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1161. Which is the following is false? An offer to be valid must;

October 4, 2025 by Admin
A. Intend to create legal relations
B. Have certain and unambiguous terms
C. Contain a term the non‐compliance of which would amount to acceptance
D. Be communicated to the person to whom it is made
✅ The correct answer is option C.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

1162. An agreement which is enforceable by law at the portion of one or more of the parties thereon but not at the option of the other or others is a :

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

1163. Consent is not said to be free when it is caused by

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

1164. Which of the following statement is not true about minor’s position in a form?

October 4, 2025 by Admin
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
✅ The correct answer is option B.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

1165. A minor’s liability for ‘necessaries’ supplied to him

October 4, 2025 by Admin
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
✅ The correct answer is option B.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

1166. Ordinarily, a minor’s agreement is

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

1167. Which of the following is not an exception to the rule – No consideration, No contract.

October 4, 2025 by Admin
A. Compensation for involuntary services
B. Love & Affection
C. Contract of agencies
D. Gift
✅ The correct answer is option A.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

1168. Consideration in sample term means

October 4, 2025 by Admin
A. Anything in return
B. Something in return
C. Everything in return
D. Nothing in return
✅ The correct answer is option B.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

1169. Consideration may be

October 4, 2025 by Admin
A. Past
B. Present
C. Future
D. All of the above
✅ The correct answer is option D.
Categories Business Laws, SSC Tags Business Laws MCQs, SSC MCQs Leave a comment

1170. 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
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