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Law Test 1

Description: covers various acts, laws and definitions
Number of Questions: 25
Created by:
Tags: LAW Law and Judiciary Contract Law Personal Law Legal Aptitude/ Awareness Legal Terms
Attempted 0/25 Correct 0 Score 0

When was the Banking Regulation Act enacted?

  1. 1935

  2. 1955

  3. 1949

  4. 1947


Correct Option: C
Explanation:

 It was enacted in 1949.

What are the essentials of a valid contract?

  1. Free consent between all the parties of a contract

  2. Acceptance of offer

  3. There should be an offer

  4. All of the above


Correct Option: D
Explanation:

A valid contract must have: Offer and acceptance Lawful consideration Capacity of parties Free consent Lawful object 

When was the Hindu Adoption & maintenance Act enacted?

  1. 1937

  2. 1956

  3. 1948

  4. 1921


Correct Option: B
Explanation:

The Hindu Adoption & maintenance Act enacted in the year of 1956.

What Act was enacted to improve the socio-economic conditions of Scehedule castes and Tribes ,preventing offences , humiliation and indgnities against them etc?

  1. Citizenship Act

  2. Civil Defence Act

  3. The Sc &ST (Prevention of Atrocities ) Act

  4. Easements Act


Correct Option: C
Explanation:

The SC &ST (Prevention of Atrocities ) Act was enacted to improve the socio-economic conditions of Scehedule castes and Tribes preventing offences, humiliation and indignities against them etc.

What is/are the basic difference(s) between sale and bailment in law?

  1. Ownership is transferred to buyer in a sale.

  2. Buyer has no obligation to return the goods.

  3. In a contract of bailment, both (1) and (2) are not applicable.

  4. Both (1) and (2) are applicable.


Correct Option: C
Explanation:

Ownership is transferred to buyer in the sale whereas only possession is transferred in bailment. Buyer has no obligation to return the goods in case of sale. In case of bailment, bailee is duty-bound to return the goods after the accomplishment of the purpose.

Which Act/Acts were enacted in the year 1956?

  1. Hindu Succession Act

  2. Hindu Disposition of Property Act

  3. Hindu Adoptions & Maintenance Act

  4. Both a & c


Correct Option: D
Explanation:

Hindu Succession Act and Hindu Adoptions & Maintenance Act were enacted in the year 1956.

What is meant by an actionable claim?

  1. Enforceable by the court of law

  2. Such claim that cannot be recovered by means of an action or a suit

  3. A claim to any debt in unpossessed movable property

  4. Both (1) and (3)


Correct Option: D
Explanation:

An actionable claim is a claim to any debt or to any beneficial interest in movable property. It is enforceable by the court of law.

Going by the Sale of Goods Act, which of the following is/are correct regarding unpaid seller?

  1. When the whole of the price has not been paid or tendered

  2. When a bill of exchange has been received as conditional payment and this condition has not been fulfilled

  3. Quality of the goods are disputed

  4. Both (1) and (2)


Correct Option: D
Explanation:

Under section 38 of Sale of Goods Act, 1930, unpaid seller means: (a) when the whole of the price has not been paid or tendered; (b) when a bill of exchange or other negotiable instrument has been received as conditional payment and the condition on which it was received has not been fulfilled by reason of the dishonour of the instrument or otherwise. 

What is meant by document of title to goods?

  1. Which confers a right on the possessor to transfer the goods to another

  2. A proof of ownership over the goods covered by it

  3. Ownership to deal only after judicial intervention

  4. Both (1) and (3)


Correct Option: D
Explanation:

Document of title to goods confers a right of the possessor to transfer the goods to another and ownership to deal only after judicial intervention.

A person asks a pet dealer to supply him a tame and gentle dog. What is/are the legal position(s) if the dog turns out to be vicious?

  1. The person cannot reject the dog.

  2. This amounts to breach of a condition.

  3. Claim for damages for injury can be claimed.

  4. Both (2) and (3)


Correct Option: D
Explanation:

In the above case, a breach of condition of contract results into claim for damages for injury.

If a Demand Promissory Note is executed and a loan facility covered by a time barred DP Note is legally safe to be allowed to continue, then which act is to be quoted to justify the above?

  1. Limitation Act

  2. Banking Regulation Act

  3. Contract Act

  4. RBI Act


Correct Option: C
Explanation:

If a Demand Promissory Note is executed and a loan facility is covered by a time barred DP Note, it is legally safe to be allowed to continue under the Contract Act

What is the legal term popularly used by lawyers to show that "there may be a problem/let him beware that", etc. so that they seek a hearing from their side before court proceeds with any application?

