business regulation

X agrees to sing a song at Y' theatre.Who is liable to sing?

• X

• Nominee of X

• Agent of X

• Legal representative of X

The year in which Indian contract act originally published ............

• 1872

• 1972

• 1873

Two major elements which defines a contract .......

• Offer and acceptance

• Agreement and enforceable by law

• Consideration and offer

Pick which contract is void ab initio from the below

• Illegal Contract

• Voidable contract

• Valid contract

when a contract is made expressed ,it includes

• written agreement

• spoken agreement

• both

• either written or spoken

What is consensus ad idem?

• identity of subject

• price

• identity of minds

• agreement

Which of the following is not an essential element of a valid contract?

• Offer and acceptance

• Free consent and consideration

• Lawful object

• Performance

Indian Contract Act is applicable in

• Whole of India

• Jammu and Kashmir

• In union territories

• Whole of India except Jammu and Kashmir

What are business regulations?

• Guidelines for personal conduct

• Laws or rules prescribed by authority governing business organizations

• Suggestions for improving sales

• Recommendations for employee behavior

What is the role of government in business regulations?

• To promote unethical practices

• To ensure businesses are conducted ethically

• To provide free services to all businesses

• To eliminate all competition