Business Law Basics
Fast practice, instant feedback. Timer auto-submits when time’s up.
Avg score: 21% • Most missed: “Which of the relationships raise presumption of undue influence _____”
Business Law Basics
Time left 00:00
25 Questions

1. If a price is not determined by the parties in a contract of sale, the buyer is bound to pay________________
2. The gratuitous bailer is liable to the bailer for the defects in the goods bailed_______________
3. Ordinary damages are damages which _____________
4. A who ooze 10,000 to B dies living and estate of Rs 6,000. The legal representatives of A are _______________.
5. . When there is n specific agreement as to place, the goods sold are to be delivered at the place__________.
6. In a sale, the property in goods_____________________
7. An unpaid seller has not given notice of resale to the buyer. On the resale there is a loss____________.
8. If the contract is silent as to the party who is to appropriate the goods__________
9. Promises forming consideration for each other are known as
10. If a sale is by sample as well as by description, the implied condition is that the goods shall correspond with_______________
11. Risk follows ownership__________
12. Which of the following is not an implied condition in a contract of sale _________.
13. In an agreement to sell, the seller can sue for price if_____________.
14. . In the case of breach of a warranty, the buyers can __________.
15. If sale is by sample as well as by description, the implied condition is that the goods shall correspond with ____________.
16. Sale of goods for cash is an example of__________.
17. Where there is an unconditional contract for the sale of specific goods in a deliverable state, the property in the goods passes to the buyer when_______________
18. A specific offer can be accepted by ______
19. The term property as used in the Sale of Goods Act, 1930 means_____________
20. The main objective of a contract of sale is ______________.
21. An unpaid seller can excises his rights of lien ___________.
22. In which year IRDA Act passed in __________
23. Anticipatory breach of a contract takes place _____________
24. The measure of damages in case of breach of a contract is the difference between the _______________.
25. A contract by an idiot is_____________.

⚡ Recently practiced quizzes in this topic
Live quiz activity
Advanced Financial Management Principles And Practices Of Modern Banking Business Communications Corporate Finance Practice Test Financial Management Quiz Foreign Exchange Management Test Investment Management Quiz Project Appraisal And Finance Principles Of Auditing Office Automation Tools
 
❤ If you liked Fatskills, consider supporting us by checking out The Life Manuals You Never Got.

🌈  Our mission is to help improve your scores in any subject and exam withonline quizzes, practice tests, study guides, & advice for students. Since 2018.
About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | OSHA Basics Quiz | What Should We Know?
Privacy | Terms |
Without work one finishes nothing. - Ralph Waldo Emerson
© 2026 Fatskills.com

All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.