6. Which of the following legal statements is wrong? (a) An agreement enforceable by law is a contract [§2] 18. In trade and trade agreements, the intention of the parties to establish a legal relationship (a) exists (b) explicitly expressed in writing (c) irrelevant or all (d) not applicable. 30. If an agreement suffers from uncertainties. It`s…….. (a) Countervailable (b) Invalid (c) Unenforceable (d) Illegal. 1.An agreement consists of mutual commitments between at least the 3rd contract is defined as a legally applicable agreement, empty section. of the Indian Contract Act. In what type of agreement is the intention to create legal relations presumed? 28. “Consensus – ad – idem” means ……. (a) General consensus (b) Meeting opinions on the same thing along the same lines (c) Reaching an agreement (d) entering into business agreements sometimes use “honour clauses”.
What does an honor clause in an agreement mean? 11. Any agreement and promise applicable by law is ………… (a) Offer Where a meaningless term is used in an agreement, is the effect? 31. All illegal agreements are …….. (a) cancellation ( b) Valid (c) contingency (d) Enforceable The adequacy of the consideration provided for by an agreement in the creation of an enforceable contract is as follows: when an agreement is concluded in a social or domestic context, what is the general rule with regard to the intention to create legal relationships? 37. An agreement legally applicable to the choice of a party (a) Valid Contract (b) Invalid Contract (c) Questionable Contract (d) Illegal Contract 4. In the case of purely national agreements, the intention of the parties to establish a legal relationship is 17. Which of the following has the right order. (a) Offer, Acceptance, Consideration, Offer. (b) offer, acceptance, consideration, contract (c) contract, acceptance, consideration, offer. (d) Offer, Consideration, Acceptance, Contract. Free MCQ for Business Law CA Foundation November 2020 exams 20.
An offer is revoked (a) By the death or madness of the applicant (b) by time (c) By notification of the declaration of withdrawal (d) All these 23. The no-quid pro quo deal is valid when Fred finds George`s lost dog. George is so happy that he promises to give Fred £350. George did not give Fred the promised 350 pounds. Can Fred keep his promise? 22. Consideration in a Contract: (a) May be past, present or future (b) Cannot be present or future (c) Can only exist (d) (d) Only the future can be. 32. A promise to give money or money in the event of a finding or finding of an uncertain event is called ………… (a) Revenue Agreement (b) Illegal Agreement (c) Illegal Agreement (d) Questionable Agreement This comment has been removed by a blog administrator. 36. How the Agency is created: (a) By direct appointment (b) Implicitly (c) Necessarily (d) All 19 above.
The offer implied by the conduct of the parties or the circumstances of the case is called …….. (a) Implied offer (b) Express offer (c) General offer (d) Specific offer 7. Agreement whose meaning is uncertain is (a) Invalid (a) B accepts the offer received b) A receives acceptance from B (c) B has published the letter of acceptance (d) Reasonable time 40. Both types of offences are (a) an actual violation and a violation considered an offense,b) an actual conditional injury and injury (c) an effective injury and anticipation injury (d) an actual injury and a reparation injury 24. If only part of the consideration or object is illegal, the contract (a) is valid to the extent that it is legal (b) invalid to the extent that it is illegal (c) Valid in its entirety (d) Invalid as a whole. . . .