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Business Regulations MCQs: 167 Questions & Answers in Faculty

167 Business Regulations MCQs in Faculty with answers & explanations. Page 7. Practice objective questions for competitive exams, interviews & self-assessmen… Use the answer toggle below to show or hide all solutions, tap an option to check one question, or open a question for its own page.

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Business Regulations MCQs: 167 Questions & Answers in Faculty

A contract in which, under the terms of a contract, nothing remains to be done by either party is known as

Where the obligation in a contract is outstanding on the part of both parties, it is called

Where a contract has to be inferred from the conduct of parties, it is called

When the contract is perfectly valid but cannot be enforced because of certain technical defects. This is called

Contract is defined as an agreement enforceable by law, vide section . . . . . of the Indian Contract Act

Which of the following is not the mode of the lapse of an offer?

When the offers made by two persons to each other containing similar terms of bargain cross each other in post, they are known as

Goods displayed in a shop with a price label is

Price lists, catalogues, advertisements in newspapers and enquiries from customers are

When a person invites the other party to make an offer, he is said to make a/an

Terms of the offer must be

The offer made to a specific person or group of persons is known as a

The offer which is allowed to remain open for the acceptance over a period of time is known as a/an

A offers to sell his car on internet, it is

A proposal may consist of a promise for

The term privity of contract means

The consideration is to be moved sometime after the formation of a contract, it is known as

An agreement not supported by the consideration is called

A consideration may be

A consideration in a contract

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