Laws of Agency Quizlet:
Ques. Which type of agency is created in relation of husband – wife ?
(a) Agency of implication
(b) Agency of estopple
(c) Agency of necessity
(d) Agency of appointed
Ques. When agent is liable to pay compensation to principal ?
(a) Negligence
(b) Misconduct
(c) Giants of skills
(d) All the choices incorporated here
Ques. The liability of pretended agent is know as __
(a) liability by holding out
(b) liability created by law
(c) liability by rectification
(d) liability of relation
Ques. To create an agency ……….. is not required
(a) principal
(b) third party
(c) agent
(d) consideration
Related: spot the error exercise
Ques. To whom the agent is responsible ?
(a) Contractor
(b) None of these
(c) Sub Agent
(d) Principal
Ques. Who creates the contractual relation between two parties ?
(a) Principal
(b) Co-Agent
(c) Broker
(d) Agent
Ques. A person employed to do any and represent is called ………..
(a) principal
(b) servant
(c) agent
(d) owner
Ques. ……….. agents gets extra remuneration.
(a) General Agent
(b) Broker
(c) Sub Agent
(d) del credere
Related: Analogy (Reasoning) Practice Question Paper
Ques. The power given to agents is ………..
(a) expressed & implied
(b) reasonable & unreasonable
(c) legal & illegal
(d) all of these
Ques. Who can become an agent ?
(a) Minor
(b) Both Minor & Adult
(c) Adult person
(d) Dead person
Ques. Which acts can be rectified by principal ?
(a) Illegal acts
(b) Criminal acts
(c) Void acts
(d) Legal acts
Ques. How the agency is create ?
(a) by ratification
(b) by necessity
(c) by implication
(d) by all following methods
Related: Sales of Goods Act MCQ
Ques. Auctioneer agent gets ……….. lien.
(a) general
(b) none of these
(c) particular
(d) special
Ques. On which name the factor agent has right to sale the goods ?
(a) By seller or buyer name
(b) By name of seller
(c) By name of purchaser
(d) His own name
Ques. Can principal rectify the tortuous acts ?
(a) No
(b) Yes
(c) Sometimes
(d) As per circumstance
Ques. Broker who does only the work of insurance called __
(a) general agent
(b) del crader agent
(c) special agent
(d) commission agent
Related: Fundamental Right of Every Citizen of India
Ques. Who appoints sub agent ?
(a) Principal
(b) Main agent
(c) Servant
(d) Owner
Ques. Which Guarantee is given by del credere agent ?
(a) Solvency of purchaser
(b) Solvency of Agent
(c) Own Solvency
(d) Solvency of seller
Ques. On whose insolvency the agency is terminated ?
(a) Sub agent
(b) Del credere
(c) Agent
(d) Principal
Ques. Whose interest involved in Agency coupled with agency ?
(a) Principal
(b) Main agent
(c) Third party
(d) Sub agent
Related: Contracts of Indemnity and Guarantee MCQ
Ques. Can minor appoint an agent ?
(a) Under Specific circumstances
(b) Always
(c) Never
(d) Sometimes
Ques. Under which circumstances agent become personally responsible ?
(a) fraudulent transactions
(b) ultra virus
(c) fraud
(d) All as under
Ques. To whom the acts of agent are binding ?
(a) Del – Creader
(b) Sub agent
(c) Third party
(d) Principal
thank you for that sir
Nice!! I enjoyed it a lot
I wouldn’t had gotten some answers correct without your support; i appreciate it.
Nice questions
Thanks for the great information! I would not have gotten this by myself!