CA Foundation Agency — practice questions
28 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice CA Foundation Agency in the app →Under Section 182, an 'agent' is a person:The true test of an agency relationship is whether the person can:Under Section 183, who may employ an agent?Under Section 184, who may act as an agent between the principal and third parties?Under Section 185, to create a valid agency:An authority given to an agent by words, spoken or written, is called:Agency by estoppel (Section 237) arises where the principal:A caretaker who, during the owner's absence abroad, incurs expense to save the farm from a fire is an example Under Section 196, where a person acts on another's behalf without authority, the other person:Under Section 198, a valid ratification requires that the person ratifying:Under Section 199, ratification must be of:Under Section 200, a ratification that would injure a third person or divest him of a right acquired in the meUnder Section 189, in an emergency an agent has authority to:The maxim 'delegatus non potest delegare', reflected in Section 190, means that an agent:Under Section 191, a 'sub-agent' is a person:Where a sub-agent is PROPERLY appointed (Section 192):Where a sub-agent is appointed WITHOUT authority (Section 193):A 'substituted agent' (Section 194) is:Which is a correct distinction between a sub-agent and a substituted agent?Under Section 211, an agent is bound to conduct the principal's business:If an agent, without the principal's consent, deals in the business of the agency on his own account, the prinUnder Section 221, an agent's lien over the principal's property entitled him to:Under Sections 222-224, the principal must indemnify the agent for:Under Section 230, in the absence of a contract to the contrary, an agent who contracts on behalf of his princWhere an agent exceeds his authority and the excess CANNOT be separated from the authorised part (Section 228)Under Section 238, a misrepresentation or fraud by an agent acting within the course of his business:Under Section 220, an agent who is guilty of misconduct in the business of the agency:A partner, in relation to the firm's business, is an agent of the firm. This is an example of agency arising: