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Business Laws

121. The threat to commit suicide amounts to

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

122. Generally, which of the following damages are not recoverable?

October 4, 2025 by Admin
A. Ordinary damages
B. Special damages
C. Remote damages
D. Nominal damages
✅ The correct answer is option C.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

123. When the consent of a party is obtained by fraud, the contract is

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

124. Sometimes, a party is entitled to claim compensation in proportion to the work done by him. It is possible by a suit for;

October 4, 2025 by Admin
A. Damages
B. Injunction
C. Quantum merit
D. None of these
✅ The correct answer is option C.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

125. In case of breach of contract, which of the following remedy is available to the aggrieved party?

October 4, 2025 by Admin
A. Suit for recission
B. Suit for damages
C. Suit for specific performance
D. All of these
✅ The correct answer is option D.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

126. In case of anticipatory breach, the aggrieved party may treat the contract;

October 4, 2025 by Admin
A. As discharged and bring an immediate action for damages
B. As operative and wait till the time for performance arrives
C. Exercise option either (a) or (b)
D. None of these
✅ The correct answer is option C.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

127. When prior to the due date of performance, the promisor absolutely refuses to perform the contract, it is known as:

October 4, 2025 by Admin
A. Abandonment of a contract
B. Remission of contract
C. Actual breach of contract
D. Anticipatory breach of contract
✅ The correct answer is option D.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

128. A contract is discharged by recission which means the;

October 4, 2025 by Admin
A. Change in one or more terms of the contract
B. Acceptance of lesser performance
C. Abandonment of rights by a party
D. Cancellation of the existing contract
✅ The correct answer is option D.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

129. A contract is discharged by novation which means the;

October 4, 2025 by Admin
A. Cancellation of the existing contract
B. Change in one or more terms of the contract
C. Substitution of existing contract for a new one
D. None of these
✅ The correct answer is option C.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

130. A, B and C jointly promised to pay Rs.6000 to D. Before the performance of the contract, C dies. Here the contract;

October 4, 2025 by Admin
A. Becomes void on C’s death
B. Should be performed by A and B along with C’s legal representatives
C. Should be performed by A and B alone
D. Should be renewed between A, B and D
✅ The correct answer is option B.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment
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