74.

75.

76.

77.

78.

19

Which of the following statements is not true with respeet to Limited Liability Partnership?
(ക) Limited Linbility Partnership is a legal entity separate from that of its partners
(இ) Limited Liability Partnership shall have perpectual succession
(C) Any change in the partners of a Limited Liability Partnership shall not affect the
existence, rights or liabilities of a Limited Liability Partnership.
(2) The provisions of Indian partnership Act, 1932, shall generally apply to Limited

Liability Partnership

A advertises that he has got stock of books to sell. Tt amounts 10 :

(^) Offer (18) Acceptance

(¢) ಎ... (D) Invitation to treat
The rule that a stranger to contract cannot sue refers to :

(ക Privity of Contract (8) Quasi contract

(C) Consideration (D) Tender
The agreement, the consent of which is caused by undue influence is :

(4) valid (8) வம்‌

(C) voidable (D) none of the above

A person employed by and acting under the control of the original agent in the business of
agency is called :

(A) factor (B) subagent

(C) del credere agent (D) substituted agent

A gratuitous bailment is terminated by :
(A) the death of the Bailer only
(B) the death of the bailee only
(Cy death of either of the bailer or bailee
(D) it is not terminated by the death of the parties

B is indebted to C and A is the surety for the debt. C demands payment from A and on his
refusal sues him for the amount. Though a defended the suit, as he has reasonable grounds
for doing so, he was compelled to pay the debt with costs. Whether A can recover from B the
amount paid by him for costs together with principal debt?

(A) No, A can only recover the principal debt as per the contract Act

(B) Yes, Ais entitled to recover from B whatever sum he has rightfully paid under the

guarantee
(C) No, A has no right to claim the sum he has paid wrongfully under the guarantee
(D) None of the above

172/2015 - 12 A