Mercantile Law Solved General Knowledge Multiple Choice Questions Answers

Mercantile Law Solved General Knowledge Multiple Choice Questions Answers

(i) Select the correct answer:
(a) Promisee and Offeree are one and same party
(b) Offeree is a party who propose an agreement while promisee accepts it
(c) None of these

(ii) Every agreement forbidding marriage of any adult person is void except of a minor:
(a) Yes (b) No (c) Partly correct (d) None of these

(iii) Can a contract executed in Saudi Arabia be enforced in courts in Pakistan?
(a) Yes (b) No (c) None of these

(iv) The effect of coercion on a contract is that the contract becomes:
(a) void (b) voidable (c) valid (d) None of these

(v) The members of partnership carrying out business of banking must not exceed:
(a) 10 (b) 20 (c) 50 (d) None of these

(vi) The minimum number of members required for forming private company is:
(a) 1 (b) 3 (c) 5 (d) None of these

(vii) The minimum number of members required for forming public company is:
(a) 7 (b) 50 (c) 5 (d) None of these

(viii) After its incorporation, the ordinary General Meeting of a company must be held within:
(a) One year (b) the year of incorporation
(c) Eighteen months from the date of incorporation (d) None of these

(ix) What type of tax is referred to in the sale of Goods Act, 1930?
(a) Income tax (b) Wealth tax (c) Customs duty
(d) Sales tax (e) None of these

(x) The carrier holds the goods in transit as:
(a) Trustee (b) Agent (c) Bailee (d) None of these

(xi) For how much days, a promissory note is entitled to days of grace to be at maturity when it is not
expressed to be either payable on demand or otherwise?
(a) 30 days (b) 15 days (c) 3 days (d) None of these

(xii) A promissory note is at maturity on Sunday, being public holiday. Whether such promissory note will be deemed to be due on:
(a) the next preceding business day (b) The next succeeding business day (c) None of these

(xiii) Can a minor become a payee of a negotiable instrument?
(a) Yes (b) No (c) Not himself but his guardian (B)

(xiv) Life Insurance Policy cannot be called in question by an insurer on the ground of inaccurate or false immaterial statement made in the proposal for insurance after:
(a) one year (b) two years (c) three years (d) None of these

(xv) Willfully making statement false in any document required under Insurance Act. 1938, shall be punishable with imprisonment upto:
(a) five years (b) four years (c) three years
(d) fine only (e) None of these

(xvi) Whether a minor can be appointed as nominee to Life Insurance Policy?
(a) Yes (b) No (c) His guardian only (d) None of these

(xvii) Caveat emptor:
(a) is a person who institutes pre-emption suit
(b) is seller who discloses defects in the goods being sold
(c) is the buyer who is supposed to be aware of the suitability of the goods (d) is owner of an empty cave (e) None of these

(xviii) Penalty provided for driving uninsured vehicle is:
(a) imprisonment upto 5 years and fine upto Rs. 1000/- or both
(b) imprisonment upto 1 year and fine upto Rs. 100/- or both
(c) Imprisonment upto 3 months or fine upto Rs. 500/- or with both
(d) fine upto Rs. 10000/- only
(e) none of these

(xix) Can a compoundable criminal case be referred to arbitration?
(a) Yes (b) No (c) None of these as only civil matters can be referred to

(xx) Within how much period, the arbitrators are legally required to make their award after entering on the reference?
(a) one month (b) two months (c) three months
(d) four months (e) None of these

Constitutional Law Multiple Choice Questions Answers Practice Test

Constitutional Law Multiple Choice Questions Answers Practice Test

1.The former USSR had 15 Union Republic

2. Presidium of the Supreme Soviet consisted of 23 members.

3. Switzerland has 23 Cantons.

4. Peer is the title for the members of House of Lords.

5. Cabinet Government thrives under the cloak of Ministerial Responsibility.

6. England can never be ruined except by a Cabinet .

7. Every Lord had a right to vote by proxy which was abolished in 1868.

8. Before Reduction of Power in both Houses Pears could only be tried by pears in cases of felony and treason.

9. The judicial Committee of Privy Council was set up by an Act of Parliament .

10. Country is the largest Local government division in England.

11. In France, Arrondissement do not play an important part in the system of Local Government.

12. The American Confederation of 13 States was created on 17 September, 1787 .

13. The American Constitution vested Residuary Powers with the States.

14. The American Sovereign is a sovereign who Rules .

15. In USA total number of electoral votes is always 538 .

16. The US President can declare war only with the consent of Senate

17. Committees are called as Mini legislatures.

18. Misuse of the privilege of unrestricted freedom of debate in US is known as Yellow Journalism .

19. The Objectives Resolution was passed by the 1st Constituent Assembly in 1949.

20. The present Constitution of Turkey (1982) was drafted by the Legislation.

Law Related Multiple Choice Questions Practice Test for Public Service Entrance Exam

Law Related Multiple Choice Questions Practice Test for Public Service Entrance Exam

(1) Valuable security is:

(a) money in cash (b) property (c) document affecting a legal right (d) none of these.

(2) Local law is applied to:

(a) a class of persons (b) a class of property
(c) to a Part of Pakistan (d) none of these.

(3) Fine is recoverable:

(a) within 12 years . . (b) within 6 years
(c) within 3 years … (d) none of these.

(4) Fabrication of false evidence is:

(a) making oral statement which is false
(b) conveying to the authorities information which is false (a) making a document containing a false statement (d) none of these.

(5) Criminal intimidation by anonymous complaint amounts to:

(a) an offence (b) does not amount to an offence (c) none of these.

(6) Shortest of the longest prescribed term of imprisonment in Penal Code is:

(a) Ten days (b) Five days
(c) Twenty four hours (d) none of these.

(7) Arrest of a person is made by:

(a) oral command (b) touching or confining the body -. (c) putting handcuffs (d) none of these.

(8) A warrant of arrest remains in force:

(a) indefinitely
(b) for a period of three years
(c) for a period of one year
(d) none of these-

(9) Cognizable offence is:

(a) offence punishable with imprisonment (b) offence punishable with fine (c) one in which arrest can be made without a warrant (d) None of these.

(10) Apology tendered by convicts:

(a) in no case leads to his discharge . (b) in all cases leads to his discharge (c) in some cases leads to his discharge (d) none of these.

(11) Pardon to an accomplice:

(a) exonerates him from the offence
(b) does not exonerate him from the offence
(c) exonerates him conditionally
(d) none of these.

(12) Civil Armed Forces means:

(a.) Police (b) Army-
(c) Pakistan Coast Guard (d) none of these

(13) Accomplice is a competent witness:

(a) in all cases (b) in no case
(c) Hadd cases (d) none of these

(14) Refreshing memory is:

(a) reading a writing of someone else (b) reading a writing made by himself (c) being reminded of events (d) none of these.

(15) Examination in chief is examination of a witness by:

(a) a police officer (b) the opposing party (c) the party who calls him (d) none of these.

(16) Hearsay is:

(a) statement made on the basis of record (b) statement made on the basis of personal knowledge (c) statement made on the authority of another (d) none of these.

(17) Primary evidence is:

(a) direct oral evidence (b) dying declaration
(c) the document itself (d) none of these

(18) Court includes:

(a) arbitrators (b) mediators
(c) conciliators (d) none of these

(19) Private documents are:

(a) registered documents the execution whereof is not disputed- (b) record of judicial proceedings (c) documents maintained by public servant under any law (d) none of these.

(20) Estoppel:

(a) bars a suit (b) bars a statement
(c) .bars prosecution (d) none of these