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Contract, Specific Relief, Property & NI Act

111 questions from 16 papers

Practice Contract, Specific Relief, Property & NI Act →
AIBE XIII Q.73 Walkthrough

The doctrine of ‘Lis pendens’ was explained in the leading case of:

a. Bellamy v. Sabine
b. Cooper v. Cooper
c. Streatifised v. Streafield
d. Tulk v. Moxbay
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AIBE XIII Q.83 Walkthrough

The parties which cannot be compelled to perform specific performance of contract are provided in which Section of Specific Relief Act:

a. 27
b. 28
c. 29
d. 30
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AIBE XIII Q.84 Walkthrough

What kind of property is transferable?

a. Pension
b. Public office
c. Right to re-entry
d. Any kind of property if not prohibited by law.
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AIBE XIII Q.93 Walkthrough

Specific relief .............. where the agreement is made with minor (fill in the blank):

a. Can get
b. Cannot be given
c. Can release
d. Implemented with law
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AIBE XIII Q.95 Walkthrough

Section 39 of Specific Relief Act deals with:

a. Registration of Instrument
b. Cancellation of Instruments
c. Correctness of Instruments
d. None of the above
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AIBE XIV Q.24 Walkthrough

Which of the following is not a vested interest:

a. ‘A ’ stipulates that title in a property shall pass to ‘C’ on his death.
b. ‘A’ stipulates that title in a property shall pass to ‘C’ on the death of ‘B’.
c. ‘A ’ stipulates that title in a property shall pass to ‘C’ if he marries ‘B’.
d. ‘A’ stipulates that title in a property shall pass to ‘C’ after ten years.
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AIBE XIV Q.54 Walkthrough

Section 16 of Negotiable Instrument Act defines-

a. Restrictive endorsement
b. Conditional endorsement
c. Indorsement” in full” and Indorsement” in blank”
d. All of the above
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AIBE XIV Q.99 Walkthrough

Assertion (A): Collateral transactions to wagering are valid. Reason (R): Only wagering agreements are declared void under section 30 of the Indian Contract Act. Codes:

a. : Collateral transactions to wagering are valid. Reason (R): Only wagering agreements are declared void under section 30 of the Indian Contract Act. Codes: (a) (A) is true, but (R) is false.
b. (A) is false, but (R) is true.
c. Both (A) and (R) are true, but (R) is not correct explanation of (A)
d. Both (A) and (R) are true, and (R) is correct explanation of (A)
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AIBE XIV Q.100 Walkthrough

Term ‘holder’ include

a. The payee
b. The bearer
c. The endorsed
d. All of the above
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AIBE XV Q.22 Walkthrough

Under Section 70 of the Indian Contract Act, where a person lawfully does anything for another person, or delivers anything to him, not intending to do so gratuitously, and such other person enjoys the benefit thereof, the latter is bound to make compensation to the former in respect of, or to restore, the thing so done or delivered. This principle is known as:

a. A Contract of Uberrimae fide
b. Implied Agency
c. Quantum meruit
d. De nova contract
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AIBE XV Q.23 Walkthrough

Agreement is:

a. a promise or set of promises forming consideration to each other
b. enforceable by law
c. enforceable contract
d. Un enforceable by law
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AIBE XV Q.51 Walkthrough

Delivery of goods by one person to another for some purpose upon a contract that they shall, when the purpose is accomplished, be returned or disposed of according to the directions of the person delivering them. This process is termed as:

a. Agency
b. Bailment
c. Guarantee
d. Contingency
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AIBE XV Q.52 Walkthrough

Section 14A inserted by THE SPECIFIC RELIEF (AMENDMENT) ACT, 2018, relates to:

a. Power of the Courts to engage experts
b. Establishment of Special Court
c. Expeditious disposal of case
d. Specific performance with regard to contracts
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AIBE XV Q.79 Walkthrough

Indemnity contract is defined under:

a. Section 124 of the Indian Contract Act
b. Section 67 of the Indian Contract Act
c. Section 127 of the Indian Contract Act
d. Section 128 of the Indian Contract Act
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AIBE XV Q.86 Walkthrough

The definition of Contract is defined under:

a. Section 2(a) of the Indian Contract Act
b. Section 2(h) of the Indian Contract Act
c. Section 2(d) of the Indian Contract Act
d. of the Indian Contract Act (d) Section 2(g) of the Indian Contract Act
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AIBE XVI Q.22 Walkthrough

