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Business Laws

91. Where the consent of both the parties is given by mistakes, the contract is;

October 4, 2025 by Admin
A. Void
B. Valid
C. Voidable
D. Illegal
✅ The correct answer is option A.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

92. Where an agreement consists of two parts once legal and the other illegal and the legal part is separable from the illegal one, such legal part is

October 4, 2025 by Admin
A. Void
B. Valid
C. Voidable
D. Illegal
✅ The correct answer is option B.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

93. An agreement to do an illegal act(eg: sharing the earnings of smuggling business) is

October 4, 2025 by Admin
A. Valid
B. Void
C. Voidable
D. Contingent
✅ The correct answer is option B.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

94. Where the consent of a party is obtained by misrepresentation, the contract is;

October 4, 2025 by Admin
A. Valid
B. Void
C. Voidable
D. Illegal
✅ The correct answer is option C.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

95. Which of the following acts does not fall under the categories of fraud?

October 4, 2025 by Admin
A. Intentional false statement of facts
B. Active concealment of facts
C. Innocent false statements
D. Promise made without intention to perform
✅ The correct answer is option C.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

96. A voidable contract is one which;

October 4, 2025 by Admin
A. Can be enforced at the option of the aggrieved party
B. Can be enforced at the option of the both parties
C. Cannot be enforced in a court of laws
D. Court prohibits
✅ The correct answer is option A.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

97. When one party is in a position to dominate the will of another and uses his superior position to obtain the consent of a weaker party, the consent is said to be obtained by;

October 4, 2025 by Admin
A. Coercion
B. Undue influence
C. Fraud
D. Misrepresentation
✅ The correct answer is option B.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

98. When the consent to an agreement is obtained by coercion, the agreement is voidable at the option of

October 4, 2025 by Admin
A. Either party to the agreement
B. A party whose consent was so obtained
C. A party who obtained the consent
D. None of these
✅ The correct answer is option B.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

99. A agrees to pay Rs.1,00,000 to B if he brings a star from the sky. This is a contingent contract and

October 4, 2025 by Admin
A. Illegal
B. Valid
C. Voidable
D. Void
✅ The correct answer is option D.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

100. A threatens to kill B if he does not agrees to sell his scooter from him for Rs.1000. Here B’s consent is obtained by

October 4, 2025 by Admin
A. A undue influence
B. Fraud
C. Coercion
D. None of these
✅ The correct answer is option C.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment
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