Business Law solved MCQs
1 of 2
1. An agreement enforceable by law is
2. Every promise and every set of promises, forming the consideration for each other is an
3. In a contract of indemnity the right of the indemnifier is similar to that of the:
4. In a contract of indemnity, minimum no of parties are
5. The sale of goods act is of:
6. Seller is a person who
7. Document of title includes
8. A person coming forward to accept after it has been dishonoured is called:
9. Protest for better security is done for publicity stunt.
10. When an instrument is lost, it is presumed that it was duly stamped
11. Which one of the following element is notnecessary for a contract ?
12. An agreement becomes a contract if :
13. In a standardized contract :
14. The correct sequence in the formation of a contract is :
15. 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 :
16. A petient in a lunatic Asylum who is at intervals of sound mind :
17. Which is not the correct statement ?
18. What is the purpose behind the enactment of Sale of Goods Act, 1930?
19. Section 2(1) of Sale of Goods Act defines ‘buyer’ as:
20. Before the enactment of Sale of Goods Act, the provisions regarding Sale of
21. Which of the following cannot be said to be included in the term “goods” defined under section 2(7) of the Sale of Goods
22. The voluntary transfer of possession from one person to another is called
23. Which of the following is not the right of an unpaid seller under Sale of Goods Act, 1930:
24. Future goods means goods to be manufactured or produced or acquired by the seller
25. Bearer cheques are also known as------ cheques.
Topic wise solved MCQ's
Solved MCQ's for Related Topics
Check your understanding of
Business Law
Quick test Business Law [set-1] solved mcqs PDF download
Downloading Business Law [set-1]
Start Download 
Download PDFs from app without Waiting
