substantive law
D)
Limitation bars the extra judicial remedies
Answer & Solution
Answer: Option
A
18
Limitation Act came into force on
A)
5th October, 1963
B)
11th November, 1963
C)
30th December, 1963
D)
1st January, 1964
Answer & Solution
Answer: Option
D
19
Period spent in prosecuting the case before the Consumer Forum can be
A)
Partly excluded
B)
Included
C)
Excluded
D)
Partly included
Answer & Solution
Answer: Option
C
20
The limitation for filing a suit, by a surety, against the principal debtor, would be 3 years from the date on which:
A)
The amount became payable to the creditor
B)
The amount was paid by the surety to the creditor
C)
The refusal, by the principal debtor to pay the amount on notice being by the surety
D)
The date of demand, by the creditor, for payment thereof, to the debtor, or the surety, whichever is earlier
Answer & Solution
Answer: Option
B
