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Business Laws

141. Which of the following statement is false?

October 4, 2025 by Admin
A. Generally a stranger to a contract can not sue
B. A verbal promise to pay a time barred debt is valid
C. Completed gifts need no consideration
D. No consideration is necessary to create an agency
✅ The correct answer is option B.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

142. Consideration must move at the desire of:

October 4, 2025 by Admin
A. Promisor
B. Promisee
C. Any other person
D. Any of these
✅ The correct answer is option A.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

143. Which is the following is false? Consideration:

October 4, 2025 by Admin
A. Must move at the desire of the promisor
B. May move from any person
C. Must be illusory
D. Must be some value
✅ The correct answer is option C.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment
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