Law sample papers

Law of Agency Exam Questions and Answers

law of agency sample paper

Law of Agency Act MCQs

Question 1
When agent is liable to pay compensation to principal ?
A
Giants of skills
B
All the choices incorporated here
C
Negligence
D
Misconduct
Question 2
……….. agents gets extra remuneration.
A
Del – crader
B
Sub Agent
C
Broker
D
General Agent
Question 3
The liability of pretented agent is know as ………..
A
liability by holding out
B
liability of relation
C
liability by rectification
D
liability created by law
Question 4
A person employed to do any and represent is called ………..
A
servant
B
owner
C
principal
D
agent
Question 5
Auctioneer agent gets ……….. lien.
A
general
B
particular
C
none of these
D
special
Question 6
Can principal rectify the tortuous acts ?
A
No
B
Sometimes
C
As per circumstance
D
Yes
Question 7
To whom the agent is responsible ?
A
Sub Agent
B
Principal
C
Contractor
D
None of these
Question 8
On which name the factor agent has right to sale the goods ?
A
By name of purchaser
B
By seller or buyer name
C
His own name
D
By name of seller
Question 9
To create an agency ……….. is not required
A
principal
B
consideration
C
third party
D
agent
Question 10
Which type of agency is created in relation of husband – wife ?
A
Agency of necessity
B
Agency of appointed
C
Agency of estopple
D
Agency of implication
Question 11
Who can become an agent ?

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A
Minor
B
Both Minor & Adult
C
Dead person
D
Adult person
Question 12
To whom the acts of agent are binding ?
A
Third party
B
Sub agent
C
Principal
D
Del – Creader
Question 13
Under which circumstances agent become personally responsible ?

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A
fraud
B
fraudulent transactions
C
ultravirus
D
All as under
Question 14
Who creates the contractual relation between two parties ?
A
Broker
B
Principal
C
Agent
D
Co-Agent
Question 15
On whose insolvency the agency is terminated ?
A
Sub agent
B
Principal
C
Agent
D
Del credere
Question 16
Under sec – 185 is consideration necessary to create agency ?
A
As per contract
B
According to circumstances
C
Yes
D
No
Question 17
Which acts can be rectified by principal ?

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A
Illegal acts
B
Criminal acts
C
Legal acts
D
Void acts
Question 18
How the agency is create ?
A
by all following methods
B
by necessity
C
by ratification
D
by implication
Question 19
Broker who does only the work of insurance called ………..
A
del crader agent
B
commission agent
C
special agent
D
general agent
Question 20
The power given to agents is ………..
A
all of these
B
reasonable & irresonable
C
legal & illegal
D
expressed & implied
Question 21
Who appoints sub agent ?

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A
Owner
B
Principal
C
Servant
D
Main agent
Question 22
Can minor appoint an agent ?
A
Sometimes
B
Always
C
Under Specific circumstances
D
Never
Question 23
Whose interest involved in Agency coupled with agency ?
A
Principal
B
Sub agent
C
Third party
D
Main agent
Question 24
Which Guarantee is given by Del – creader agent ?

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A
Solvency of purchaser
B
Own Solvency
C
Solvency of seller
D
Solvency of Agent
There are 24 questions to complete.
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Vishal Arora

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