All illegal agreements are void; but all void agreements are not illegal ______.

(a)

True

(b)

Partly true

(c)

False

(d)

None of the above

A appoints B as his agent, by way of a power of attorney. This is an example of ______.

(a)

express contract

(b)

implied contract

(c)

tacit contract

(d)

unlawful contract

A contract creates ______.

(a)

rights in person

(b)

rights in parties

(c)

no obligations

(d)

only obligations and no rights

The Contract Act came into force ______.

(a)

from 1 September 1972

(b)

before 1 September 1882

(c)

from 1 September 1872

(d)

after 1 September 1872

Mercantile Law consists of ...................

(a)

Commercial

(b)

Business

(c)

Both (a) and (b)

(d)

None of these