What is the Period of Limitation for expeditious disposal of Suit under Specific Relief Act, 1963:

a. 6 months
b. 10 months
c. 12 months
d. 18 months
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AIBE XVI Q.26 Walkthrough

Law laid down under section 73 of Indian Contract Act,. 1872 is related to which of the following cases:

a. Hothester v. De-la-tur
b. Rabinson v. Devison
c. Hedley v. Baxendale
d. Dikinson v. Dads
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AIBE XVI Q.27 Walkthrough

Recovery of Specific Immovable Property may be obtained by C.P.C within what period-

a. Within 7 months
b. Within 6 months
c. Within 8 months
d. Within 10 months
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AIBE XVI Q.68 Walkthrough

Promissory estoppel against Government agencies is decided in:

a. Tweedle v. Atkinson
b. Dutton v. Poole
c. Pournami all Mills v. State of Kerala
d. Kedar Nath v. Gauri Mohamad
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AIBE XVI Q.69 Walkthrough

Frustration of contract is provided by which section of the Indian Contract Act?

a. Section 73
b. Section 70
c. Section 2(d)
d. Section 56
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AIBE XVI Q.89 Walkthrough

Specific Relief Act, 1963 contains-

a. 6 chapters and 40 Sections
b. 7 chapters and 42 Sections
c. 8 chapters and 43 Sections
d. 8 chapters and 44 Sections
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AIBE XVII Q.89 Walkthrough

B, the proprietor of a newspaper, publishes at A’s request, a libel upon C in the paper, and A agrees to indemnify B against the consequences of the publication, and all costs and damages of any action in respect thereof. B is sued by C and has to pay damages, and also incurs expenses. Decide in the light of the Section 224 of the Indian Contract Act, 1872.

a. A is not liable to B upon indemnity,
b. A is liable to B upon indemnity.
c. A is not liable to C upon indemnity.
d. None of these
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AIBE XVII Q.90 Walkthrough

A person whom the agent names to act for the principal in the business of agency, under the express or implied authority to name, is called _____

a. Sub-agent
b. Substituted Agent
c. Agent
d. Procured Agent
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AIBE XVII Q.93 Walkthrough

Where the mortgagor delivers possession of the mortgaged property to the mortgagee, and authorises him to retain such possession until payment of the mortgage-money, and to receive the rents and profits accruing from the property in lieu of interest, or in payment of the mortgage- money, the transaction is called an______ mortgage.

a. Conditional
b. English
c. Simple
d. Usufructuary
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AIBE XVII Q.94 Walkthrough

In which of the following cases it was decided that a contract with minor is void?

a. Carlill v. Carbolic Smokes Ball Co.
b. Chinnaih ‘0, Ramaiah
c. Mohori Bibee v, Dharmodas Ghose
d. Harvey v. Facey
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AIBE XVII Q.96 Walkthrough

Which of the following is not a Negotiable Instrument as defined under The Negotiable Instrument Act, 1881 ?

a. Promissory Note
b. Bill of Exchange
c. Cheque
d. Billing Receipt
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AIBE XVIII Q.13 Walkthrough

Which of the following is not a fraud as per the Indian Contract Act, 1872?

a. A promise made without intention of performing it
b. An active concealment of fact by one having knowledge of the fact
c. Mere silence if not duty bound to speak
d. Any act or omission law specifically declares to be fraudulent
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AIBE XVIII Q.14 Walkthrough

Which of the following statement is correct if A, intending to deceive B, falsely represents that five hundred maunds of indigo are made annually at A's factory, and thereby induces B to buy the factory?

a. Contract is void ab initio
b. Contract is voidable at the option of A
c. Contract is voidable at the option of B
d. Contract is voidable at the option of A & B
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AIBE XVIII Q.15 Walkthrough

Which of the following injunction can be granted only by the decree made at hearing and upon the merit of the suit?

a. Temporary injunction
b. Perpetual injunction
c. Mandatory injunction
d. Prohibitory injunction
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AIBE XVIII Q.16 Walkthrough

A stipulation in a bond for payment of compound interest on failure to pay simple interest at the same rate as was payable upon the principal is not a penalty within the meaning of which provision of the Indian Contract Act, 1872?

a. Section 73
b. Section 74
c. Section 75
d. Section 76
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AIBE XVIII Q.17 Walkthrough

