Business law

Business law

University

5 Qs

quiz-placeholder

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Business law

Business law

Assessment

Quiz

Business

University

Hard

Created by

Amit Goyal

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  1. 1. An agreement enforceable by law is a


(a) Promise

(b) Contract

(c) Obligation

(d) Lawful promise

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

2. When the consent of a party is not free, the contract is-


(a) Void

(b) Voidable 

(c) Valid

(d) Illegal

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  1. 3. A void agreement is one which is - 


(a) Valid but not enforceable

(b) Enforceable at the option of both the parties

(c) Enforceable at the option of one party

(d) Not enforceable in a court of law.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  1. 4. An offer may lapse by-


(a) Revocation

(b) Counter Offer

(c) Rejection of offer by offeree

(d) All of these

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  1. 5. A notice in the newspaper inviting tenders is-


(a) a proposal

(b) An invitation to proposal 

(c) A promise

(d) An invitation for negotiation