1. An agreement which is impossible to perform is…
(A) Valid (B) Void abinitio (C) Voidable (D) None of these
2. What do you mean by ‘Quantum Merit’ ?
(A) Breach of contract (B) As much as earned
(C) Damages (D) Restitution
3. A finder of Lost Good is a….
(A) Bailee (B) Bailor (C) True Owner (D) Thief
4. Consumer Protection Act does not apply to…
(A) LIC (B) Public Sector Bank
(C) Manufacturer (D) Govt. Hospital
5. Environment Protection Act was passed in the year…
(A) 1985 (B) 1984 (C) 1986 (D) 1987
6. The Sale of Goods Act 1930, contains…
(A) 66 Sections (B) 68 Sections (C) 70 Sections (D) None of these
7. The Voluntary transfer of Possession from one person to another is called….
(A) Transfer (B) Change of Possession
(C) Delivery (D) None of these
8. An obligation arises from…
(A) A contract (B) From a wrongful act
(C) Both (A) and (B) (D) None of these
9. NEFT was launched by R.B.I. in…
(A) Nov. 2005 (B) Nov. 2006 (C) Nov. 2004 (D) Nov. 2007
10. The Market Value of share is responsible for…
(A) The Govt. (B) The respective companies
(C) Stock exchange (D) The investment market
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