What is the default interest payable under Section 63A of the Transfer of Property Act, 1882?

a. 6% per annum
b. 8% per annum
c. 9% per annum
d. No default rate prescribed
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AIBE XVIII Q.18 Walkthrough

Which of the following is the time limit given under Section 17 of the Transfer of Property Act, 1882?

a. Life of the transferee
b. A period of 18 years from the date of transfer
c. Either (A) or (B) whichever is longer
d. Neither (A) nor (B)
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AIBE XVIII Q.19 Walkthrough

Which of the following is not a negotiable instrument as per the Negotiable Instruments Act, 1881?

a. Promissory note
b. Hundi
c. Bill of exchange
d. Cheque
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AIBE XVIII Q.20 Walkthrough

In the light of Negotiable Instruments Act, 1881, at what rate, interest will be charged if the rate of interest is not mentioned on the negotiable instruments?

a. 6% per annum
b. 10% per annum
c. 18% per annum
d. 20% per annum
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AIBE XIX Q.89 Walkthrough

An agreement not enforceable by law is called ______.

a. Section 2(d)
b. Section 2(e)
c. Section 2(f)
d. Section 2(g)
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AIBE XIX Q.90 Walkthrough

The concept of invalid guarantee is covered under Sections ______.

a. 142–146
b. 142–144
c. 143–147
d. 140–143
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AIBE XIX Q.91 Walkthrough

"A", a real estate developer, entered into a contract with "B", the owner of a piece of land, for purchase. After receiving advance, "B" refused to execute the sale deed claiming a better offer. "A" demands enforcement under the Specific Relief Act, 1963. Where should "A" file suit?

a. Criminal court under BNSS
b. Special court under Specific Relief Act, 1963
c. Civil court under CPC, 1908
d. No suit can be brought as there is no breach
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AIBE XIX Q.92 Walkthrough

"A" transfers a piece of land to "B" on the condition that "B" shall not transfer the land to anyone else for the next 10 years. In this case, "B" has no right to transfer the land for 10 years.

a. It amounts to Conditional Transfer of Property
b. It amounts to Conditional Limitations on Transfer of Property
c. It amounts to Subsequent Transfer of Property
d. It amounts to conditions precedent in the Transfer of Property
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AIBE XIX Q.93 Walkthrough

Mr. Rajesh issued a cheque of 50,000 to his supplier, Mr. Sharma, for goods purchased. The cheque was returned with the remark "Insufficient Funds." Select the correct option regarding the complaint filing period.

a. Complaint within three months
b. Complaint within one month
c. Complaint within five months
d. Complaint within two months
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AIBE XIX Q.94 Walkthrough

Section 31 of the Specific Relief Act, 1963 is related to:

a. Rescission of contracts
b. Cancellation of instruments
c. Declaratory decrees
d. Perpetual injunction
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AIBE XIX Q.95 Walkthrough

How may the recovery of specific immovable property be enforced?

a. Through the Specific Relief Act, 1963
b. Through the Transfer of Property Act, 1882
c. Through the Code of Criminal Procedure, 1973
d. Through the Code of Civil Procedure, 1908
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AIBE XIX Q.96 Walkthrough

Which section of Law of Contract defines, "A proposal may be revoked at any time before the communication of its acceptance is complete as against the proposer, but not afterwards"?

a. Section 5
b. Section 4
c. Section 6
d. Section 7
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AIBE IV Q.19 Walkthrough

Which of the following is correct with regard to a standard form of contract?

a. It is valid contract
b. The party has no choice but to accept and sign the contract
c. Both (A) and (B)
d. The consent is not a free consent
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AIBE IV Q.20 Walkthrough

As a general rule, an agreement made without consideration is

a. V oid
b. V oidable
c. Valid
d. Unlawful
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AIBE IV Q.21 Walkthrough

A contingent agreement based on an impossible event under section 36 of the Contract Act, 1872 is

a. V oid
b. V oidable
c. V oid till impossible is known
d. V oid when event becomes impossible
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AIBE IV Q.22 Walkthrough

The consensus ad-idem means

a. General consensus
b. Reaching an agreement
c. Meeting of minds upon the same thing in the same sense
d. All the above
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AIBE IV Q.23 Walkthrough

In famous Carlill v. Carbolic Smoke-Ball Co. (1893) 1 QBD 256, the Hon’ble Court held that the Contract was accepted on being-

a. Communicated
b. Acted upon
c. Refused
d. Advertised
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AIBE IV Q.24 Walkthrough

