M.Com Entrance Business Law Scanner – CUET

CUCET M.Com Entrance 2019

  1. In a contract for sale of goods buyer may have an action. In respect of physical injuries caused by defect in the goods.
    (a) Against the manufacturer
    (b) Against the dealer as also the manufacturer
    (c) Against the dealer
    (d) Against the customer
  2. Where the transfer of the property in the goods is to place at a future time. The contract is called____.
    (a) Sale
    (b) An agreement to sell
    (c) Provisional sale
    (d) Zero based budgeting

CUCET M.Com Entrance 2020

  1. Consideration, an essential element in the formation of a valid contract, may be identified as.
    (a) The need for transparency in the contract
    (b) The intention of the parties to be legally bound
    (c) A balance in the terms of the agreement
    (d) The ‘bargain’ element of a contract
  2. Where the obligation in a contract is outstanding on the part of both parties, it is called
    (a) Void contract
    (b) Illegal agreement
    (c) Unilateral contract
    (d) Bilateral contract
  3. Which of the following are essential features of a valid simple contract?
    (a) Other and acceptance only
    (b) Offer, acceptance and consideration only
    (c) Offer, acceptance, privity, certainly and duress only
    (d) Offer, acceptance, consideration, intention to create legal relations and certainty of terms
  4. Which one of the following statements is incorrect?
    (a) An agent can only negotiate contracts on behalf of his principal if his appointment was created via a contract
    (b) If an agent is appointed to execute a deed on behalf of the principal, then the agent will usually
    (c) Generally, the law does not impose any formalities upon those who wish to create an agency relationship
    (d) If an agent is engaged to create an interest in land, he must be authorised to do so in writing

CUCET M.Com Entrance 2021

 

CUCET M.Com Entrance – 2022

  1. The scale of Goods Act, was enacted on :
    (a) 15 th February, 1930
    (b) 15 th March, 1930
    (c) 15 th April, 1930
    (d) 15 th January, 1930
  2. Which of the following persons are not competent to contact?
    (a) Persons of unsound mind
    (b) Person disqualified by law
    (c) Minors
    (d) All of these
  3. When the consent of a party is obtained by coercion, undue influence, fraud or misrepresentation, the contract is :
    (a) Valid
    (b) Voidable
    (c) Void
    (d) Illegal