Legal Aspects Of Business - Practice Test

[#56] A company secretary has following liability:

(A) Contractual only

(B) Statutory only

(C) Civil only

(D) Both contractual and statutory

Correct Answer

(D) Both contractual and statutory

[#57] Match List-I with List-II and select the correct answer: List-I (Term) List-II (Explanation) a. Contract 1. Accepted proposal b. Offer 2. Agreement enforceable by law c. Promise 3. Proposal

(A) a-2, b-3, c-1

(B) a-1, b-3, c-2

(C) a-1, b-2, c-3

(D) a-3, b-2, c-1

Correct Answer

(A) a-2, b-3, c-1

[#58] In which of the following cases is a contract not voidable at the option of the party whose consent was so caused?

(A) When the consent was caused by coercion

(B) When the consent was caused by misrepresentation

(C) When the consent was caused by silence but the party had the means of discovering the truth

(D) When the consent was caused by fraud

Correct Answer

(C) When the consent was caused by silence but the party had the means of discovering the truth

[#59] Mr. A advertises in a daily newspaper that he will give a prize of Rs. 90,000 to the first person to swim the English channel and back during the month of August. F, who has read the advertisement, sets off from Dower on 1 st August and reaches the coast of Fracne on 2 nd August. On that day, a further advertisement appears in the same newspaper stating that the offer of the prize has been withdrawn. On 3 rd August, F completes the return swim to England can F recover the prize.

(A) Yes, as the second advertisement is ineffective so for as F is concerned

(B) No, as the offer was revocated

(C) F can only claim for damages

(D) None of the above

Correct Answer

(A) Yes, as the second advertisement is ineffective so for as F is concerned

[#60] Arrange the following in order of their manifestations: 1. Offer 2. Acceptance 3. Breach of contract 4. Contract Choose the correct option from the following:

(A) 1, 2, 3 and 4

(B) 1, 2, 4 and 3

(C) 2, 3, 1 and 4

(D) 1, 4, 3 and 2

(E) 1, 2, 3 and 4

(F) 1, 2, 4 and 3

(G) 2, 3, 1 and 4

(H) 1, 4, 3 and 2

Correct Answer

(B) 1, 2, 4 and 3
(F) 1, 2, 4 and 3

Legal Aspects Of Business - Study Mode

[#56] A company secretary has following liability:

Correct Answer

[#57] Match List-I with List-II and select the correct answer: List-I (Term) List-II (Explanation) a. Contract 1. Accepted proposal b. Offer 2. Agreement enforceable by law c. Promise 3. Proposal

Correct Answer

[#58] In which of the following cases is a contract not voidable at the option of the party whose consent was so caused?

Correct Answer

Correct Answer

[#60] Arrange the following in order of their manifestations: 1. Offer 2. Acceptance 3. Breach of contract 4. Contract Choose the correct option from the following:

Correct Answer