Bussines law mcqz
NAILA TOOK PART INTO A LOCAL QUIZE 1 point CONTEST ARRANGED BY A PRIVATE FIRM. WHERE SHE WAS ASKED A FEW QUESTIONS. SHE ANSWERED THEM RIGHT AND QUALIFIED INTO 2ND ROUND WHERE ALL THOSE WHO ANSWERED CORRECTLY WOULD BE QUALIFIED FOR A LUCKY DRAW. LUCKILY HER NAME WAS ANNOUNCED IN THE DRAW AND SHE WON THE PRIZE. SINCE THE PRIZE WAS BASED ON HER IQ IT WAS A VALID TRANSACTION BY LAW O TRUE O FALSE NAHYAN A 16 YEARS OLD, SCAMED AZMAT BY 1 point SELLING HIM A PROPRTY THAT DOESNT BELONGED TO HIM. WILL NAHYAN BE ACCOUNTABLE FOR HIS FRAUD BY LAW? YES NoASLAM OFFERS TO BUY ASAD'S HOUSE FOR 80 1 point LAKHS. ASAD MAKES ANOTHER OFFER OF 1 CRORE O THIS TERMINATES THE DEAL O THE COUNTER OFFER MADE IS INVALID O THE FIRST OFFER TERMINATES AND SECOND IS VALID IF ACCEPTED SANA CONTACTED FARAH AND OFFERED HER, 1 point HER CAR FOR 11 LAKHS. FARAH ASKED FOR SOME TIME TO THINK OVER SANA'S OFFER. MEANWHILE SANA GOT A BETTER OFFER OF 12.5 LAKHS FOR HER CAR FROM ALI. NOW SHE WANTS TO ACCEPTS ALI'S OFFER. SHE CAN --- NOT REVOKE HER OFFER AND WAIT TIL O FARAH RESPONDS TO HER OFFER REVOKE HER OFFER BEFORE FARAH O COMMUNICATES HER ACCEPTANCE ACCEPTS ALI'S OFFER WITHOUT O INFORMING FARAHA OFFERED TO BUY A BYCYCLE FROM B AND 1 point REQUESTED HIM TO SEND ACCEPTANCE BY THE PERSON WHO BROUGHT THE ORDER . B SENT HIS ACCEPTANCE BY POST. HELD A IS BOUND BY THE ACCEPTANCE O TRUE O False SARA IS 20 YEARS OLD. HER PARENT PASSED 1 point AWAY AN YEAR AGO. SHE WANTS TO PURCHASE SHARES OF A FIRM BUT COULD NT AS AN ORPHAN SHE'S STILL MINOR. O TRUE O False THE OFFEREE IS NOT BOUND BY THE LETTER OF 1 point TILL IT REACHES THE OFFERROR O REVOCATION O ACCEPTANCE O OFFERANCE O ALL 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 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 FalseFURQAN OFFERED A PURCHASE OF 10 UNITS OF 1 point 10 UNITS OF MACHINERY FROM ASAD BUT BEFORE ASAD COULD ACCEPTS THE OFFER ASAD PASSED AWAY. IS THE LEGAL REPRSENTATIVE OF ASAD BOUND TO ACCEPT OR IGNORE THE OFFER O YES HE MUST No HE CANNOT O NONE OF THE ABOVE AN AGREEMENT WHICH IS MADE TO HELP THE 1 point PERFORMANCE OF ANY WAGERING AGREEMENT IS ALSO INVALID AND ANY AGREEMENT WHICH IS MADE TO HELP THE PERFORMANCE OF AN AGREEMENT IS A COLLATERAL AGREEMENT. TRUE False
