MCQOPTIONS
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MCQOPTIONS
This section includes 3246 Mcqs, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 1601. |
Assignment by the operation of law takes place |
| A. | by the mutual consent of the parties |
| B. | by the will of either party |
| C. | when the subject matter of a contract ceases to exist |
| D. | by the death of a party to a contract |
| Answer» E. | |
| 1602. |
X contracts to sell his scooter to Y for Rs. 50,000 and Y agrees to pay on delivery. Both theparties perform their promises. This is called |
| A. | a waiver |
| B. | breach of a contract |
| C. | an attempted performance of contract |
| D. | an actual performance of a contract |
| Answer» E. | |
| 1603. |
_________ indicates that the parties are not further bound under the contract |
| A. | waiver of a contract |
| B. | breach of a contract |
| C. | rescission of a contract |
| D. | discharge of a contract |
| Answer» E. | |
| 1604. |
Because of supervening event, the promisor is excused from the performance of the contract.This is known as |
| A. | a doctrine of frustration |
| B. | an initial impossibility |
| C. | a doctrine of ultra-vires |
| D. | an operation of law |
| Answer» B. an initial impossibility | |
| 1605. |
A contract is discharged by the breach when a party to a contract |
| A. | refuses to perform his promise |
| B. | fails to perform his promise |
| C. | disables himself from performing his part of the promise |
| D. | all of the above |
| Answer» E. | |
| 1606. |
The doctrine of impossibility of performance, rendering a contract void, is based on |
| A. | a commercial impossibility |
| B. | a supervening impossibility |
| C. | just and reasonable ground |
| D. | an unjust enrichment |
| Answer» C. just and reasonable ground | |
| 1607. |
For the enforcement of a promise to pay a time-barred debt without consideration, which ofthe following condition is not required? |
| A. | it must be in writing |
| B. | it must be definite and express |
| C. | it must be signed by the promisor |
| D. | it must be registered in court of law |
| Answer» E. | |
| 1608. |
An agreement made with free consent to which the consideration is lawful but inadequate, is |
| A. | void |
| B. | valid |
| C. | voidable |
| D. | unlawful |
| Answer» C. voidable | |
| 1609. |
As a general rule, an agreement made without consideration is |
| A. | void |
| B. | valid |
| C. | voidable |
| D. | unlawful |
| Answer» B. valid | |
| 1610. |
Which of the following is not the legal requirements of a valid offer |
| A. | it must be communicated to the offeree |
| B. | it must be made with a view to obtain offeree's assent |
| C. | it must express offeree's final willingness |
| D. | it must be made to a specific person and not to public at large |
| Answer» E. | |
| 1611. |
General offer can be accepted by |
| A. | any person |
| B. | specific person |
| C. | any person having notice of it |
| D. | none of these |
| Answer» D. none of these | |
| 1612. |
Which of the following does not constitute valid acceptance |
| A. | it has been communicated |
| B. | it is absolute and unqualified |
| C. | it has been presumed from silence of offeree |
| D. | the offer has been accepted by the proper person |
| Answer» D. the offer has been accepted by the proper person | |
| 1613. |
A contract is made where |
| A. | x agrees with y to discover a treasure by magic |
| B. | x bids at a public auction |
| C. | x takes a sit in a public omni bus |
| D. | x promises in writing to give rs. 500 to y |
| Answer» D. x promises in writing to give rs. 500 to y | |
| 1614. |
A jus in personam means a right against |
| A. | a specific person |
| B. | the public at large |
| C. | a specific thing |
| D. | none of these |
| Answer» B. the public at large | |
| 1615. |
The Indian Contract Act, 1872 applies to the |
| A. | whole of india including jammu & kashmir |
| B. | whole of india excluding jammu & kashmir |
| C. | states notified by the government every year |
| D. | northern and eastern indian states |
| Answer» C. states notified by the government every year | |
| 1616. |
Choose the incorrect statement:To constitute a wager, following elements should be present in the agreement: |
| A. | uncertain event |
| B. | each party must pay in a win or lose situation |
| C. | neither party should have any contract over the event |
| D. | there should be a promise to pay money only |
| Answer» E. | |
| 1617. |
A positive assertion, in a manner not warranted by the information of the person making it, ofthat which is not true, though he believes it to be true is said to be a: |
| A. | fraud |
| B. | misrepresentation |
| C. | mistake |
| D. | misinterpretation |
| Answer» C. mistake | |
| 1618. |
A minor can: |
| A. | be an agent |
| B. | be a principal |
| C. | both |
| D. | none of these |
| Answer» B. be a principal | |
| 1619. |
Under the Contract Act, 1872 a person is said to be of sound mind for the purpose of makinga contract if: |
| A. | he is not illiterate and can read and understand the terms of the contract. |
| B. | he is capable of understanding the contract and forming a rational judgement as to its effect upon his interests. |
| C. | he is of the age of majority and is not disqualified from contracting by any law to which he is subject. |
| D. | he is not suffering from any mental disease or distress. |
| Answer» C. he is of the age of majority and is not disqualified from contracting by any law to which he is subject. | |
| 1620. |
In which of the following circumstances a contract can be treated as discharged under the concept of supervening impossibility? |
| A. | spurt in prices |
| B. | change in import policy |
| C. | non-receipt of raw material from the supplier |
| D. | shortage of working capital |
| Answer» C. non-receipt of raw material from the supplier | |
| 1621. |
Which of the following case is not covered by the concept of supervening impossibility? |
| A. | destruction of subject matter |
| B. | death or incapacity of the promisor |
| C. | outbreak of war |
| D. | difficulty of performance |
| Answer» E. | |
| 1622. |
Which of the following is not an essential element of a valid contract: |
| A. | adequacy of consideration |
| B. | capacity to contract |
| C. | free consent |
| D. | none of the above |
| Answer» B. capacity to contract | |
| 1623. |
If a contract provides for the payment of a certain amount on breach of a contract, suchpayment is termed as: |
| A. | special damages |
| B. | nominal damages |
| C. | liquidated damages |
| D. | compensatory damages |
| Answer» D. compensatory damages | |
| 1624. |
The term “Quid pro quo” means: |
| A. | something in return |
| B. | something important |
| C. | something of value |
| D. | something relevant |
| Answer» B. something important | |
| 1625. |
Two or more persons are said to consent when they agree upon |
| A. | the same thing in the same sense |
| B. | the same thing in any sense |
| C. | the same thing in a specific sense |
| D. | none of these |
| Answer» D. none of these | |
| 1626. |
A promise to subscribe to a charity is a |
| A. | void agreement |
| B. | void contract |
| C. | voidable contract |
| D. | valid contract |
| Answer» B. void contract | |
| 1627. |
A contract for the benefit of a minor entered into by his manager is |
| A. | illegal |
| B. | voidable |
| C. | void |
| D. | valid |
| Answer» E. | |
| 1628. |
When an offer can be accepted only by the person to whom it is made, it is called- |
| A. | express offer |
| B. | general offer |
| C. | specific offer |
| D. | implied offer |
| Answer» D. implied offer | |
| 1629. |
A contract entered into between the parties by words is called- |
| A. | express contract |
| B. | implied contract |
| C. | quasi contract |
| D. | specific contract |
| Answer» B. implied contract | |
| 1630. |
Consideration must move at the desire of- |
| A. | third party |
| B. | the promisee |
| C. | the promisor |
| D. | none of these |
| Answer» D. none of these | |
| 1631. |
Which of these is a wagering contract? |
| A. | insurance contract |
| B. | teji mandi contract |
| C. | lottery |
| D. | all of these |
| Answer» D. all of these | |
| 1632. |
Agreement caused by a bilateral mistake of fact is- |
| A. | void |
| B. | voidable |
| C. | illegal |
| D. | valid |
| Answer» B. voidable | |
| 1633. |
The Indian contract act come into force |
| A. | from 1 september 1972 |
| B. | before 1 september 1882 |
| C. | from 1 september 1872 |
| D. | after 1 september 1872 |
| Answer» D. after 1 september 1872 | |
| 1634. |
Contract with minor is |
| A. | illegal |
| B. | valid |
| C. | void |
| D. | voidable |
| Answer» D. voidable | |
| 1635. |
Processed data is called ................ |
| A. | field |
| B. | information |
| C. | record |
| D. | file |
| Answer» C. record | |
| 1636. |
............. is most basic element of data |
| A. | character |
| B. | field |
| C. | record |
| D. | database |
| Answer» B. field | |
| 1637. |
A group of related records constitutes a.................. |
| A. | database |
| B. | file |
| C. | information |
| D. | field |
| Answer» C. information | |
| 1638. |
Information systems are composed of __________ basic components. |
| A. | four |
| B. | three |
| C. | two |
| D. | many |
| Answer» C. two | |
| 1639. |
The __________ can help you choose a product. |
| A. | office automation system |
| B. | management information system |
| C. | transaction processing system |
| D. | decision support system |
| Answer» E. | |
| 1640. |
An intranet that is accessible by outside workers. |
| A. | firewall |
| B. | extranet |
| C. | management information system |
| D. | p2pn |
| Answer» C. management information system | |
| 1641. |
__________ is the capability to continue as if nothing has happened, even after a majorcomponent failure. |
| A. | redundancy |
| B. | interoperability |
| C. | fault tolerance |
| D. | backup |
| Answer» D. backup | |
| 1642. |
A storage device that is connected directly to a network is an example of __________. |
| A. | network attached storage |
| B. | storage area network |
| C. | direct attached storage |
| D. | raid |
| Answer» B. storage area network | |
| 1643. |
A tape library will use a robotic component called a(n) __________ to change and store multipletape cartridges. |
| A. | raid |
| B. | backup device |
| C. | redundant system |
| D. | auto loader |
| Answer» E. | |
| 1644. |
More than one of the same component is an example of a __________ system. |
| A. | scalable |
| B. | redundant |
| C. | raid |
| D. | back-up |
| Answer» C. raid | |
| 1645. |
Which of the following is not one of the three 'Cs' describing groupware? |
| A. | coordination. |
| B. | communication. |
| C. | compliance. |
| D. | collaboration. |
| Answer» D. collaboration. | |
| 1646. |
Business Intelligence and data warehousing are used for which of the following? |
| A. | data mining. |
| B. | analysis of large volumes of product sales data. |
| C. | what-if scenarios. |
| D. | all of the above. |
| Answer» E. | |
| 1647. |
Which of the following is an EIS? |
| A. | external information system. |
| B. | extended information system. |
| C. | electronic information system. |
| D. | executive information system. |
| Answer» E. | |
| 1648. |
Which of the following system components is responsible for ensuring that the system is workingto fulfil its objective? |
| A. | outputs. |
| B. | processing. |
| C. | feedback. |
| D. | control. |
| Answer» E. | |
| 1649. |
What is the role of document image processing (DIP) systems? |
| A. | conversion into digital format. |
| B. | product management. |
| C. | cash flow forecasting. |
| D. | producing customer invoices. e. inventory control. |
| Answer» B. product management. | |
| 1650. |
Which of these is a cost/efficiency driver of e-commerce? |
| A. | improving the range and quality of services offered. |
| B. | avoid losing market share to businesses already using e-commerce. |
| C. | increasing speed with which supplies can be obtain |
| Answer» D. | |