MCQOPTIONS
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MCQOPTIONS
This section includes 370 Mcqs, each offering curated multiple-choice questions to sharpen your UGC-NET knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
A valid consideration includes, |
| A. | executed or executory consideration. |
| B. | past consideration. |
| C. | inadequate consideration. |
| D. | All of the above |
| Answer» E. | |
| 52. |
Who is liable for necessaries supplied to a minor? |
| A. | The guardian of the minor |
| B. | The minor |
| C. | His property |
| D. | None of the above |
| Answer» D. None of the above | |
| 53. |
Which one of the following has the correct sequence? |
| A. | Offer, acceptance, contract, consideration. |
| B. | Offer, acceptance, consideration, contract |
| C. | Contract, acceptance, consideration, offer |
| D. | Offer, consideration, acceptance, contract. |
| Answer» C. Contract, acceptance, consideration, offer | |
| 54. |
For an acceptance to be valid, it must be |
| A. | partial and qualified. |
| B. | absolute and unqualified |
| C. | partial and unqualified |
| D. | absolute and qualified |
| Answer» C. partial and unqualified | |
| 55. |
‘Active Concealment of fact’ is associated with which one of the following? |
| A. | Misrepresentation |
| B. | Undue Influence |
| C. | Fraud |
| D. | Mistake |
| Answer» D. Mistake | |
| 56. |
Of the following who is competent to enter into a contract? |
| A. | Minor |
| B. | Unsound mind |
| C. | Lunatic |
| D. | Sound mind |
| Answer» E. | |
| 57. |
A void contract |
| A. | is void from the very beginning. |
| B. | is valid in the beginning but becomes void later on. |
| C. | is enforceable at the option of one of the contracting parties only. |
| D. | none of the above |
| Answer» C. is enforceable at the option of one of the contracting parties only. | |
| 58. |
What can a catalogue of books, listing price of each book and specifying the place wherethe 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 |
| Answer» D. A promise to make available the books at the listed | |
| 59. |
An agreement without consideration is void except in case of compensation for |
| A. | voluntary services rendered |
| B. | voluntary services rendered at the request of the other party to the agreement. |
| C. | voluntary services rendered at the request of third person. |
| D. | reimbursement of expenses incurred. |
| Answer» B. voluntary services rendered at the request of the other party to the agreement. | |
| 60. |
Right in rem implies: |
| A. | A right available against the whole world |
| B. | A right available against a particular individual |
| C. | A right available against the Government |
| D. | None of the above |
| Answer» B. A right available against a particular individual | |
| 61. |
Where consideration is illegal or physically impossible, uncertain or ambiguous, it shall not be |
| A. | transferable by law. |
| B. | unenforceable by law. |
| C. | enforceable by law. |
| D. | None of the above |
| Answer» D. None of the above | |
| 62. |
When an Instrument is drawn conditionally or for a special purpose as a collateral securityand not for the purpose of transferring property therein, it is called an |
| A. | Escrow Instrument |
| B. | Inchoate Instrument |
| C. | Ambigous Instrument |
| D. | None of the above |
| Answer» B. Inchoate Instrument | |
| 63. |
Mr. A promises to Mr. B without any intention of performing it. This is a case of |
| A. | Cheating |
| B. | Fraud |
| C. | Valid case |
| D. | None of the above |
| Answer» C. Valid case | |
| 64. |
Every instrument payable otherwise than on demand is entitled to_____days of grace period |
| A. | 2 |
| B. | 3 |
| C. | 4 |
| D. | 5 |
| Answer» C. 4 | |
| 65. |
A stranger to a contract can file |
| A. | A suit |
| B. | A suit only with the permission of court |
| C. | A suit if Contract is in writing |
| D. | Cannot file a suit |
| Answer» E. | |
| 66. |
A cheque is always payable on |
| A. | the date mentioned therein. |
| B. | demand. |
| C. | 3 days after presentation. |
| D. | within 24 hrs of presentation |
| Answer» C. 3 days after presentation. | |
| 67. |
Delivery of the keys of a godown where goods are kept amounts to |
| A. | Actual delivery |
| B. | Symbolic delivery |
| C. | Constructive delivery |
| D. | All of the above |
| Answer» C. Constructive delivery | |
| 68. |
A borrows from B ₹500 to bet with C. Can B recover the amount of his loan? |
| A. | Yes, the agreement between them is collateral to a wagering agreement and hence enforceable. |
| B. | No, the agreement is opposed to public policy. |
| C. | No, the agreement is a voidable agreement and can be avoided by A. |
| D. | No, the agreement falls under section 23 and hence illegal. |
| Answer» E. | |
| 69. |
The maturity of a promissory note or bill of exchange is the date |
| A. | at which it falls due |
| B. | of its presentation |
| C. | of its acceptance |
| D. | none of the above |
| Answer» B. of its presentation | |
| 70. |
The principle of Estoppel cannot be applied against a minor since |
| A. | he has no sound mind. |
| B. | he has no privilege to cheat persons by making any representation. |
| C. | he may be induced by dishonest traders to declare in writing that he is a major at the time of entering into a contract. |
| D. | he has not attained the age of maturity. |
| Answer» E. | |
| 71. |
R entered into a contract with L to marry her on a fixed date. However, before the marriage date, R went mad. With reference to the Indian Contract Act which is the valid response? |
| A. | L can’t marry till R dies. |
| B. | The executers of R can enforce the contract against L. |
| C. | The contract becomes vo |
| Answer» D. | |
| 72. |
Mr. A obtained mobile set from Mr. B by fraud. Mr. A has a voidable title at the option of Mr. B. Before Mr. B could rescind the contract, Mr. A sold the same to Mr. C who purchased from Mr. A in good faith and without knowledge of fraud by Mr. A and paid for it. In this case. |
| A. | Mr. C has a good title to the goods |
| B. | Mr. B has a good title |
| C. | Mr. C has no right |
| D. | None of the above |
| Answer» B. Mr. B has a good title | |
| 73. |
A borrows from B 500 to bet with C. Can B recover the amount of his loan? |
| A. | Yes, the agreement between them is collateral to a wagering agreement and hence enforceable. |
| B. | Yes, the agreement is not opposed to public policy. |
| C. | No, the agreement is a voidable agreement and can be avoided by A. |
| D. | No, the a greement is wagering agreement and falls under Section 23 and hence void. |
| Answer» E. | |
| 74. |
“Threatening to commit certain acts forbidden by Indi an Penal Code” is asso ciated withwhich one of the following? |
| A. | Misrepresentation |
| B. | Fraud |
| C. | Coercion |
| D. | Unenforceable |
| Answer» D. Unenforceable | |
| 75. |
The general rule of Sale of Goods Act, is risk prima facie passes with |
| A. | Ownership |
| B. | Possession |
| C. | Delivery |
| D. | Custody |
| Answer» B. Possession | |
| 76. |
Is a pronote executed in favour of a minor good in law? |
| A. | Yes |
| B. | No |
| C. | Not in normal cases |
| D. | Depends |
| Answer» B. No | |
| 77. |
___________ days grace period is allowed for payment of a Cheque. |
| A. | 0 |
| B. | 3 |
| C. | 2 |
| D. | 7 |
| Answer» C. 2 | |
| 78. |
Which of the following statement is false in connection with the contingent contract? |
| A. | The event must be collateral. |
| B. | The event must be uncertain |
| C. | The event should not be mere will of the promisor. |
| D. | none of the above. |
| Answer» E. | |
| 79. |
Which of the statement is incorrect in connection with duties of seller and buyer? |
| A. | It is the duty of the seller to deliver the goods. |
| B. | It is the duty of the buyer to accept and pay for them. |
| C. | It is not the duty of the seller to deliver the goods. |
| D. | It is the duty of the buyer to take delivery of goods. |
| Answer» D. It is the duty of the buyer to take delivery of goods. | |
| 80. |
Acceptance takes place as against the proposer. |
| A. | when the letter of acceptance is posted by the acceptor. |
| B. | when the letter of acceptance is received by the proposer. |
| C. | when the offeree, writes the letter of acceptance, but doesn’t post it. |
| D. | All of the above |
| Answer» B. when the letter of acceptance is received by the proposer. | |
| 81. |
In Indian Law consideration must have been done at the desire of the promisor, if it is doneat the instance of a third party or without the desire of the promisor, it is: |
| A. | Consideration |
| B. | Not Consideration |
| C. | Offer |
| D. | Promise |
| Answer» C. Offer | |
| 82. |
A void agreement is one |
| A. | which is forbidden by law |
| B. | enforceable at the option of one of the parties. |
| C. | which is not enforceable by law |
| D. | enforceable by law |