Inadequacy of consideration does not make the contract-

a. V oid
b. V oidable
c. Unenforceable
d. Neither void nor voidable
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AIBE IV Q.26 Walkthrough

Exposure of goods by a shopkeeper is-

a. Offer for Sale
b. Invitation to Offer
c. Offer
d. Acceptance
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AIBE IV Q.27 Walkthrough

An agreement to remain unmarried is-

a. Valid
b. V oid
c. V oidable
d. Unenforceable
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AIBE IV Q.28 Walkthrough

An agreement enforceable at law is-

a. Enforceable acceptance
b. Accepted offer
c. Approved promise
d. Contract
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AIBE IV Q.29 Walkthrough

An agreement shall be void for-

a. Mistake of fact by one party
b. Mistake of fact by both the parties
c. Mistake of foreign law
d. All the above
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AIBE IV Q.30 Walkthrough

Void agreement signifies

a. Agreement illegal in nature
b. Agreement not enforceable by law
c. Agreement violating legal procedure
d. Agreement against public policy
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AIBE IV Q.31 Walkthrough

A proposal when accepted becomes-

a. Promise under section 2(b), Contract Act
b. Agreement under section 2( e), Contract Act
c. Contract under section 2(h), Contract Act
d. None of the above
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AIBE IV Q.35 Walkthrough

Transfer of Property Act, 1882 unborn person acquires vested interest on transfer for his benefit under Transfer of Property Act

a. Upon his birth
b. 7 days after his birth
c. 12 days after his birth
d. None of all
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AIBE IV Q.36 Walkthrough

Which section of Transfer of Property Act, 1882 deals with onerous gift?

a. Section 127
b. Section 126
c. Section 125
d. Section 124
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AIBE IV Q.37 Walkthrough

The Negotiable Instruments Act, 1881 came into force on-

a. 9th December, 1881
b. 19th December, 1881
c. 1st March, 1882
d. None of the above
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AIBE IV Q.38 Walkthrough

The term ‘Negotiable Instrument’ is defined in the Negotiable Instruments Act, 1881,

a. Section 12
b. Section 13
c. Section 13A
d. Section 13B
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AIBE VI Q.18 Walkthrough

Justice Ramanandan Committee relates to-

a. Union-State relations
b. Creamy layer
c. Finance Commission
d. Elections
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AIBE VI Q.49 Walkthrough

The essence of a contract of agency is the agent’s-

a. Representative capacity coupled with a power to affect the legal relations of the principal with third persons
b. Power and title to the property that is being dealt with
c. Authority and status of dealing with the trade
d. None of the above
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AIBE VI Q.50 Walkthrough

“A Contract is an agreement between two or more persons which is intended to be enforceable at law and is contracted by the acceptance by one party of an offer made to him by the other party to do or abstain from doing some act”. - Whose statement is this?

a. Halsbury
b. Salmond
c. Phipson
d. Pollock
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AIBE VI Q.53 Walkthrough

A debtor owes several distinct debts to the same creditor and he makes a payment which is insufficient to satisfy all the debts. In such a case, a question arises, as to which particular debt the payment is to be appropriated. Which sections of the Contract Act, 1872 provide an answer to this question?

a. Sections 59 to 61
b. Sections 22 to 31
c. Sections 10 to 12
d. Sections 55 to 60
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AIBE VI Q.59 Walkthrough

Accepting any other satisfaction than the performance originally agreed is known as

a. reciprocal agreement
b. reciprocal acceptance
c. reciprocal accord and satisfaction
d. accord and satisfaction
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AIBE VI Q.60 Walkthrough

“Where two parties have made a contract which one of them has broken the damage which the other party ought to receive in respect of such breach of contract should be either such as may fairly and reasonably be considered arising naturally i.e. according to the usual course of things from. such breach of contract itself or such as may reasonably be supposed to have been in the contemplation of the parties at the time they made the contract as the probable result of breach of it”. In which case the principle was down so:

a. Clegg v. Hands
b. Frost v. Knight
c. Kapur Chand v. Himayat Ali Khan
d. Hadley v. Baxendale
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AIBE VI Q.63 Walkthrough

“The law of contract is intended to ensure that what a man has been led to expect shall come to pass, that what has been promised shall be performed.” Whose statement is this?

