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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. In case of wrongful dishonour of a cherub by a banker having sufficient fund to the credit of the customer, the court nay award
2. The collateral transaction to an illegal agreement are_________.
3. The term property as used in the Sale of Goods Act, 1930 means_____________
4. The position of a finder of lost goods is that of a ______________
5. How many parties are there to a Promissory note?
6. The contract of indemnity is a _____________
7. The position of a finder of lost goods is that of a ______________
8. Where both the parties to an agreement are under a mistake as a matter of fact essential to the agreement, the agreement is
9. The measure of damages in case of breach of a contract is the difference between the _______________.
10. A specific offer can be accepted by ______
11. A seller delivers goods in excess of the quantity ordered for. The buyer may_________
12. Which of the relationships raise presumption of undue influence _____
13. A bailee fails to return the goods according to the bailers direction. He takes reasonable care of the goods but still the goods are lost. The loss will fall on____________________
14. In a sale, if the goods are destroyed, the loss falls on________________
15. A who ooze 10,000 to B dies living and estate of Rs 6,000. The legal representatives of A are _______________.
16. An agreement not enforceable by law is said to _____________.
17. An advertisement to sell a thing by auction is _____________.
18. Where the deports does not expressly intimate or were the circumstances attending on the payment do not indicate any intention, the creditor __________.
19. The contractual capacity of a company is regulated by_____________.
20. A person who is not a party to contract _____________.
21. The contract of indemnity is a _____________
22. A bailer is a _________
23. Where the neglected or refusal of the buyer to take delivery of goods amounts to a repudiation of the contract, the seller may sue for the __________.
24. On the face of the ticket for a journey the words for conditions see back are printed in a small print. The passenger _____________.
25. Ordinary damages are damages which _____________