| Answer» D. enforceable by law | |
| 83. |
Two persons have the capacity to contract |
| A. | if both are not of unsound mind. |
| B. | if none is disqualified from contracting by any law to which he is subject. |
| C. | if both have attained the age of majority |
| D. | All of the above |
| Answer» E. | |
| 84. |
Agreement of which the consideration is inadequate is |
| A. | Void |
| B. | Voidable |
| C. | Valid |
| D. | None of the above |
| Answer» D. None of the above | |
| 85. |
Which one of the following does not connote ‘goods’ as defined in the Sale of Goods Act? |
| A. | Money |
| B. | Animals |
| C. | Debt |
| D. | Both (A) and (C) |
| Answer» E. | |
| 86. |
Transfer of documents of title to the goods sold to the buyer, amounts to |
| A. | actual delivery |
| B. | Symbolic delivery |
| C. | constructive delivery |
| D. | None of the above |
| Answer» C. constructive delivery | |
| 87. |
There are __________________ modes of delivery. |
| A. | three |
| B. | two |
| C. | four |
| D. | five |
| Answer» B. two | |
| 88. |
Inchoate instrument is |
| A. | An instrument incomplete in some respect |
| B. | An ambiguous instrument |
| C. | A clean bill |
| D. | Drawn conditionally as collateral security |
| Answer» B. An ambiguous instrument | |
| 89. |
The validity of contract is not affected by |
| A. | Mistake of fact |
| B. | Mistake of Indian Law |
| C. | Misrepresentation |
| D. | Fraud |
| Answer» C. Misrepresentation | |
| 90. |
Lending money to a borrower, at h igh rate of interest, when the mo ney market is tig ht renders the agreement of loan: |
| A. | Void |
| B. | Valid |
| C. | Voidable |
| D. | Illegal |
| Answer» C. Voidable | |
| 91. |
Agreement by way of wager are |
| A. | valid and enforceable by law |
| B. | void |
| C. | voidable at the option of party |
| D. | illegal |
| Answer» C. voidable at the option of party | |
| 92. |
Which of the following is not competent to contract? |
| A. | a minor |
| B. | a person of unsound mind |
| C. | a person who has been disqualified from contracting by some law |
| D. | all of the above |
| Answer» E. | |
| 93. |
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 goods |
| C. | Either (a) or (b) |
| D. | Both (a) and (b) |
| Answer» D. Both (a) and (b) | |
| 94. |
In a promissory note, the amount of money payable |
| A. | must be certain. |
| B. | may be certain or uncertain. |
| C. | is usually uncertain. |
| D. | None of the above |
| Answer» B. may be certain or uncertain. | |
| 95. |
Goods means |
| A. | every kind of movable property other than actionable claims and money. |
| B. | some kinds of immovable property only. |
| C. | every kind of movable property including actionable claims and money. |
| D. | Both (A) and (B) |
| Answer» B. some kinds of immovable property only. | |
| 96. |
If the communication is made by an unauthorized person, it does not result in a/an |
| A. | Contract |
| B. | Agreement |
| C. | Offer |
| D. | Consideration |
| Answer» C. Offer | |
| 97. |
A, while filling up the insurance application form, states his age as 25 believing it to be true. His actual age was 27. The Life Insurance Corporation issued a policy in his favour charging a lower premium than what it should have charged if the actual age had been given. This is a case of |
| A. | Fraud |
| B. | Misrepresentation |
| C. | Undue influence |
| D. | Mistake of fact |
| Answer» C. Undue influence | |
| 98. |
Each party to a contract is bound to perform his part of the obligation. After the parties have made due performance, the contract comes to an end. In such a case the contract is said to be discharged |
| A. | by breach of contract. |
| B. | by impossibility of performance. |
| C. | by agreement and novation. |
| D. | by performance of contract. |
| Answer» E. | |
| 99. |
The Sale of Goods Act, 1930 governs the transfer of property in |
| A. | movable property |
| B. | immovable property |
| C. | both movable and immovable property \ |
| D. | all types of properties |
| Answer» B. immovable property | |
| 100. |
A, dealing in baby foods, sends samples by train for being exhibited at a Consumer Product’s Show which fact was made known to the railway company. The goods reached the destination after the show was over. A sued the railway company for damages. A will be entitled to |
| A. | ordinary damages |
| B. | no damages |
| C. | exemplary damages |
| D. | special damages |
| Answer» E. | |