Business Laws

A. Promisor alone

B. Legal representatives of the Promisor

C. Agent of the Promisor

D. All of these

A. Is discharged

B. Becomes enforceable

C. Becomes void

D. None of these

A. Consideration must result in a benefit to both parties

B. Past consideration is no consideration in India

C. Consideration must be adequate

D. Consideration must be something which a promisor is not already bound to do

A. Coercion

B. Undue influence

C. Fraud

D. All of these

A. He cannot become a partner in an existing firm

B. He can become a partner in an existing firm

C. He can be admitted only to the benefits of any existing firm

D. He can become partner on becoming a major

A. Arises after he attains majority age

B. Is against only minor’s property

C. Does not arise at all

D. Arises if minor gives a promise for it

A. Void ab initio

B. Voidable

C. Valid

D. Unlawful

A. Compensation for involuntary services

B. Love & Affection

C. Contract of agencies

D. Gift

A. Anything in return

B. Something in return

C. Everything in return

D. Nothing in return

A. Past

B. Present

C. Future

D. All of the above