Practice Test 23
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Delivery by acknowledgment is_________.

Goods that are defined only by description and not identified and agreed upon at the time of contract of sale are known as__________.

A partner entitled to share the profits only without being liable for the losses :

Wagering agreements are

Quasi – contracts arise __________.

Agreement for the creation of monopolies__________.

An auction sale is an example of _________.

In case of an agreement to sell, subsequent loss or destruction of the goods is the liability of _______ .

An offer made to the public in general which anyone can accept and do the desired act is ________.
(a) General Offer (b) Special Offer
(c) Cross Offer (d) Counter Offer

A contract in which only one party has to fulfill his obligation at the time of the formation of the contract, the other party having fulfilled his obligation at the time of the contract or before the contract comes into existence is known as ________.

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MERCANTILE LAWS
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