a. Lord Black
b. Henderson
c. Anson
d. Salmond
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AIBE VI Q.65 Walkthrough

According to the Indian law in a lawful contract, consideration

a. Must move from promisee only
b. May move from promisee or any other person
c. Is not necessary at all
d. None of the above
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AIBE VI Q.67 Walkthrough

An agency can be terminated by

a. Agreement between parties
b. By renunciation by the agent
c. By completion of business of agency
d. All the above.
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AIBE VI Q.81 Walkthrough

“A tort is a civil wrong for which the remedy is an action for unliquidated damages and which is not exclusively the breach of a contract, or the breach of a trust, or the breach of other merely equitable obligation” - Whose Statement is this

a. Winfield
b. Salmond
c. Pollock
d. Griffith
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AIBE VII Q.1 Walkthrough

Doctrine of election is based on the foundation that a person taking the benefit of an instrument must-

a. Not bear the burden
b. Burden is not the subject of election
c. Burden is the subject of election
d. Bear the burden
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AIBE VII Q.41 Walkthrough

Where the proposal and acceptance is through letters, the contract is made at the place where-

a. The acceptance is received
b. The letter of acceptance is posted
c. Both the above answers
d. None of the above
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AIBE VII Q.43 Walkthrough

All contracts which are unlawful and void are known as

a. Illegal contracts
b. Nugatory contracts
c. V oidable contracts
d. None of the above
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AIBE VII Q.44 Walkthrough

Section ______of the Negotiable Instruments Act, 1881 deals with ‘noting’ -

a. 100
b. 101
c. 102
d. 99
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AIBE VII Q.46 Walkthrough

Negotiable claim issued by a bank in return for a term deposit is called-

a. Share certificate
b. Certificate of incorporation
c. Certificate of deposit
d. Term deposit
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AIBE VII Q.80 Walkthrough

‘A’ resides at Delhi, and ‘B’ at Agra. B borrows Rs. 20,000/- from A at Benares and passes a promissory note to A payable at Benares. B fails to repay the loan. A may sue B at-

a. Benares or Agra
b. Benares only
c. Agra only
d. Benares, Agra and Delhi
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AIBE VII Q.88 Walkthrough

The concept of ‘privity of contract’ was rejected in-

a. Winterbottom v. Wright
b. Donoghue v. Stevenson
c. Longmeid v. Holiday
d. Heaven v. Pender
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AIBE VIII Q.20 Walkthrough

Which Section under the Transfer of Property Act, 1882 discusses about the rights and liabilities of buyer and the seller of immovable property?

a. 45
b. 54
c. 55
d. 44
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AIBE VIII Q.36 Walkthrough

Peek v. Gurney is a famous case relating to

a. Mistake
b. Misrepresentation
c. Fraud
d. Frustration of contract
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AIBE VIII Q.68 Walkthrough

Talak-e-tafwiz is

a. Talak by delegation
b. Triple Talak
c. Talak by agreement
d. Improper Talak
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AIBE VIII Q.72 Walkthrough

Principles evolved in Hadley v. Baxendale are the basis of Section _____of the Indian Contract Act.

a. 74
b. 55
c. 87
d. 73
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AIBE VIII Q.76 Walkthrough

Which provision of the Negotiable Instruments Act discusses about material alteration of an instrument and its effects

a. Section 77
b. Section 88
c. Section 87
d. Section 78
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AIBE IX Q.29 Walkthrough

The Supreme Court held in V.C. Rangadurai v. D. Gopalan that an advocate who has been disbarred or suspended from practice must prove after expiration of a reasonable length of time that

a. He appreciates the insignificance of his dereliction
b. He has lived a consistent life of poverty and integrity
c. He possesses the good character necessary to guarantee uprightness and honour in his professional dealings
d. The burden is on the applicant to establish that he is entitled to resume the privilege of practicing law without restrictions
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AIBE IX Q.56 Walkthrough

Under the Transfer of Property Act, 1882

a. the salary of a public officer can be transferred
b. the salary of a public officer cannot be transferred
c. public office can be transferred
d. none of the above
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AIBE IX Q.77 Walkthrough

A contingent contract based on the specified uncertain events not happening within a fixed time under section 35-

a. remains valid even if the event does not happen within that fixed time
b. becomes void at the expiration of the time fixed
c. becomes void if the happening of that event becomes impossible before the expiry of time fixed
d. both (B) and (C)
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AIBE IX Q.78 Walkthrough

