ICAN 2025 Business Law | Mixed
Practice these randomly selected questions to test your readiness.
Question 1
Which of the following is NOT an attribute of a body corporate?
Theory answer required.
Question 2
Which of the following is NOT an implied term under the Sale of Goods Act?
Theory answer required.
Question 3
Which of the following is NOT an attribute of a limited partner?
Theory answer required.
Question 4
Which of the following is NOT an equitable maxim?
Theory answer required.
Question 5
Which of the following is required for a company‟s voluntary winding up?
Theory answer required.
Question 6
Which of the following are parties to an insurance contract?
Theory answer required.
Question 7
Which of the following explains why a Will is ambulatory?
Theory answer required.
Question 8
A person against whom a criminal case is initiated is the
Theory answer required.
Question 9
Which action is required to validate a pre-incorporation contract?
Theory answer required.
Question 10
The Corporate Affairs Commission has the power to refuse to register a proposed company if
Theory answer required.
Question 11
A company is said to be insolvent when
Theory answer required.
Question 12
The principal agency responsible for the prosecution of financial crimes in Nigeria is the
Theory answer required.
Question 13
The principle that enables the principal to adopt an agent‟s act that was done without his authority is
Theory answer required.
Question 14
The principle that makes a person liable for a tort without fault is
Theory answer required.
Question 15
A hire purchase agreement may be terminated by
Theory answer required.
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