A. an immoral agreement.B. a valid agreement.C. an agreement opposed to public policy.D. an enforceable agreement. Related Posts:A contract to trade with an enemy isCreation of a political fund by trade unions under the Trade…Each party to a contract is Read More …
Tag: Fundamentals of Law MCQs
A Promissory Note must be
A. in writingB. unconditionalC. signed by the makerD. all of the above Related Posts:The maturity of a promissory note or bill of exchange is the…In a promissory note, the amount of money payableThe undertaking contained in a promissory note, to Read More …
The Negotiable Instruments Act 1881 came into force on
A. 9th December 1881,B. 19th December, 1881C. 1st March, 1882D. None of the above Related Posts:Under Section 118 of the Negotiable Instruments Act, 1881,…The term ‘Negotiable Instrument’ is defined in the…The term “ a cheque in the electronic form” is Read More …
The term ‘Negotiable Instrument’ is defined in the Negotiable Instruments Act, 1881, under Section.
A. 12B. 13C. 13AD. 2(d) Related Posts:Under Section 118 of the Negotiable Instruments Act, 1881,…The term “ a cheque in the electronic form” is defined in…Which of the following is not a Negotiable Instrument as per…The Negotiable Instruments Act 1881 Read More …
Right of Stoppage in transit may be exercised by the Unpaid Seller, by
A. taking actual possession of goods.B. giving notice of his claim to the Carrier/Bailee who holds the goodsC. Either (a) or (b)D. Both (a) and (b) Related Posts:Right of stoppage in transit can be exercised by the Unpaid…Right of Stoppage Read More …
Property in the goods in the Sale of Goods Act, 1930 means
A. Ownership of goodsB. Possession of goodsC. Asset in the goodsD. Custody of goods Related Posts:The Sale of Goods Act, 1930 governs the transfer of property…What is the purpose behind the enactment of Sale of Goods…Which of the following is Read More …
The Sale of Goods Act, 1930 governs the transfer of property in
A. movable propertyB. immovable propertyC. both movable and immovable property \D. all types of properties Related Posts:Property in the goods in the Sale of Goods Act, 1930 meansWhat is the purpose behind the enactment of Sale of Goods…Which of the Read More …
Right of Stoppage in transit can be exercised by the Unpaid Seller, where he
A. has lost his right of lienB. still enjoys his right of lienC. either (a) or (b)D. neither (a) nor (b) Related Posts:Right of stoppage in transit can be exercised by the Unpaid…Right of Stoppage in transit may be exercised Read More …
Transfer of documents of title to the goods sold to the buyer, amounts to
A. actual deliveryB. Symbolic deliveryC. constructive deliveryD. None of the above Related Posts:If a car is sold for Rs..50000 the profit is 17 percent,…Mr. A obtained mobile set from Mr. B by fraud. Mr. A has a…S sells certain goods Read More …
A valid contract of sale
A. includes ‘an agreement to sell’B. does not include ‘an agreement to sell’C. includes hire purchase contractD. includes contract for work and labour Related Posts:For a valid contract of sale, delivery may beA grocer has a sale of Rs. 6435, Read More …