Tag: business law and contract act
Questions Related to business law and contract act
An agreement for rendering services entered into by a father on behalf of his minor daughter is _______.
Demand Documentary Bill Limits _________.
Contract contingent upon the non- happening of an uncertain future event can be enforced __________.
Status quo obligations arise:
An agent who in receipt of extra commission gives guarantees to his principle that the purchaser of the goods on credit will pay for the goods, is called _____.
When certain circumstances compel a person to act as an agent for another without his express authority, this type of agency is known as ________.
Which of the following is an example of immaterial alteration in a negotiable instrument?
_______ does not effect the free consent of the parties.
M offers to sell his house to B for Rs. 36 Lakhs and states in his letter that the offer would be considered as accepted if acceptance is not communicated within a certain time. Here, the letter of M would _________.
G books a ticket with Indian Airlines from Delhi to Chennai on 16th June, date of travel being 16th July. Indian Airlines has to perform its part of contract on 16th July. This is an example of ________.