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As per the Indian Contract Act, 1872, the communication of an acceptance is complete:<br>1. As against the acceptor when it comes to the knowledge of the proposer.<br>2. As against the proposer when it is put in a course of transmission to him so as to be out of the power of the acceptor.<br>Based on the above two propositions, decide:

Correct Answer: Only (2) is correct

Consider the following statements:
The communication of an acceptance is complete
1. As against the acceptor when it comes to the knowledge of the proposer.
2. As against the proposer, when it is put in a course of transmission to him, so as to be out of the power of the acceptor.
Which of the statements given above is/are 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'

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?

Read the passage carefully and choose the best answer to each question out of the four alternatives.
In mid-2012 I completed my first massive online open course, or MOOC, the kind widely offered by Coursera, EdX, Udacity and so on in partnership with different educational institutions. It was on clinical trials and ethical practices, offered by Johns Hopkins, on Coursera. This was shortly before the MOOC sensation hit India, and when Coursera, which was founded by two Stanford professors, itself was just a few months old. The MOOC bug had bit me. The course Id completed was mainly designed for health care professionals who would be involved in actual clinical trials, not college students who had no prior knowledge of that area. I decided to enroll in the course because it was the only biology related course open at the time. However, I did see hope in that sometime in the future Id be able to get a glimpse of what classes are like in the hallowed halls of major educational institutions around the world. By early 2013, Coursera and EdX had partnered with so many educational institutions and expanded their course offerings to include everything from food and nutrition to Greek mythology to business, that I was spoilt for choice. I spent hours going through course catalogues and poring over course descriptions, almost delirious with excitement at the fact that I was actually going to be able to take classes offered by universities I had only dreamt of attending.
The course the author completed on MOOC was related to which subject?

Read the passage carefully and choose the best answer to each question out of the four alternatives.
In mid-2012 I completed my first massive online open course, or MOOC, the kind widely offered by Coursera, EdX, Udacity and so on in partnership with different educational institutions. It was on clinical trials and ethical practices, offered by Johns Hopkins, on Coursera. This was shortly before the MOOC sensation hit India, and when Coursera, which was founded by two Stanford professors, itself was just a few months old. The MOOC bug had bit me. The course Id completed was mainly designed for health care professionals who would be involved in actual clinical trials, not college students who had no prior knowledge of that area. I decided to enroll in the course because it was the only biology related course open at the time. However, I did see hope in that sometime in the future Id be able to get a glimpse of what classes are like in the hallowed halls of major educational institutions around the world. By early 2013, Coursera and EdX had partnered with so many educational institutions and expanded their course offerings to include everything from food and nutrition to Greek mythology to business, that I was spoilt for choice. I spent hours going through course catalogues and poring over course descriptions, almost delirious with excitement at the fact that I was actually going to be able to take classes offered by universities I had only dreamt of attending.
Which of the following is the name of a university and not an online education delivery company?

Read the passage carefully and choose the best answer to each question out of the four alternatives.
In mid-2012 I completed my first massive online open course, or MOOC, the kind widely offered by Coursera, EdX, Udacity and so on in partnership with different educational institutions. It was on clinical trials and ethical practices, offered by Johns Hopkins, on Coursera. This was shortly before the MOOC sensation hit India, and when Coursera, which was founded by two Stanford professors, itself was just a few months old. The MOOC bug had bit me. The course Id completed was mainly designed for health care professionals who would be involved in actual clinical trials, not college students who had no prior knowledge of that area. I decided to enroll in the course because it was the only biology related course open at the time. However, I did see hope in that sometime in the future Id be able to get a glimpse of what classes are like in the hallowed halls of major educational institutions around the world. By early 2013, Coursera and EdX had partnered with so many educational institutions and expanded their course offerings to include everything from food and nutrition to Greek mythology to business, that I was spoilt for choice. I spent hours going through course catalogues and poring over course descriptions, almost delirious with excitement at the fact that I was actually going to be able to take classes offered by universities I had only dreamt of attending.
The C in MOOC stands for which word?

Read the passage carefully and choose the best answer to each question out of the four alternatives.
In mid-2012 I completed my first massive online open course, or MOOC, the kind widely offered by Coursera, EdX, Udacity and so on in partnership with different educational institutions. It was on clinical trials and ethical practices, offered by Johns Hopkins, on Coursera. This was shortly before the MOOC sensation hit India, and when Coursera, which was founded by two Stanford professors, itself was just a few months old. The MOOC bug had bit me. The course Id completed was mainly designed for health care professionals who would be involved in actual clinical trials, not college students who had no prior knowledge of that area. I decided to enroll in the course because it was the only biology related course open at the time. However, I did see hope in that sometime in the future Id be able to get a glimpse of what classes are like in the hallowed halls of major educational institutions around the world. By early 2013, Coursera and EdX had partnered with so many educational institutions and expanded their course offerings to include everything from food and nutrition to Greek mythology to business, that I was spoilt for choice. I spent hours going through course catalogues and poring over course descriptions, almost delirious with excitement at the fact that I was actually going to be able to take classes offered by universities I had only dreamt of attending.
What aspect of MOOC excited the author?

Read the passage carefully and choose the best answer to each question out of the four alternatives.
In mid-2012 I completed my first massive online open course, or MOOC, the kind widely offered by Coursera, EdX, Udacity and so on in partnership with different educational institutions. It was on clinical trials and ethical practices, offered by Johns Hopkins, on Coursera. This was shortly before the MOOC sensation hit India, and when Coursera, which was founded by two Stanford professors, itself was just a few months old. The MOOC bug had bit me. The course Id completed was mainly designed for health care professionals who would be involved in actual clinical trials, not college students who had no prior knowledge of that area. I decided to enroll in the course because it was the only biology related course open at the time. However, I did see hope in that sometime in the future Id be able to get a glimpse of what classes are like in the hallowed halls of major educational institutions around the world. By early 2013, Coursera and EdX had partnered with so many educational institutions and expanded their course offerings to include everything from food and nutrition to Greek mythology to business, that I was spoilt for choice. I spent hours going through course catalogues and poring over course descriptions, almost delirious with excitement at the fact that I was actually going to be able to take classes offered by universities I had only dreamt of attending.
Coursera was founded by professors from which university?

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 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?