1. “Where under a contract of sale the
property in the goods is transferred from the seller to the buyer, the contract
is called a sale, but where the transfer of the property in the goods is to
take place at a future time or subject to some condition
thereafter to be fulfilled, the contract is called an agreement to sell.”
Read above statement and find correct
answer, using codes given below:
Codes:
(A) Contract of sale is conditional.
(B) Contract of agreement to sell is
conditional.
(C) There is no difference between sale
and agreement to sell, as both are contracts.
(D) Sale
is a contract; agreement to sell is not a contract.
2. Essential feature of a partnership is
(i) Agreement
(ii) Object to carry on a business
(iii) To share profits
(iv) Business is to be carried by all or
any of them acting for all.
Codes:
(A) Only (i) is correct.
(B) Only (i) and (ii) are correct.
(C) Only (i), (ii) and (iii) are correct.
(D) All of above are correct
3.
Democracy and Federalism are essential features of our Constitution and basic
feature of its structure. This observation was made in S.R. Bommai vs. Union of
India by the Judge.
(A)
Justice P.B. Sawant
(B)
Justice S.R. Pandyan
(C)
Justice J.S. Verma
(D)
Justice A.M. Ahmadi
4. Find the correct legal statement from
following statements:
(A) Every partner is liable, severally
with all the other partners and jointly for all acts of the firm done while he
is a partner.
(B) Every partner is liable, jointly with
all the other partners and severally for all acts of the firm done while he is
a partner.
(C) Every partner is liable only foracts
done by him as acts of thefirm done while he is a partner.
(D) Sleeping partner is not liable for
acts done by him as acts of the firm done while he is a partner.
5. Read Assertion (A) and Reason (R) and
with help of codes given below, point out the correct explanation.
Assertion (A): It is the duty of the
banker to be acquainted with the customer’s handwriting.
Reason (R): A banker must be hand writing
expert.
Codes:
(A) Both (A) and (R) are true and (R) is
correct explanation of (A).
(B) Both (A) and (R) are true, but (R) is
not correct explanation of (A).
(C) (A) is true, but (R) is false.
(D) (A) is false, but (R) is true.
6. When a negotiable instrument is
dishonored, the party liable to pay, becomes bound to pay compensation to
(A) The bank
(B) The endorser
(C) Holder or endorsee
(D) The Court
7.
According to A.V. Dicey in India
the ‘Rule of Law’ is embodied in
(A)
Article 12 of the Constitution of India
(B)
Article 13 of the Constitution of India
(C)
Article 14 of the Constitution of India
(D)
Article 21 of the Constitution of India
8.
Match the following:
List – I
|
List – II
|
a.
Enacted law
|
1.
Legislation
|
b.
Case law
|
2.
Agreement
|
c.
Customary law
|
3.
Precedent
|
d.
Conventional law
|
4.
Custom
|
Codes:
a b c d
(A) 1 2 4 3
(B) 1 2 3 4
(C) 1 3 4 2
(D) 3 1 4 2
9.
State the legal status of Hindu Joint family.
(A)
Hindu Joint family is a legal person.
(B)
Hindu Joint family is a natural person.
(C)
Hindu Joint family is both a legal and natural person.
(D)
None of the above.
10. Find correct legal principle from
following statements:
(A) A company may do an act which is
necessary for or incidental to the attainment of its objects or which is
otherwise not authorized by the Act.
(B) A company may not do an act which is
necessary for or incidental to the attainment of its objects which is otherwise
not authorized by the Act.
(C) A company may do an act which is unnecessary for or not incidental to attainment of its goals or which is otherwise barred by the Act.
(D) A company may do an act which is necessary for or incidental to the attainment ofits objects or which is otherwise authorized by the Act.
(D) A company may do an act which is necessary for or incidental to the attainment ofits objects or which is otherwise authorized by the Act.
0 Comments
Post a Comment