WorksheetsBusiness Law
Total questions: 15
Worksheet time: 8mins
Which of the following is not an element of fraud?
False representation
Material facts
Parties in fiduciary relation
Silence is not fraud
"Ubberimae fidei" means .........
Utmost good faith
Direct dealing
False representation
Bad faith and unfair dealing
Say whether the following statement is "True" or "False"
Void contracts can be enforced by law.
True
False
Anand decided to withdraw the case against Prasanth, which was filed years before, for stealing the important documents.
Agreement for stifling criminal prosecution
Agreement interfering with the course of justice
Agreement to commit a crime
Agreement in restraint of personal liberty
The term ________ may be defined as an intentional, deliberate or wilful misstatement of facts which are material for the performance of contract.
Misrepresentation
Mistake
Fraud
Coercion
Which of the following is a type of undue influence?
Contract with pardanashin woman
Contract of marriage
Contract of insurance
Contract of sale of immovable property
From the following statements which is not related to misrepresentation.
No intention to deceive the other party
The aggrieved party as the the means of discovering the truth with original prudence
It is an innocent wrong
It is not an offence
Void-ab-initio means ________
To enter into an contract which is illegal
To enter into contract which is injurious to welfare of society
To have common understanding by both the parties
To be treated as invalid from the outset
The principle of law which holds that no citizen can lawfully do anything which is injurious to public or the state.
Public policy
Undue influence
Fiduciary
Void agreement
Business women Meenakshi threatens the ABC.Ltd company to enter into contract with her company. Hence, it is
Undue influence
Coercion
Void
Illegal agreement
Balu had a mobile shop, he is a good and fair dealer but unknowingly he sold a broken phone to Velu..Later, Balu discovered that it was broken phone and he thought that he was cheated by Balu.
Fraud
Misrepresentation
Unilateral mistake
Bilateral mistake
When the subject matter of the agreement relates to an illegal purpose which violates the law
Void Contract
Illegal Contract
Contract with mentally weak person
Valid Contract
The term 'free consent' means
to agree by third party who is not in Contact
approval of the superior party in the contract
two parties agree upon the same thing in the same sense to enter into contract
approval of the inferior party in the contract
Suresh bribes the RTO officer to get license for his son who is a minor. Hence,it is
agreement to commit a crime
agreement to vary the period of limitation
agreement to defraud creditors or revenue authorities
agreement tending to create interest opposed to duty
Under coercion,the consent is under the
Moral influence
Mental pressure
Contract
Threat of an offence
