is a document of title to goods

is an acknowledgement for the receipt of goods

both (1) and (2)

none of these

The above statement is correct.

The above statement is not correct in case of unregistered partnerships.

The above statement is incorrect.

The above statement is correct only in case of registered partnerships.

can be transferred in accordance with the terms and conditions contained in the partnership deed

can be transferred only if all the partners agree for such transfer

cannot be transferred at all

can be transferred through the recognized stock exchanges

A engages B for a certain work and promises to pay such remuneration as shall be fixed by C. B does the work.

A and B promise to marry each other.

A takes a seat in a public vehicle.

A invites B to a card party. B accepts the invitation.

Yes if the contract was entered in Indian soil.

Yes if there was performance of the contract on or after 1^st September 1872.

No as the act does not apply retrospectively.

No as there was no performance on or after 1^st September 1872.

All illegal agreements are void but all void agreements are not necessary illegal.

A voidable contract is not voidable at the option of the aggrieved party.

Contracts that are immoral or opposed to public policy are illegal in nature.

All of these

Minor can always plead minority.

Minor is liable for necessaries supplied to him.

Minor is a person who has not completed 18 years of age.

Minor can be a beneficiary.

A wagering agreement consists of reciprocal promises whereas a contingent contract may not contain reciprocal promises.

In a wagering agreement the uncertain event is the sole determining factor while in a contingent contract the event is only collateral.

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

All of these

Joint Hindu Family is governed by law relating to registration of agreements.

Joint Hindu Family is governed by Hindu Law.

Joint Hindu Family is governed by the Civil Procedure Code.

Both (1) and (3)

Consideration must be at the desire of the promisor.

Consideration may be past, present or future.

Consideration need not be adequate, but should be real and supported by free consent.

Consideration should be always monetary.

the agreement is expresses in writing.

the agreement is made on account of natural love and affection or the parties to the agreement stand in a near relation to each other.

the document is registered under the law for the time being in force for registration of such document.

all of these

Property in goods passes to the buyer.

Risk in the goods passes to the buyer.

Both (1) & (2)

None of these

breach of warranty

breach of condition

both (1) and (2)

none of these

substituting a new contract for the old one

cancellation of the old contract

modifying or altering the terms of contract such that it has the effect of substituting a new contract for the old one

dispensing away the performance of the promise made by the other party

an unincorporated association

incorporated association

both (1) and (2)

none of these

only after the issue of certificate of registration by the Registrar of Firms

as soon as an application in the prescribed form with the prescribed fee and other relevant details is delivered to the Registrar of Firms

only after the Registrar of Firms records an entry of the statement in the Register of Firms to this effect

after giving the information to the Central Government in this regard

active partner

sleeping partner

nominal partner

all of these

undue influence

fraud

misrepresentation

coercion

money or money's worth

monetary consideration for the sale of goods

any consideration that can be expressed in terms of money

none of these

general offer

special offer

cross offer

counter offer

unilateral contract

bilateral contract

quasi contract

express contract

the buyer

the seller

both the buyer and the seller

the insurance company

invitation to treat an offer

mere communication of information in the course of negotiation

statement of intention

offer

specific goods

existing goods

future goods

generic goods

express or implied agreement

ratification

operation of law

all of these

is allowed in the interest of economy

is opposed to public policy and hence void

is not detrimental to any nation

is impossible because of perfect competition in today's scenario

where obligations are created without a contract

where obligations are created under a contract

out of natural causes

out of man-made causes

there are two parties to the contract

there are three parties to the contract

there should be at least two parties to the contract

there should be at least five parties to the contract

actual delivery

constructive delivery

symbolic delivery

none of these

right against the goods

right of stoppage in transit

right of resale

all of these

specific goods

existing goods

future goods

unascertained goods

owner of the goods

bailee of the goods

hirer of the goods

none of these

compulsory from the beginning

not compulsory till first five years of beginning of the partnership

not compulsory at all

compulsory only if the Registrar of Firms gives an order in this regard

dissolution of the partnership

revision of the partnership

reconsidering of the partnership

induction of a new partner to carry on the partnership

before he became a partner

after he became a partner

any time after even he ceases to be a partner and upto his death

before or after he became a partner

holds real authority over the other

holds apparent authority over the other

stands in a fiduciary relation to the other

all of these

by sale

by mortgage

by charge

all of these

Estate of B is liable for the act of the firm done after the death of B.

Estate of B is not liable for the act of the firm done after the death of B.

Estate of D is liable for the act of the firm done after the death of B.

D is liable for the act of the firm done after the death of B.

which is enforceable

which is legal

between two or more persons

the object of which is not prohibited by law

No since D P Tyre Co. Ltd was not a party to the contract.

No since only 5 tyres are involved and the amount is insignificant.

Yes as D P Tyre Co. Ltd is the producer of the tyres.

Yes as D P Tyre Co. Ltd sold the tyres to S who in turn sold to D.