  1. Injunction

  2. Stay

  3. Caveat

  4. Refrain


Correct Option: C
Explanation:

Caveat is a legal notice by lawyers to a court or public officers to suspend a proceeding until the notifier is given a hearing.

Section 54 of which act deals with the sale of immovable property?

  1. Sale of Goods Act

  2. Transfer of Property Act

  3. Indian Contract Act

  4. Specific Relief Act


Correct Option: B
Explanation:

Section 54 of Transfer of Property Act deals with the sale of immovable property.

What is the legal term for intentionally doing something either legally or morally wrong for which one had no right, revealing dishonesty,misuse of power. Position etc?

  1. Misfeasance

  2. Moral turpitude

  3. Malfeasance

  4. Excesses


Correct Option: C
Explanation:

Malfeasance is used generally to describe any act that is criminal or that is wrongful and gives rise to or somehow contributes to the injury of another person.

When was the Essential Commodities Act enacted?

  1. 1956

  2. 1955

  3. 1950

  4. 1948


Correct Option: B
Explanation:

Essential Commodities Act was enacted in the year of 1955.

Which Act states that a period be put on litigation, protecting only the diligent and vigilant people?

  1. Indian Contract Act

  2. Transfer of Property act

  3. Indian Trusts Act

  4. Limitation Act


Correct Option: D
Explanation:

Limitation Act states that a period be put on litigation, protecting only the diligent and vigilant people.

When was the Indian Stamp Act enacted?

  1. 1947

  2. 1950

  3. 1899

  4. 1974


Correct Option: C
Explanation:

Indian Stamp Act was enacted in the year 1899.

As per the Patents Law, what are the requirements for something to be patented

  1. The item should have novelty and utility

  2. Any invention which satisfies the definition of invention provided for in the Act

  3. only a

  4. Both a and b


Correct Option: D
Explanation:

As per the Patents Law, the item should have novelty and utility and any invention which satisfies the definition of invention provided for in the Act.

What is a claim for payment for damages at sea called?

  1. Maritime law case

  2. Admirality case

  3. Right to recompense

  4. Jones Act case


Correct Option: D

What is EIR ?

  1. Environmental Impact Report

  2. English Investments Restructure

  3. Eligible Income Recognition

  4. Early Investigation report


Correct Option: A
Explanation:

Environmental Impact Report

What is the situation called in which there is an obligation as if there was a contract, although the technical requirements of a contract are not fulfilled?

  1. Semi-contract

  2. Quasi contract

  3. Aborted contracted

  4. Contract in absentia


Correct Option: B
Explanation:

A quasi contract is not an actual contract, but is a legal substitute formed to impose equity between two parties.

What is the shorthand symbol used for contract used almost universally by lawyers and law students?

  1. T

  2. A

  3. C

  4. K


Correct Option: D

What is a court setup without legal basis with chances of bias judgement (as set up by fraternity groups etc) called?

  1. Kid court

  2. Fox Court

  3. Kangaroo Court

  4. Mock court


Correct Option: C

What is the legal term for the following conditions?

a. An equal reduction of recovery of debts by all creditors when there are not enough funds or assets to pay the full amount. b. The removal of a problem which is against public or private policy or endangers others, including nuisances such as weeds that might catch fire on an otherwise empty lot.

  1. Discount

  2. Abatement

  3. Dividend

  4. Litigation


Correct Option: B
Explanation:

Abatement is an equal reduction of recovery of debts by all creditors when there are not enough funds or assets to pay the full amount and the removal of a problem which is against public or private policy or endangers others, including nuisances such as weeds that might catch fire on an otherwise empty lot.

“Breach of condition may be treated as breach of warranty, but breach of warranty cannot be treated as breach of condition”. The given statement is

  1. true

  2. false

  3. self-contradictory

  4. logically consistent, but legally untenable


Correct Option: A
Explanation:

Option (1) is correct: A condition is a stipulation essential to the main purpose of the contract, the breach of which gives rise to a right to treat the contract as repudiated. A warranty is a stipulation collateral to the main purpose of the contract, the breach of which gives rise to a claim for damages but not to a right to reject the goods and treat the contract as repudiated. So breach of condition may be treated as breach of warranty, but breach of warranty cannot be treated as breach of condition.

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