B.

Com Honours III

Business Law
Answer the following multiple choice questions:
1. The contract which is breach can be?
A) Anticipatory
B) Void
C) Actual
D) B and C
E) None of these
2. The contract of sale made by?
a) May be implied from the conduct of the parties
b) In writing
c) By word of mouth
d) All of the above
e) None of these
3. The person who is representator of agent is…..
a) Principle
b) Middle man
c) Principal
d) Owner
e) None of these
4.The goods which are contingent is part of……
a) Unascertained
b) Ascertained
c) Future
d) Existing
e) Previous
5.In sale contract , the parties make statement which is known as…..
a) Promises
b) Stipulations
c) Agreement
d) Contract
e) None of these
6.The condition for quality or fitness is ?
a) Implied warranty
b) Implied condition
c) Express warranty
d) Express condition
e)All of the above
7.The condition for Merchantable quality is?
a) Implied warranty
b) Express condition
c) Express warranty
d) Implied condition
e) None of these
8. The warranty of quiet possession is?
a) Express warranty
b) Express condition
c) Implied condition
d) Implied warranty
e)All of the above
9.How many parties are there to a Promissory note?
(1) Two parties
(2) One party
(3) Four party
(4) Three parties
5)None of these
10.A minor can be an _____________?

1) Surety
2) Agent
3) Partner
4) All of these
5)None of these