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Question 1
MOST EXPECTED
A person employed by, and acting under the control of, the original agent, in the business of the agency is a—
  1. sub-agent
  2. substituted agent
  3. pretended agent
  4. none of the above
Question 2
MOST EXPECTED
Which of the following is not correct under the Indian Contract Act, 1872?
  1. the suggestion, as a fact, of that which is not true, by a party to contract, who does not believe it to be true is fraud
  2. active concealment of a fact by a party to contract, having knowledge or belief of the fact is misrepresentation
  3. the positive assertion, in a manner not warranted by the information of the person making it, of that which is not true, though he believes it to be true is mis representation
  4. a fraud which did not cause the consent to a contract of the party on whom such fraud was practiced, does not render a contract voidable
Question 3
MOST EXPECTED
Under the Indian Contract Act, 1872, in which of the following cases, the presumption of agents personal liability does not arise?
  1. where an agent contracts for "a merchant resident abroad".
  2. where the agent does not disclose the name of his principal
  3. where the principal, though disclosed, cannot be sued
  4. where the agent contracts with a party who knows that the principal is a minor
Question 4
MOST EXPECTED
The term "contract" is defined in the following section of the Indian Contract Act, 1872—
  1. Section 2
  2. Section 2(h)
  3. Section 2(j)
  4. Section 10
Question 5
MOST EXPECTED
An agreement not to raise the plea of limitation
  1. valid and binding
  2. voidable
  3. void
  4. illegal