is to claim the goods from the official receiver or assignee

is to claim dividend from the estate of the seller for the price paid

is not available

is to file a suit for damages

Trademark

Goodwill

Patent

All of these

Where the agency is coupled with interest and the interests exists before the creation of the agency or where the agent has incurred personal liability.

Where the agency is coupled with interest but the interest arises after the creation of the agency or where the agent has incurred personal liability.

Where the agent has incurred personal liability.

None of these

the goods should conform to the description and the quality stated in the contract

the goods must be in a deliverable state

the goods must be unconditionally appropriated to the contract either by delivery to the buyer or to agent or the carrier

all of these

Where the seller so conducts himself that he leads third parties to believe that the lien does not exist.

Where seller has waived the right of lien.

Where the buyer or his agent lawfully obtains possession of the goods.

All of these

Coercion involves physical force.

Undue influence involves physical force.

Coercion need not be directed at the promisor.

Undue influence is always exercised between the parties to the contract.

has a right to become a partner in the firm of the deceased partner

does not have a right to become a partner in the firm of the deceased partner

can become a partner in the firm of the deceased partner only if the surviving partners give their consent in this regard

both (1) and (3)

no at least two persons or parties must be involved

yes as the contract is between the individual and others jointly

yes if there is a formal agreement

none of these

A wagering agreement is void.

A contingent contract is valid.

A wagering agreement is void while a contingent contract is valid.

None of these

There is not much difference in the nature of a partnership from the nature of a HUF.

There is considerable difference in the nature of a partnership from the nature of a HUF.

There is difference in the nature of a partnership from the nature of a HUF because unlike the nature of a HUF, the nature of a partnership is voluntary and contractual.

There is not much difference in the nature of a partnership from the nature of a HUF because both involve a certain interest of a particular individual.

agency by actual authority

agency by ratification

agency by ostensible authority

all of these

the business must be carried on by all the partners or by anyone or more of the partners acting for all

the business may be carried on by all the partners acting for all

the business may be carried on by anyone or more of the partners acting for all

the business must be carried on in accordance with the decided profit (loss) sharing ratio

there should be at least seven members and maximum number of members should not exceed fifty

there should be at least seven members and maximum number of members should not exceed hundred

there should be at least two members and maximum number of members should not exceed fifty

there should be at least seven members and there is no restriction on the maximum number of members

if the circumstances of the case are such that, regard being had to them, it is the duty of the person keeping silence to speak

where the circumstances are such that silence is in itself equivalent to speech

both (1) and (2)

none of these

Such contracts do not arise from any agreement of the concerned parties. It is imposed by law.

Such a right is always a right to money, very often a right to a liquidated sum of money.

It is a right available against a particular person or persons only, not against the world at large.

All of these

express or implied agreement

ratification

operation of law

all of these

death of the principal

insanity of the principal

insolvency of the principal

all of these

offer and acceptance

intention to create legal acceptance

capacity of parties - competency

all of these

That the expulsion must be in the interest of the partnership.

That the partner to be expelled is served with a notice.

That he is given an opportunity of being heard.

All of these

must coexist before a partnership can come into existence

may be brought in within a reasonable time of a partnership coming into existence

may be brought in any time either during the creation of partnership or even thereafter

may not coexist before a partnership can come into existence, but they must coexist within one year of a partnership coming into existence

property in goods passes to the bailee at the time of contract

property in goods passes to the bailee upon the payment of the last installment

property in goods can pass to the bailee at any time after the contract

property in goods does not pass to the bailee and instead there is transfer of possession of goods takes place from bailor to the bailee for a specific reason

three

four

five

two

Rs. 1000/-

Rs. 100/-

Rs. 500/-

Rs. 10,000/-

the buyer

the seller

both the buyer and the seller

the Central Government or the State Government, as the case may be

a person whom authority has been given cannot delegate the authority to another

a person whom authority has been given can delegate the authority to another with prior permission

a person whom authority has been given to indemnify agent for injury caused by principal's neglect can be delegated

an authority can be delegated under protest by the person to whom authority has been given

standing offer

open offer

identical offers

cross offer

specific goods

existing goods

future goods

unascertained goods

idiot person

lunatic person

intoxicated person

all of these

null and void

null and void to some extent

is unconstitutional

in good faith and in the interest of the partnership

25

26

24

20

dissolution of partnership between all the partners of a firm

insolvency of all the partners

both of these

none of these

the seller cannot exercise the right of stoppage in transit

the seller cannot exercise the right of lien

the seller can exercise the right of lien

the seller can exercise the right of stoppage in transit

promisee or any other person

promisee

promisor

an independent person

coercion

undue influence

fraud

misrepresentation

The Indian Partnership Act, 1932

The Indian Partnership Act, 1930

The Indian Partnership Act, 1872

The Indian Partnership Act, 2006

remission

recission

supervening impossibility

alteration

the firm has to dissolve by default

the firm may not be dissolved unless there is any agreement between the partners to do so

the status of the firm becomes illegal from the date of adjudication of X as an insolvent

X remains a partner, unless the firm is dissolved

a contract to do something if some event collateral to such contract does or does not happen

a contract not to do something if some event collateral to such contract does or does not happen

a contract to do or not to do something if some event collateral to such contract does or does not happen

a contract to do or not to do something if some event collateral to such contract does not happen

A can get back entire amount of the premium paid by him to B.

A can get back a reasonable part of the premium.

A can get back Rs.2,500/- from B.

A cannot get back any amount of the premium paid by him.

Arun was not bound by the conditions on the back of the ticket as he had not read them at all.

Arun was bound by the conditions on the back of the ticket even if he had not read them.

Arun was not bound by the conditions on the back of the ticket as his claim was 13 times more than the compensation offered to him by the railway company.

Arun was bound by the conditions on the back of the ticket as he had not read them in full.