CA Foundation Business Law MCQ

1. In case of breach of contract, which of the following remedy is available to the aggrieved party?

2. The threat to commit suicide amounts to

3. Ordinarily, a minor’s agreement is

4. Which of the following person can perform the contract?

5. A wrong representation when made without any intention to deceive the other party amounts to

6. An agreement is void if it is opposed to public policy. Which of the following is not covered by heads of public policy.

7. In case of illegal agreement the collateral agreements are:

8. When the consent of a party is obtained by fraud, the contract is;

9. A contract is discharged by novation which means the

10. Consent is not said to be free when it is caused by

11. Sometimes, a party is entitled to claim compensation in proportion to the work done by him. It is possible by a suit for

12. An agreement the object or consideration of which is unlawful, is

13. In case of illegal agreements, the collateral agreements are:

14. Which of the following statement is false?
Consideration:

15. A proposal when accepted becomes a

16. Consideration in simple term means:

17. An agreement enforceable by law is a

18. Generally, the following damages are not recoverable?

19. Which of the following statement is true?

20. An agreement which is enforceable by law at the option of one or more of the parties thereon but not at the option of the other or others is a

21. An offer may lapse by-

22. A void agreement is one which is –

23. In case of anticipatory breach, the aggrieved party may treat the contract

24. When prior to the due date of performance, the promissory absolutely refuses to perform the contract, it is known as

25. Moral pressure is involved in the case of

26. Consideration must move at the desire of

27. Consideration may be

28. On the valid performance of the contractual obligations by the parties, the contract

29. Which of the following is not an exception to the rule – No consideration, No Contract

30. When the consent of a party is not free, the contract is

31. A contract is discharged by rescission which means the