UGC NET COMMERCE
LEGAL ASPECTS OF BUSINES
IMPORTANT MCQs
on
INDIAN CONTRACT ACT, 1872
LIVE SESSION AT 7 PM BY SUMANT S
www.everstudy.co.in
, OUR COURSES FOR UGC NET COMMERCE
FREE COURSES
PREVIOUS YEAR FREE COMPUTE
UNIT SNAPSHOT /
QUESTION PAPERS BASED ONLINE
GLOSSARY COURSE
WITH ANSWERS MOCK TEST
PREMIUM COURSES
COMPUTER BASED UNITWISE PREVIOUS VIDEO COURSE ON
ONLINE TEST SERIES YEAR PAPERS SOLVED TOPICS IN SYLLA
WITH EXPLANATION 2019
Rs. 1299 Rs. 1099 Rs. 549 Rs. 449 Rs. 2499 Rs.
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, Question 1
A invites B for dinner in a restaurant. B accepts the
invitation. On the appointed day, B goes to the
restaurant. To his utter surprise A is not there. In this case
which of the following is true?
1. B can sue A for breach of contract
2. B shall have no remedy against A
3. B can terminate all of his commercial contract with A
on this ground
4. None of the above is true
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, EXPLANATION
• The agreement must be such which is
enforceable by law so as to become a
contract.
• There are certain agreements which do
not become contracts as this element of
enforceability by law is absent.
• Thus, all agreements are not contracts; CONTRACT = AGREEMENT + LEGAL OBL
but all contracts are agreements.
www.everstudy.co.in
LEGAL ASPECTS OF BUSINES
IMPORTANT MCQs
on
INDIAN CONTRACT ACT, 1872
LIVE SESSION AT 7 PM BY SUMANT S
www.everstudy.co.in
, OUR COURSES FOR UGC NET COMMERCE
FREE COURSES
PREVIOUS YEAR FREE COMPUTE
UNIT SNAPSHOT /
QUESTION PAPERS BASED ONLINE
GLOSSARY COURSE
WITH ANSWERS MOCK TEST
PREMIUM COURSES
COMPUTER BASED UNITWISE PREVIOUS VIDEO COURSE ON
ONLINE TEST SERIES YEAR PAPERS SOLVED TOPICS IN SYLLA
WITH EXPLANATION 2019
Rs. 1299 Rs. 1099 Rs. 549 Rs. 449 Rs. 2499 Rs.
www.everstudy.co.in
, Question 1
A invites B for dinner in a restaurant. B accepts the
invitation. On the appointed day, B goes to the
restaurant. To his utter surprise A is not there. In this case
which of the following is true?
1. B can sue A for breach of contract
2. B shall have no remedy against A
3. B can terminate all of his commercial contract with A
on this ground
4. None of the above is true
www.everstudy.co.in
, EXPLANATION
• The agreement must be such which is
enforceable by law so as to become a
contract.
• There are certain agreements which do
not become contracts as this element of
enforceability by law is absent.
• Thus, all agreements are not contracts; CONTRACT = AGREEMENT + LEGAL OBL
but all contracts are agreements.
www.everstudy.co.in
