An acceptance may be revoked at any time before the communication of its acceptance is complete:

A clause of one Special Voluntary Retirement Package (SVRP) stated inter alia that once option is made, the employee making the offer cannot withdraw it. Section 5 of the Contract Act states that an acceptance may be revoked at any time before the communication of the acceptance is complete as against the acceptor, but not afterwards. Decide which of the following is true?

A

The provisions of the Section 5 shall have effect always

B

The provisions of SVRP shall be enforceable since it is statutory in nature

C

Both may be made applicable at the same time

D

Since SVRP is a matter of invitation to offer, Section 5 is not applicable

Read Assertion (A) and Reason (R) and give the correct answer by using the given below:
Assertion (A): A proposal may be revoked at any time before the communication of its acceptance is complete as against the proposer, But not afterwards.
Reason (R): Section 5 of the Indian contract Act 1872, deals with the revocation of proposals and acceptances.

A

Both (A) and (R) are correct, but (R) is not related to (A)

B

(A) is correct, but (R) is wrong

C

(A) is wrong, but (R) is correct

D

Both (A) and (R) are correct, and (R) is the correct explanation of (A)

Which of the following are the drawbacks of acceptance sampling? (i) Acceptance sampling is less expensive. (ii) Acceptance sampling has the risk of accepting good lots and rejecting bad lots. (iii) Acceptance sampling requires planning and documentation of the acceptance-sampling procedure whereas 100% inspection does not. (iv) Acceptance sampling requires less manpower.

A

i, ii, iii, iv

B

ii, iii, iv

C

ii, iii

D

i, ii, iv

Consider the statements given below and select the correct statement(s)
1. Computer-mediated communication (CMC) is defined as any human communication that occurs through the use of two or more electronic devices.
2. Computer-mediated Communication can be broken down into two forms i.e. synchronous and asynchronous.
3. Synchronous computer mediated communication refers to communication which occurs in real time.
4. Asynchronous computer mediated communication refers to communication which takes place when the parties engaged are not communicating in unison.

A

1 and 4

B

2, 3 and 4

C

1, 2, 3 and 4

D

1 and 3

Consider the following statements in respect of acceptance:
1. In case of telephonic conversation, the contract is complete when the acceptor speaks the words of acceptance.
2. Conditional or qualified acceptance is also an acceptance.
3. Acceptance should be in the usual prescribed manner.
Which of the statements given above is/are correct?

A

1 and 2

B

2 and 3

C

3 only

D

1 and 3

Which of the following set of statements are correct for describing the human communication process?
1. Non-verbal communication can stimulate ideas.
2. Communication is a learnt ability.
3. Communication is not a universal panacea.
4. Communication cannot break down.
5. More communication means more effective learning by students.
6. Value of what is learnt through classroom communication is not an issue for students.
Select the correct answer

A

1, 2, 3 and 4

B

1, 4, 5 and 6

C

1, 3, 5 and 6

D

2, 4, 5 and 6

X had made some communications to his wife Y during their marriage under Section 122 of the Evidence Act, the correct proposition are:
1. X can be compelled to disclose such communications before the Court, if Y consents, in any proceeding.
2. X can be compelled to disclose such communication whether Y consents or not in any proceedings
3. Y can be compelled to disclose such communication whether X consents or not in a divorce proceedings between them
4. Y may be permitted by Court, if deems fit, to disclose any such communication in a criminal proceedings not between X and Y.

A

1, 3, 4 are not correct

B

1, 2, 3 are not correct

C

2, 3, 4 are not correct

D

2, 4 are not correct

. . . . . . . . of the Indian Contract Act, 1872 prescribes that the acceptance must be made in a reasonable manner. If the proposer has prescribed a manner of acceptance, the acceptance must be made in that manner, if not so made, there is a contract only if the proposer 'accepts the acceptance'

A

Section 7(2)

B

Section 7(3)

C

Section 7(4)

D

None of these

Directions: Four friends Raghu, Rajesh, Ramesh and Ravi complete their Graduation in different number of years. The one who took maximum time took eight years to complete his Graduation while the one who took least time took only three years to complete it.Ravi took more time only than Raghu and completed his Graduation in five years. Ramesh did not take longer time
than Rajesh to complete his Graduation. Question: Who took more years to complete his graduation among all ?

A

Ramesh

B

Raghu

C

Rajesh

D

Ravi

Consider the following statements regarding the distinction between lease and licence:
(1) A lease is a transfer of an interest in land, whereas the licence does not create any interest in land
(2) Both lessee and licence-holders can sue a trespasser in his own name
(3) A lease can be assigned but a licence cannot be assigned
(4) A lease cannot be revoked until the end of the term, but a licence, subject to certain exceptions, can be revoked
Which one of the above statements is/are correct?

A

Only 2

B

1, 3 and 4

C

1 and 4

D

2, 3 and 4