Q. In case of void agreements, collateral transactions are
✅ Correct Answer: (C)
Not affected
Business Laws MCQs and Notes
Q. A contract is made where:
✅ Correct Answer: (D)
A sit in a public Omni bus.
Q. An agreement in restraint of marriage is valid incase of the following persons
✅ Correct Answer: (A)
Minors
Q. An agreement in restraint of marriage, ie, which prevents a person from marrying is
✅ Correct Answer: (C)
Void
Q. A agrees to pay Rs.50000 to B if he kills C. the agreement is
✅ Correct Answer: (A)
Void
Q. A agrees to pay Rs.5 lakhs to B procures an employment for A in Income Tax Department. This agreement is
✅ Correct Answer: (A)
Void
Q. The consideration or object of agreement is considered unlawful, if is
✅ Correct Answer: (D)
All of these
Q. A mistake as to law not in force in India has the same effect as;
✅ Correct Answer: (A)
Mistake of fact
Q. A contract made by mistake about some foreign law, is;
✅ Correct Answer: (A)
Void
Q. A contract made by mistake about Indian Law, is;
✅ Correct Answer: (B)
Valid