Business Law mcqs

A contract in which the consent of one party is 1 point missing and is enforceable by law at the option of both the parties is called O void contract O voidable O void agreement Option 4 O none of the above HADI AND ALI MADE A SALES CONTRACT. HADI 1 point IS RICH MAN AND OWNS ALOT OF ASSETS . ALI SUPPLIED SOME NECESSARIES TO HADI. BUT AT THE TIME OF PAYMENT HADI REFUSED AND CLAIMED THAT DUE TO OVER DOSE OF DRUGS HE COULDN'T UNDERSTAND WHAT HE WAS DOING AND THATALI CANNOT LEGALLY CLAIM ANY PAYMENT FOR NECESSARIES. HADI'S CLAIM IS O TRUE O FalseSUNNY IS AN ORPHAN AND MINOR. HE AND HIS 1 point CUSTODIAN ARE WAITING FOR HIS 18TH BIRTHDAY , WHICH IS ON 6TH JUNE. SO THAT HE BE LEGALLY ELIGIBLE FOR SELLING OUT HIS PROPERTY. O TRUE O False A CONTRACT WHICH IS AN OBLIGATION BY 1 point LAW, BOUND BY MORALITY IS CALLED O unenforceable contract O wagering agreement O quasi agreement O NONE OF THE ABOVERIZWAN MADE AN OFFER THROUGH A LETTER 1 point TO AZHAR TO PROVIDE HIM WITH 400 UNITS OF OFFICE FURNITURE. THIS OFFER IS COMPLETED AND COMMUNICATED O WHEN RIZWAN WROTE IT O WHEN RIZWAN POSTED IT O WHEN AZHAR RECIEVES IT AZAN OFFERS FAHAD ON A TELEPHONE CALL 1 point THAT HE WANTS TO SELL HIS CAR TO FAHAD FOR 6 LAKHS . FAHAD AGREES TO THE OFFER. ITS A -_ CONTRACT O EXECUTED CONTRACT O VOIDABLE O IMPLIED CONTRACT O NONE OF THE ABOVE