Business Accounting/Business Law solved MCQs Set 2 Sample Test,Sample questions

Question:
 The condition for quality or fitness is ?

1.Implied warranty

2. Implied condition

3.Express warranty

4. None of these


Question:
According to the Sale of Goods Definition Section 2(7) the word goods meanings are?

1.All type of properties

2.Property without actionable claims & money

3.All type of movable properties

4.All type of movable property, without actionable claims & money


Question:
Consideration can be defined as…

1.Income

2.Benefit

3.Profit

4.All of these


Question:
In sale contract , the parties make statement which is known as…..

1.Promises

2.Stipulations

3.Agreement

4.None of these


Question:
The act of agent on behalf of principal is?

1. Intention

2.Consideration

3.Policy

4.None of these


Question:
The condition on title is an example of…..

1.Express condition

2.Express warranty

3. Implied warranty

4.None of these


Question:
The contract of sale made by?

1.May be implied from the conduct of the parties

2.In writing

3.All of the above

4. None of these


Question:
The goods which are contingent is part of……

1.Unascertained

2.Ascertained

3.Future

4.Existing


Question:
The person who is representator of agent is…..

1.Principle

2.Middle man

3.Principal

4.None of these


Question:
The warranty of quiet possession is?

1.Express warranty

2.Express condition

3.Implied condition

4.All of the above


Question:
When agency is ratified it must communicated with…

1. Principal

2.Third party

3.Agent

4.All of the above


More MCQS

  1. Business Accounting MCQ
  2. Business Law solved MCQs Set 1
  3. Business Law solved MCQs Set 2
  4. Basic Accounting Multiple-Choice Questions (MCQs)
  5. Business Accounting MCQ
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