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  #1  
26th June 2015, 09:57 AM
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CA CPT Law Questions

I want to download CA CPT Mercantile Laws Sample Paper containing objective type questions with answers in PDF Format so can you provide me appropriate web address where I can download CA CPT Mercantile Laws Sample Paper?
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  #2  
12th July 2018, 08:30 PM
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Re: CA CPT Law Questions

Hi buddy here I am looking for CA CPT Law subject Questions paper so will you plz let me know from where I can get its sample question paper ??
  #3  
12th July 2018, 08:33 PM
Super Moderator
 
Join Date: Aug 2012
Re: CA CPT Law Questions

As you want here I am giving below CA CPT Law subject Questions paper on your demand :

Question 1:
In case of illegal agreements, the collateral agreements are ___________ .
(a) Valid
(b) Void
(c) Voidable
(d) None of these.
Ans. (b)
Question 2:
Which of the following is not disability of an unregistered firm?
(a) It cannot file a suit against third parties
(b) Its partners cannot file a suit against a firm.
(c) It cannot claim a set-off exceeding Rs. 100
(d) It cannot be sued by a third party.
Ans. (d)
Question 3:
Which of the following is false? An acceptance:
(a) Must be communicated
(b) Must be absolute and unconditional.
(c) Must be accepted by a person having authority to accept.
(d) May be presumed from silence of offeree.
Ans. (d)
Question 4:
Which of the following statement is false? Consideration:
(a) Must move at the desire of the promisor
(b) May move from any person.
(c) Must be illusory
(d) Must be of some value.
Ans. (c)
Question 5:
A void agreement is one which is
(a) Valid but not enforceable
(b) Enforceable at the option of both the parties.
(c) Enforceable at the option of one party
(d) Not enforceable in a court of law.
Ans. (d)
Question 6:
Which of the following statement is true?
(a) A contract with a minor is voidable at the option of the minor.
(b) An agreement with a minor can be ratified after he attains majority.
(c) A person who is usually of an unsound mind cannot enter into contract even when he is of a sound mind.
(d) A person who is usually of a sound mind cannot enter into contract when he is of unsound mind.
Ans. (d)
Question 7:
The law of contract in India is contained in
(a) Indian Contract Act, 1862
(b) Indian Contract Act, 1962
(c) Indian Contract Act, 1872
(d) Indian Contract Act, 1972
Ans. (c)
Question 8:
Which of the following statement is true?
(a) A threat to commit suicide does not amount to coercion.
(b) Undue influence involves use of physical pressure.
(c) Ignorance of law is no excuse
(d) Silence always amounts to fraud.
Ans. (c)
Question 9:
Which one of the following is not true?
(a) Document showing title is different from document of title.
(b) Bill of lading is a document of title to goods.
(c) Specific goods can be identified and agreed upon at the time of the contract of Sale.
(d) None of the above.
Ans. (d)
Question 10:
A proposal when accepted becomes a
(a) Promise
(b) Contract
(c) Offer
(d) Acceptance.
Ans. (a)
Question 11:
The Sale of Goods Act, 1930 deals with
(a) sale
(b) mortgage
(c) pledge
(d) all of the above.
Ans. (a)
Question 12:
Which one of the following is/are document of title to goods?
(a) railway receipt
(b) wharfingers certificate.
(c) warehouse keepers certificate
(d) all of the above
Ans. (d)
Question 13:
On the valid performance of the contractual obligations by the parties, the contract
(a) is discharged
(b) becomes enforceable
(c) becomes void
(d) none of these
Ans. (a)
Question 14:
Which one of the following is not an implied warranty?
(a) Warranty as to undisturbed possession
(b) Warranty as to existence of encumbrance
(c) Disclosure of dangerous nature of goods
(d) Warranty as to quality or fitness by usage of trade
Ans. (b)
Question 15:
A contract is discharged by rescission which means the
(a) change in one or more terms of the contract
(b) acceptance of lesser performance.
(c) abandonment of rights by a party
(d) cancellation of the existing contract.
Ans. (d)

16. In which form of the contract, the property in the goods passes to the buyer immediately:
(a) agreement to sell. (b) hire purchase. (c) sale (d) installment to sell.
Ans. (c)
17. A partnership at will is one:
(a) which does not have any deed (b) which does not have any partner
(c) which does not provide for how long the business will continue
(d) which cannot be dissolved.
Ans. (c)
18. A firm is the name of:
(a) The Partners (b) The minors in the firm.
(c) The business under which the firm carries on business (d) The collective name under which it caries on business.
Ans. (d)
19. Which of the following is not the right of a partner i.e., which he cannot claim as a matter of right?
(a) Right to take part in business. (b) Right to have access to account books.
(c) Right to share profits. (d) Right to receive remuneration.
Ans. (d)
20. Every partner has the right to:
(a) Take part in the business of the firm (b) To share exclusive profits
(c) To use the property of the firm for personal purposes (d) Pay taxes
Ans. (a)
21. Which of the following is false? An offer to be valid must:
(a) Intend to create legal relations. (b) Have certain & unambiguous terms.
(c) Contain a term the non-compliance of which would amount to acceptance.
(d) Be communicated to the person to whom it is made.
Ans. (c)
22. An agreement is void if it is opposed to public policy. Which of the following is not covered by heads of public
policy?

(a) Trading with an enemy. (b) Trafficking in public offices.
(c) Marriage brokerage contracts. (d) Contracts to do impossible acts.
Ans. (d)
23. A minors liability for necessaries supplied to him;
(a) Arises after he attains majority age. (b) Is against only minors property.
(c) Does not arise at all. (d) Arises if minor gives a promise for it.
Ans. (b)
24. Which of the following persons can perform the contract?
(a) Promisor alone. (b) Legal representatives of promisor.
(c) Agent of the promisor. (d) All of these.
Ans. (d)
25. Which of the following statement is true?
(a) Consideration must result in a benefit to both parties. (b) Past consideration is no consideration in India.
(c) Consideration must be adequate.
(d) Consideration must be something, which a promisor is not already bound to do.
Ans. (d)
26. Which of the following is not an exception to the rule No Consideration, No Contract?
(a) Compensation for involuntary services. (b) Love & Affection.
(c) Contract of Agency. (d) Gift.
Ans. (a)
27. Generally, which of the following damages are not recoverable?
(a) Ordinary damages. (b) Special damages. (c) Remote damages. (d) Nominal damages.
Ans. (c)
28. Which of the following is not an implied condition in a contract of sale?
(a) Condition as to title. (b) Condition as to description.
(c) Condition as to free from encumbrance. (d) Condition as to sample.
Ans. (c)
29. Which of the following is not a form of delivery?
(a) Constructive delivery. (b) Structured delivery. (c) Actual delivery. (d) Symbolic delivery.
Ans. (b)
30. Doctrine of Caveat Emptor means
(a) let the seller beware. (b) let the buyer beware.
(c) let the creditor beware. (d) none of the above.
Ans. (b)
31. Mercantile Agent is having an authority to
(a) sell or consign goods. (b) raise money on the security of goods.
(c) sell or buy goods. (d) any of the above.
Ans. (d)
32. A mistake as to a law not in force in India has the same effect as:
(a) mistake of fact (b) mistake of Indian law (c) fraud (d) misrepresentation
Ans. (a)
33. A, B and C jointly promised to pay Rs. 60,000 to D. Before performance of the contract, C dies. Here, the contract
(a) becomes void on Cs death.
(b) should be performed by A and B along with Cs legal representatives.
(c) should be performed by A and B alone. (d) should be renewed between A, B and D.


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