LAW MCQ TEST

Section 68 to ____ the Indian Contract Act describes the cases which are deemed____ contracts.

• 72, Quasi

• 73, Contingent

• 74, Invalid

• 75, Void

Barun went into a restaurant and took a cup of tea. In this case, there is-

• No contract by Barun to pay for the cup of tea

• An implied contract that he will pay for the cup of the tea

• An express contract to pay for the cup of the tea

• A quasi contract to pay for the cup of tea

The loss of destruction of goods falls on___ in case of sale, and on___ in case of agreement to sell.

• seller, buyer

• auctioner, agent

• None of Them

• Buyer, seller

Who may negotiate ?

• Any of the Joint Makers

• Drawer

• Payee

• Drawer/ Payee/Any of Joint Makers

In the absence of any agreement, the partners are entitled to share the profits-

• Equally

• In the capital ratio

• As Decided by registrar

• in the ratio of loan advanced

A partner can ____ _____ an existing firm only with the consent of all the partners as per sections 32 of Partnership Act, 1932.

• enter, into

• retire, from

• join, from

• Insolvent, From

For Application for reservation of name two prerequisites are-

• DIN, PAN

• PAN, DSC

• DIN,DSC

• PAN,TAN

No adult worker shall be required or allowed to work in factory for more than ______ in any day, without specific approval from The Inspector of Factories

• 12 hours

• 8 Hours

• 9 Hours

• 9hours and 30 minutes of break

Where an employer intends to close down the business he shall submit a notice in _____ to the controlling authority of the area at least ___before the intended closure.

• FORM- C, 30

• FORM -C , 90

• FORM - C, 60

• FORM - C ,120

Employees Provident Fund and Miscellaneous Provisions Act is now applicable to employees drawing pay not exceeding _____Rs. per month.

• 21000

• 12500

• 15000

• 10000