CA Foundation Agency — practice questions

Explore 2 free Agency questions in CA Foundation Business Laws. Open each question or exercise to read its content, reference answers and available explanation.

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Agency questions and exercises with answers

Showing questions 1–2 of 2.

Match each agency termRead the answer and worked solution →True or false: agencyRead the answer and worked solution →

Worked practice questions

Match each agency term

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Matching pairs

Left
Agent
Right
Employed to act for or represent another
Left
Principal
Right
The person for whom the act is done
Left
Authority
Right
What the principal allows the agent to do

Instructions

Tap a term on the left, then tap what the Act says it is.

_Source: The Indian Contract Act 1872 bare act, 182. "Agent" and "principal" defined -_

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True or false: agency

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Questions

Statement is true
Yes
Statement
An agent may represent the principal in dealing with third persons.
Statement is true
Yes
Statement
The principal is the person for whom the agent's act is done.
Statement is true
No
Statement
An agent must always be disclosed to the third party.
Statement is true
Yes
Statement
An agent may be employed to do an act on another's behalf.

Instructions

Decide whether each statement about agency is true or false.

_Source: The Indian Contract Act 1872 bare act, 231. Rights of Parties to a contract made by agent not disclosed -_

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How to practise

Choose a Agency question and try to work out your answer.
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Put it into practice

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