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101. |
As per-section 201, of the Contract Act an agency can be terminated by |
A. |
The principal revoking his authority |
B. |
The agent renouncing the business of the agency |
C. |
The completion of agency business |
D. |
All of above |
Answer: Option D
Explanation:
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102. |
An agent is bound to render proper account to ____ on demand |
A. |
His principal |
B. |
Sub-agent |
C. |
Creditor |
Answer: Option A
Explanation:
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103. |
Article 214 of the Contract Act, bound an agent to communicate with______ in cases of difficulty |
A. |
Sub-agent |
B. |
Principal |
C. |
Legal Advisor |
Answer: Option B
Explanation:
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104. |
Section_____ to_____ of the Contract Act, deals with principal's duty to agent |
A. |
Section 222, 225 |
B. |
Section 222, 230 |
C. |
Section 222, 235 |
D. |
All of above |
Answer: Option A
Explanation:
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105. |
Section 226, to last one of the Contract Act, deals with |
A. |
Effects of the agency upon the agent |
B. |
Effect of the agency upon the principal |
C. |
Effects of agency on contracts with third person |
D. |
None of above |
Answer: Option C
Explanation:
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