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1091. The basis of โ€˜quasi contractual relationsโ€™ is the

October 4, 2025 by Admin
A. Existence of a valid contract between the parties
B. Prevention of unjust enrichment at the expense of others
C. Provision contained in section 10 of the Contract Act
D. Existence of a voidable contract between the parties
โœ… The correct answer is option B.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

1092. A sells the goodwill of his business to B and agrees with him to refrain from carrying on a similar business within specified local limits. This contract is

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

1093. A contingent contract dependent on the non happening of specified uncertain event within fixed time can be enforced if the event

October 4, 2025 by Admin
A. Does not happen within fixed time
B. Becomes impossible before the expiry of fixed time
C. Happens within the fixed time
D. Both (a) and (b)
โœ… The correct answer is option D.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

1094. A and B both believe that a particular kind of rice is being sold in the market@Rs.3000 per quintel and A sells rice of that kind to B @3000/quintel. But in fact, the market price was Rs.4000, the contract is

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

1095. Can a person who is usually of unsound, but occasionally of sound mind, make a contract?

October 4, 2025 by Admin
A. Yes, he can always make a contract
B. Yes, but only when he is sound mind
C. No, he cannot make contract
D. Canโ€™t be determined
โœ… The correct answer is option B.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

1096. What is legal terminology for the doing or not doing of something which the promisor desires to be done or not done?

October 4, 2025 by Admin
A. Desires
B. Wishes
C. Considerations
D. Promise
โœ… The correct answer is option C.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

1097. When the offeree offers to qualified acceptance of the offer subject to modifications and variations he is said to have made a

October 4, 2025 by Admin
A. Standing, open or continuing offer
B. Counter offer
C. Cross offer
D. Special offer
โœ… The correct answer is option B.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

1098. Standing offer means

October 4, 2025 by Admin
A. Offer allowed to remain open for acceptance over a period of times
B. Offer made to the public in general
C. When the offeree offers to qualified acceptance of the offer
D. Offer made to a definite person
โœ… The correct answer is option A.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

1099. A agrees to sell his car to B at a price which B may be able to pay. This agreement is

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

1100. An agreement in restraint of legal proceedings is void. It does not cover an agreement which

October 4, 2025 by Admin
A. Restrict absolutely the parties from enforcing their legal rights.
B. Cuts short the period of limitation
C. Discharges a party from liability or extinguishes the rights of a party
D. Provides for a reference to arbitration instead of court of law
โœ… The correct answer is option D.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment
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