1) Consider the following statements :
A) Every promise is an agreement.
B) Every agreement is a contract.
C) A contractor which cease to be enforceable by law becomes void .
D) A minor who is supplied necessaries is personally liable to pay for them.
Which of the statements given above are correct?
A) A and C only.
B) A and B only.
C) A, B and C .
D) B, C and D .
Answer :A
2) Consider the following statements :
1. If an infant obtains property or goods by misrepresenting his age, he can be compelled to restore it even though the infant has sold the Goods or converted them.
2. There is no estoppel against minor.
Which of the statement given above are correct?
A) 1 only .
B) 2 only .
C) Both 1 and 2.
D) Neither 1 nor 2.
Answer : B
3) A petient in a lunatic Asylum who is at intervals of sound mind :
A) May not contract.
B) May contract.
C) May contact during those intervals when he is of sound mind.
D) May contract only after he becomes completely of sound mind .
Answer : C
4) A sells, by auction to B a horse which A knows to be unsound. A says nothing to B about the horse unsoundness. A does :
A) Fraud
B) Misrepresentation
C) No fraud
D) Undue Influence
Answer : C
5) Where both parties are under mistake as to matter of fact, the agreement will be :
A) Enforceable
B) Voidable
C) Not void
D) Void
Answer : C
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