HomeQuizzes & SurveysCSEET Legal Aptitude Questions CSEET Legal Aptitude Questions CSEET Legal Aptitude Questions - Part 6 CSEET Mock Test These MCQs are based on reference material of Legal Aptitude issued by ICSI. To practice more CSEET questions with answers, visit here https://deepgyan.com/cseet-mock-test-cseet-mcq-pdf-multiple-choice-questions/. On Deep Gyan we provide free CSEET Video Classes, Free CSEET Notes and CSEET Mock Test. Join our Telegram group for free Notes/Videos/MCQs of CSEET: https://t.me/deepgyancseet Please fill the following information. This will help us to avoid spam and recognize genuine CSEET students. Name Email Mobile Which of the following is true? Consideration must result in benefit to both party Past consideration is no consideration in India. Consideration is adequate Consideration must be something, which a promisor is not bound to do Which of the following statement is false? Consideration Must move at desire of the promise May move from any person Must be illusionary Must be of some value Which of the following is true? There can be a stranger to a contract There can be a stranger to a consideration TThere can be a stranger to contract and consideration None of above Consideration in simple term means – Anything in Return Something in Return Everything in Return Nothing in Return Which of the following statement is false- Generally, a stranger to a contract cannot sue A verbal promise to pay a time barred debt is valid Completed gifts need no consideration No consideration is necessary to create an agency. A Gratuitous Promise can – Be enforced Not be enforced Be enforced in court of law None of the above Ordinarily, a minor’s agreement is Void ab initio Voidable Valid Unlawful A minor’s liability for ‘necessaries’ supplied to him – Arises after he attains majority age Is against only minor’s property Does not arises at all Arises if a minor promises for it. Which of the following statement is not true abut minor’s position in a firm? He cannot became a partner He can became a partner He can be admitted only to the benefits He can became a partner after majority attaining Which of the following statement is true ? A contract with a minor is voidable at option of minor An agreement with a minor can be ratified after he attains majority A person who is usually of unsound mind cannot enter into a contract when he is of sound mind A person who is usually of sound mind cannot enter into a contract when he is of unsound mind When the consent of both the parties is given by mistake, the contract is Void Valid Voidable Illegal The contract is void on account of bilateral mistake of fact, but if there is a mistake of only one party, then contract is- Void Valid Voidable Illegal A contract made by mistake about Indian law is- Void Valid Voidable Illegal A mistake as to law not in force in India has the effect as- Mistake of fact Mistake of Indian law Fraud Misrepresentation In case of innocent misrepresentation – Contact become voidable and damages are payable Contract become voidable and damages are not payable Contract become valid and damages are payable Contract remains valid and damages are not payable In case of willful misrepresentation or fraud- Contact become voidable and damages are payable Contract become voidable and damages are not payable Contract become void and damages are payable Contract remains void and damages are not payable Consent is not said to be free when it is cause by- Coercion Undue influence Fraud All of the above When the consent of a part is obtained by fraud, the contract is- Void Voidable Valid Illegal Moral purpose is involved in case of Coercion Undue influence Misrepresentation Fraud Time is Up!