Important Paper LAW Exam
1. Which one of the following statements is correct?
The communication of acceptance is complete as against the acceptor:
(a) when it comes to the knowledge of the acceptor
(b) when it comes to the knowledge of the proposer
(c) when it comes to the knowledge of both the proposer and acceptor
(d) even when it does not necessarily to the knowledge of anybody
Ans. (b)
2. Agreements which are in the nature of best and gambling are called:
(a) Invalid agreements
(b) Voidable contracts
(c) Contingent contracts
(d) Wagering agreements
Ans. (d)
3. What can a catalogue of books, listing price of each book and specifying the place where the listed books are available be termed as?
(a) An offer
(b) An obligation to sell book
(c) An invitation to offer
(d) A promise to make available the books at the listed place
Ans. (c)
4. Unlawful detaining of the reatening to detain any property with the intention of causing any person to enter into an agreement would amount to which one of the following?
(a) Unlawfully detention
(b) Duress
(c) Undue influence
(d) Coercion
Ans. (d)
5. A contract which is vitiated by undue influence is declared as which one of the following by the Indian Contact Act?
(a) Invalid
(b) Void
(c) Illegal
(d) Voidable
Ans. (d)
6. Consider the following:
1. Active concealment of fact.
2. Promise made without any intention of performing it.
3. Breach of duty which gains and advantage to the person committing it.
4. Inducing mistake as to subject matter:
Which of the above amount to fraud?
(a) 1 and 2
(b) 2 and 3
(c) 3 and 4
(d) 1 and 4
Ans. (a)
7. A minor enters into agreement representing himself to be major
Consider the following statements:
1. Minor commits fraud if the other party does not have personal knowledge of his age
2. Such agreement is enforceable
3. The doctrine of estoppel does not apply in minor's case
4. Other party is entitled to get back the benefit passed to minor, if innocent about his age
Which of the statements given above are correct?
(a) 1,3 and 4
(b) 2 and 3
(c) 1,2 and 4
(d) 2 and 4
Ans. (a)
8. Which one of the following statements about general offer is correct?
(a) The general offer should be made to the specified persons
(b) The general offer does not require any consideration
(c) The general offer prescribes some condition to be fulfilled
(d) The general offer does not work without support of public at large
Ans. (d)
9. Which of the following types of Contracts are generally termed uberrima fides contracts?
1. Insurance contracts
2. Contract for purchase of car.
3. Partnership contracts.
4. Quasi-contact.
Select the correct answer using the codes given below:
(a) 1,3 and 4
(b) 1 and 3
(C) 1,2 and 4
(d) 2,3 and 4
Ant. (b)
10. When law makes out the contract for parties, although no contract might have been made by parties, such a contract is termed as:
(a) contract of frustration
(b) quasi-contact
(c) unenforceable agreement
(d) contract by obligation
Ans. (b)
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