In cases of general offer, for a valid contract-

a. the acceptor need not have the knowledge of the offer
b. the acceptor must have the knowledge of the offer before acceptance by performance
c. the acceptor may acquire the knowledge of the offer after the performance of the condition for acceptance
d. knowledge does not matter so long as the condition is performed with or without knowledge
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AIBE IX Q.79 Walkthrough

Under the provisions of the Transfer of Property Act, 1882, the unborn person acquires vested interest on transfer for his benefit-

a. upon his birth
b. 7 days after his birth
c. 12 days after his birth
d. no such provision is made
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AIBE IX Q.82 Walkthrough

At sight under section 21 of the Negotiable Instruments Act, 1881 means-

a. on presentation
b. on demand
c. on coming into vision
d. none of the above
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AIBE IX Q.99 Walkthrough

Which is correct?

a. proposal + acceptance = promise
b. promise + consideration = agreement
c. agreement + enforceability = contract
d. all of the above
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AIBE IX Q.100 Walkthrough

Communication of acceptance is complete as against the proposer

a. when it comes to the knowledge of the proposer
b. when it is put in course of transmission to him so as to be out of power of the acceptor
c. when the acceptance is communicated to the proposer
d. all of the above
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AIBE X Q.47 Walkthrough

The parties which cannot be compelled to perform specific performances of contract are provided in which section of Specific Relief Act:

a. 27
b. 28
c. 29
d. 30
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AIBE X Q.75 Walkthrough

A contract of “Indemnity” under the Indian Contract Act, 1872 has been defined in Section:

a. 124
b. 123
c. 125
d. 126(a)
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AIBE X Q.82 Walkthrough

A sells a field to B. There is a right of way over the field of which A has direct personal knowledge but which he conceals from B.

a. B has the right to rescind the contract
b. B cannot rescind the contract
c. A has the right to rescind the contract
d. A is not legally liable
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AIBE XI Q.31 Walkthrough

Which Section of Specific Relief Act prohibits filing a case against the Government?

a. Section 5
b. Section 6
c. Section 7
d. Section 8
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AIBE XI Q.40 Walkthrough

Under the Workmen’s Compensation Act, which is helpful in deciding the extent of injury for compensation

a. Insurance certificate
b. Medical examination
c. Medical certificate
d. (b) and (c)
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AIBE XI Q.41 Walkthrough

Section 23 of the Workmen’s Compensation Act, 1923 says that the Commissioner shall have the power of

a. A Court . (b) A Tribunal (c) A quasi-judicial form (d) All of the above.
b. A Tribunal
c. A quasi-judicial form
d. All of the above.
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AIBE XI Q.57 Walkthrough

Court’s power to award compensation is provided in Specific Relief Act:

a. Under Section 20
b. Under Section 21
c. (a) and (b)
d. None of the above
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AIBE XI Q.66 Walkthrough

Which of the following is not an essential of a Contract of Guarantee:

a. Concurrence of three parties
b. Surety’s distinct promise to be answerable
c. Liabilities to be legally enforceable
d. Existence of only one contract
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AIBE XI Q.67 Walkthrough

The term ‘Agent’ is defined in Indian Contract Act under Section:

a. 180 of the Act
b. 181 of the Act
c. 182 of the Act
d. 183 of the Act
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AIBE XI Q.70 Walkthrough

Which is not a right of an unpaid seller against the goods:

a. Lien
b. Stoppage in transit
c. Right of resale
d. To ascertain price
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AIBE XI Q.89 Walkthrough

Criminal intimidation is explained in IPC under:

a. Section 503 to 506
b. Section 509 to 516
c. Section 319 to 329
d. None of the above
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AIBE XII Q.34 Walkthrough

For Specific Performance of a contract, suit is to be instituted in

a. 3 years
b. 3 months
c. 6 months.
d. No specific time limit unless mentioned in the contract
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AIBE XII Q.48 Walkthrough

Which of the following is not an essential for a valid sale:

a. The parties must be competent to contract
b. There must be mental consent
c. There must be a transfer of property
d. There must be an agreement to sell
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AIBE XII Q.87 Walkthrough

Cancellation of instrument is mentioned in:

a. Section 8-25 of Specific Relief Act
b. Section 26 of Specific Relief Act
c. Section 31-33 of Specific Relief Act
d. Section 36-42 of Specific Relief Act
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AIBE XII Q.93 Walkthrough

