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Business Law (India) Practice Test Questions
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Business law is also known as commercial law or corporate law. Business law governs the rights, relationships, and behaviour of businesses and individuals engaged in commerce, merchandising trade, and sales. It deals with private and public law issues and is sometimes seen as a branch of civil law.

Business law courses cover contract laws, manufacturing and sales laws, and also hiring practices and ethics.

Business Law (India) Practice Test Questions
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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 court may grant rescission were the contract is __________.
3. If the contract is silent as to the party who is to appropriate the goods__________
4. In which year IRDA Act passed in __________
5. Gives the buyer only a right to claim damages is known as___________.
6. The doctrine of caveat emptor applies______________
7. An agreement to do an act impossible in itself__________.
8. An agreement to do an act impossible in itself_________.
9. An advertisement to sell a thing by auction is _____________.
10. A seller delivers goods in excess of the quantity ordered for. The buyer may_______.
11. The contract of indemnity is a _____________
12. A specific offer can be accepted by ______
13. In a sale, the property in goods_______________
14. An unpaid seller can excise the right of stoppage in transit when the carrier holds the goods ____________.
15. Ordinary damages are damages which _____________
16. An unpaid seller can excises his rights of lien ___________.
17. The measure of damages in case of breach of a contract is the difference between the _______________.
18. The case of Taylor V. Coldwell, (188c. 3 B & S. 8b.6) deals with.
19. If a new contract is substituted in place of an existing contract, it is called________.
20. A person who is not a party to contract _____________.
21. There is a constrictive delivery of goods ___________.
22. In a sale, the property in goods_____________________
23. When there is n specific agreement as to place, the goods sold are to be delivered at the place__________.
24. The contractual capacity of a company is regulated by_____________.
25. An agreement made with an alien enemy is _________.

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