Practice Library
All MCQs
Browse exam-wise, subject-wise, and country-wise MCQs with explanations.
Choose an option to check your answer.
A.
Timing can never matter
B.
A debtor must perform the obligation in the manner, time and place required by the obligation and law
C.
Performance may ignore the agreed subject
D.
Partial performance always discharges every debt
Show Answer
Correct Answer: B. A debtor must perform the obligation in the manner, time and place required by the obligation and law
Explanation:
Proper performance satisfies the obligation.
Choose an option to check your answer.
A.
Performance may ignore the agreed subject
B.
Partial performance always discharges every debt
C.
Timing can never matter
D.
A debtor must perform the obligation in the manner, time and place required by the obligation and law
Show Answer
Correct Answer: D. A debtor must perform the obligation in the manner, time and place required by the obligation and law
Explanation:
Proper performance satisfies the obligation.
Choose an option to check your answer.
A.
Partial performance always discharges every debt
B.
Timing can never matter
C.
Performance may ignore the agreed subject
D.
A debtor must perform the obligation in the manner, time and place required by the obligation and law
Show Answer
Correct Answer: D. A debtor must perform the obligation in the manner, time and place required by the obligation and law
Explanation:
Proper performance satisfies the obligation.
Choose an option to check your answer.
A.
Authority is presumed without limit
B.
A purported transaction beyond authority does not automatically bind the principal without a recognised basis such as ratification or protection of reliance
C.
Ratification has no legal significance
D.
Every unauthorised act binds the principal
Show Answer
Correct Answer: B. A purported transaction beyond authority does not automatically bind the principal without a recognised basis such as ratification or protection of reliance
Explanation:
The effect depends on authority, ratification and third-party protection rules.
Choose an option to check your answer.
A.
Authority is presumed without limit
B.
A purported transaction beyond authority does not automatically bind the principal without a recognised basis such as ratification or protection of reliance
C.
Ratification has no legal significance
D.
Every unauthorised act binds the principal
Show Answer
Correct Answer: B. A purported transaction beyond authority does not automatically bind the principal without a recognised basis such as ratification or protection of reliance
Explanation:
The effect depends on authority, ratification and third-party protection rules.
Choose an option to check your answer.
A.
A purported transaction beyond authority does not automatically bind the principal without a recognised basis such as ratification or protection of reliance
B.
Every unauthorised act binds the principal
C.
Ratification has no legal significance
D.
Authority is presumed without limit
Show Answer
Correct Answer: A. A purported transaction beyond authority does not automatically bind the principal without a recognised basis such as ratification or protection of reliance
Explanation:
The effect depends on authority, ratification and third-party protection rules.
Choose an option to check your answer.
A.
Authority is presumed without limit
B.
Ratification has no legal significance
C.
Every unauthorised act binds the principal
D.
A purported transaction beyond authority does not automatically bind the principal without a recognised basis such as ratification or protection of reliance
Show Answer
Correct Answer: D. A purported transaction beyond authority does not automatically bind the principal without a recognised basis such as ratification or protection of reliance
Explanation:
The effect depends on authority, ratification and third-party protection rules.
Choose an option to check your answer.
A.
Authority is presumed without limit
B.
A purported transaction beyond authority does not automatically bind the principal without a recognised basis such as ratification or protection of reliance
C.
Ratification has no legal significance
D.
Every unauthorised act binds the principal
Show Answer
Correct Answer: B. A purported transaction beyond authority does not automatically bind the principal without a recognised basis such as ratification or protection of reliance
Explanation:
The effect depends on authority, ratification and third-party protection rules.
Choose an option to check your answer.
A.
An agent always acts only for themself
B.
Authority has no limit
C.
The principal can never be bound
D.
An authorised agent can create legal effects for the principal within the scope of authority
Show Answer
Correct Answer: D. An authorised agent can create legal effects for the principal within the scope of authority
Explanation:
Agency connects authorised conduct with the principal.
Choose an option to check your answer.
A.
Authority has no limit
B.
The principal can never be bound
C.
An agent always acts only for themself
D.
An authorised agent can create legal effects for the principal within the scope of authority
Show Answer
Correct Answer: D. An authorised agent can create legal effects for the principal within the scope of authority
Explanation:
Agency connects authorised conduct with the principal.
Choose an option to check your answer.
A.
An authorised agent can create legal effects for the principal within the scope of authority
B.
An agent always acts only for themself
C.
Authority has no limit
D.
The principal can never be bound
Show Answer
Correct Answer: A. An authorised agent can create legal effects for the principal within the scope of authority
Explanation:
Agency connects authorised conduct with the principal.
Choose an option to check your answer.
A.
Authority has no limit
B.
An authorised agent can create legal effects for the principal within the scope of authority
C.
The principal can never be bound
D.
An agent always acts only for themself
Show Answer
Correct Answer: B. An authorised agent can create legal effects for the principal within the scope of authority
Explanation:
Agency connects authorised conduct with the principal.
