Home > Marketing Management 101 > Quizzes > Business Law (India) Practice Test Questions
Business Law (India) Practice Test Questions
Fast practice, instant feedback. Timer auto-submits when time’s up.
Avg score: 0% Most missed: “An unpaid seller has not given notice of resale to the buyer. On the resale ther…”

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
Time left 00:00
25 Questions

1. A seller delivers goods in excess of the quantity ordered for. The buyer may_______.
2. The measure of damages in case of breach of a contract is the difference between the _______________.
3. A person is usually of unsound mind, but occasionally of sound mind_____________.
4. Each party is a promisor and a promise in case of
5. The measure of damages in case of breach of a contract is the difference between the _______________.
6. Which of the following is not an implied condition in a contract of sale _________.
7. A specific offer can be accepted by ______
8. An unpaid seller can excises his rights of lien ___________.
9. Unless otherwise agreed, where goods are sent by the seller to the buyer by a route involving a sea transit of the seller____
10. Anticipatory breach of a contract takes place _____________
11. 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________.
12. In a sale, if the goods are destroyed, the loss falls on________________
13. A condition is a stipulation which is____________.
14. A seller delivers goods in excess of the quantity ordered for. The buyer may_________
15. The term property as used in the Sale of Goods Act, 1930 means_____________
16. In a hire purchase agreement, the hirer ____________.
17. There is a constructive delivery of goods_____________
18. 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____________________
19. Where there is a contract for the sale of unascertained goods, the property in goods___________.
20. In a sale, the property in goods_____________________
21. If a price is not determined by the parties in a contract of sale, the buyer is bound to pay________________
22. In case of breach of a warranty, the buyer can__________
23. The doctrine of caveat emptor applies______________
24. In an agreement to sell, the seller can sue for price if_____________.
25. If the goods are rejected by the buyer and the carrier or the bailee continuous to be in possession of them the transit ________.