FYBMS SEM I B.LAW  SAMPLE MCQ 
              Question                                                              Option 1                Option  2
              Law implies _________ which are developed for 
              regulating human conduct                                              behavior                  rules
              __________ refers to the body of rules that determines 
              the rights and obligations of individuals.                        Substantive law          procedural law
              When British rules India, they made _____________                     customs               English laws
              The constitution has empowered to declare _________ 
              types of emergencies viz. ____________, state and 
              financial.                                                          international              foreign
              ___________= Agreement + enforceability by law                        Contract                Consent
              ______________ means something in return.                             Proposal             consideration
              ____________ means right to express one's conviction & 
              opinion freely .                                               Freedom of asseFmrebelydom of speech and expression
              __________ is the essential of valid contract.                        Certainty           undue influence
              __________ is the apex court in the country established 
              in accordance with constitution of India.                          Supreme Court             High Court
              ____________ contract is enforceable by law                           Voidable                  void
               "Goods" according to the sale of goods act means any 
                                                                                    Movable               Consumable
              property which is ______
              ___ includes bill of lading, dock warrant, railway receipt 
                                                                               Payment ReceiptsDocument of title of goods
              etc.
              Sale is an ____ contract                                             Organized                Executed
              When the goods are physically delivered to buyer it is 
                                                                                 Actual delivery          All of above
              called___
              ___ goods owned and possessed by seller at the time of 
                                                                             Non perishable goods        Existing Goods
              sale
              ____ document is issued by dock owner                               Dock warrant            bill of lading
               General property means____                                            Money                    Goods
              ____ means monetary consideration for a sale of goods                   Price                 Product 
              Bill's of exchange is a ________                                       writing         negotiable instrument
              The order to pay must be __________                                  conditional           unconditional
              ___ types of crossing cheque                                              3                       4
               Use of _____-has become inevitable in business & in 
                                                                                   Knowledge        Information technology 
              personal life.
              Any _____for the sale or conveyance of immovable 
              property or any interest in such property                             Contract              Agreement 
              Right to lien means____                                            right to retain      Right to compliant 
              ____ term include actual sale and agreement to sale.                   Buying             contract of sale
                     Option 3                Option 4                 Answer
                     objectives                input                    rules
                     Contract               agreement             Substantive law
                      culture           none of the above           English laws
                      national                natural                 national
                   Constitution           Consideration               Contract
                      parties                consent               consideration
           Freedom to form associatioFren edom to move freFreelyedom of speech and expression
                   misrepresent              mistake                  Certainty
                   District Court         Criminal Court           Supreme Court
                       valid                  illegal                   valid
                      Visible                 Usable                  Movable
                  Bill of exchange         bill of goods     Document of title of goods
                  non monetary              Monetary                  Executed
              Constructively delivery    Symbolic delivery         Actual delivery
                   Future Goods          Perishable Goods          Existing Goods
                  Dock Certificate        Delivery order           Dock warrant
                     Ownership             All of above              Ownership
                      Money                   Goods                     Price
            non negotiable instrument          oral            negotiable instrument
                    unreserved                entire               unconditional
                         2                       5                       3
                     memory                   Power           Information technology 
                        List                  Action                  contract 
                  right to return          right to sell          right to retain
                   All of these        Contract of auction        contract of sale