CMA Foundation Ch 2 Unit 4 Capacity of Parties, Free Consent Quiz

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CMA Foundation Chapter 2 Unit 4 Capacity of Parties, Free Consent Quiz

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When both the parties to an agreement are under a mistake as to a matter of fact essential to an agreement, the agreement is:

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If both the parties to a contract believe in the existence of a subject, which infact does not exist, the agreement would be ________.

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Silence is fraud when silence is, in itself equivalent to speech. This statement is:

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A person is deemed to be in a position to dominate the will of another if he:

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If A sells, by auction to B a horse which A knows to be unsound and A says nothing to B about the horse’s unsoundness, this amounts to:

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A master asks his servant to sell his cycle to him at less than the market price. This contract can be avoided by the servant on grounds of:

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A threatens to shoot B, if B does not agree to sell his property to A at a stated price. B’s consent in this case has been obtained by ________.

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‘A’ threatened to commit suicide if his wife did not execute a sale deed in favour of this brother. The wife executed the sale deed. This transaction is:

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If consent in not free due to coercion, undue influence, fraud, and misrepresentation then the agreement is:

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While obtaining the consent of the promisee, keeping silence by the promisor when he has a duty to speak about the material facts, amounts to consent obtained by:

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With regard to the contractual capacity of a per-son of unsound mind, which one of the following statements is most appropriate?

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When a person, who is in dominating position, obtains the consent of the other by exercising his influence on the other, the consent is said to be obtained by:

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Lending money to a borrower, at high rate of interest, when the money market is tight renders the agreement of loan:

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“Active concealment of fact” is associated with which one of the following?

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An agreement made under mistake of fact, by both the parties, forming the essential subject matter of the agreement is:

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Unlawfully detaining or threatening to detain any property, to the prejudice of any person making him to enter into an agreement amounts to:

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An agreement caused by unilateral mistake of fact is:

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Where a person is in a position to dominate the will of another person and uses that position to obtain on unfair advantage it is called:

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A buys an article thinking that it is worth ₹ 100 when in fact it is worth only ₹ 50. There has been no misrepresentation on the part of the seller. The contract is:

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If the agreement is made by obtaining consent by doing an act forbidden by the Indian Penal Code, the agreement would be caused by:

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If there is no consent the agreement is:

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CMA Foundation Chapter 2 Unit 4 Capacity of Parties, Free Consent T/F

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A contract is not voidable only because there is a mistake of Indian law.

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Ignorance of foreign law is put on a same level with ignorance of fact.

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A promise made without any intention of performing it amounts to fraud.

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Undue influence can be exercised only between the parties who are related to each other.

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In case of fraud, the aggrieved party loses the right to rescind the contract if he had the means of dis-covering the truth by ordinary diligence.

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If there is no damage, there is no fraud.

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Undue influence can be exercised only by a party to the contract.

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Undue influence involves use of moral pressure.

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A threat amounting to coercion must necessarily proceed from a party to the contract.

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In the absence of consent, there can be no contract.

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A contract is not voidable merely because it was caused by one of the parties to it being under a mistake as to a matter of fact.

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Mere silence as to facts likely to affect the willingness of a person to enter into contract is not fraud.

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A person who is usually of unsound mind but occasionally of sound mind can always enter into contract.

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Consent obtained by fraud makes the agreement void.

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A threat to commit suicide does not amount to coercion.

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A deceit which does not deceive is no fraud.

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