Which section of Sale of Goods Act, 1930 deal with anticipatory breach of contract:

a. Section 50
b. Section 65
c. Section 60
d. Section 70
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AIBE XII Q.95 Walkthrough

Which section of Indian Registration Act, 1908 provides with compulsory registration of Instrument of Gifts and Immovable Properties:

a. Section 11
b. Section 13
c. Section 17
d. None of the above
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AIBE XII Q.100 Walkthrough

What is main objective of Section 138 of Negotiable Instruments Act?

a. Recovery of stolen property
b. Recovery of seized vehicles from RTO
c. Recovery of the cheque amount in case cheque issued by the payer is bounced
d. None of the above
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AIBE XX Q.4 Walkthrough

Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R).Assertion (A):An employee can be deemed to be in continuous service for one year only if he has worked for 365 days in the preceding twelve months, without any interruption. Reason (R):Under the Payment of Gratuity Act, 1972, continuous service may also include periods of interruption due to sickness, accident, leave, lay-off, strike, or lock-out not caused by the employee’s fault. In the context of the above assertion and reason under the Payment of Gratuity Act, 1972, which one of the following is correct?

a. and the other labelled as Reason (R).Assertion (A):An employee can be deemed to be in continuous service for one year only if he has worked for 365 days in the preceding twelve months, without any interruption. Reason (R):Under the Payment of Gratuity Act, 1972, continuous service may also include periods of interruption due to sickness, accident, leave, lay-off, strike, or lock-out not caused by the employee’s fault. In the context of the above assertion and reason under the Payment of Gratuity Act, 1972, which one of the following is correct? (A) Both (A) and (R) are true, and (R) is the correct explanation of (A).
b. Both (A) and (R) are true, but (R) is not the correct explanation of (A).
c. (A) is true, but (R) is false.
d. (A) is false, but (R) is true.
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AIBE XX Q.36 Walkthrough

Read the given statements and choose the correct option. Statement 1:Un- der the Negotiable Instruments Act, 1881, a negotiable instrument made, drawn, accepted, or transferred without consideration creates no obligation of payment between the parties to the transaction.Statement 2:According to the same Act, if the consideration for which a negotiable instrument was issued fails in part, the holder in immediate relation is entitled to recover only the proportionate amount corresponding to the consideration actually received.In the context of the above statements under the Negotiable Instruments Act, 1881, which one of the following is correct?

a. Both Statements 1 and 2 are false
b. Only Statement 1 is true
c. Only Statement 2 is true
d. Both the Statements are true
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AIBE XX Q.39 Walkthrough

After a government notification is issued for acquiring Mr. Mehta’s farmland under the Land Acquisition Act, 1894, he notices that the income from his crops steadily decreases until the authorities finally take possession. He approaches the court claiming compensation for this reduction in profits. According to the Act, what type of loss is compensable in such a case?

a. Loss due to falling land prices in the market
b. Loss due to cancellation of tenant agreements
c. Loss of employment in nearby areas
d. Bona fide diminution of profits due to acquisition process
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AIBE XX Q.41 Walkthrough

According to the Indian Contract Act, 1872, when is the communication of an acceptance complete against the proposer?

a. When the acceptor prepares the letter of acceptance
b. When it is dispatched beyond the control of the acceptor
c. When it is delivered to the office of the proposer party
d. When the proposer acknowledges receipt in his records
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AIBE XX Q.53 Walkthrough

As per the Indian Contract Act, 1872, an acceptance must be absolute and un- qualified. What is the legal effect if an offeree’s response to a proposal introduces 38 a new term ?

a. It becomes a valid acceptance, and the new term is incorporated as a mere suggestion.
b. It operates as a valid acceptance if the new term is not a material alteration.
c. It constitutes a counter-proposal, thereby rejecting the original proposal.
d. It suspends the original proposal until the new term is accepted or rejected by the proposer.
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AIBE XX Q.100 Walkthrough

According to the Payment of Gratuity Act, 1972, under what circumstance is the completion of five years of continuous service not mandatory for payment of gratuity to an employee by his employer ?

a. Voluntary resignation from the post by the employee.
b. Dismissal of the employee due to misconduct at work.
c. Death or disablement of the employee due to accident or disease.
d. Transfer of the employee to another department within the same organization.
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