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Propositions as regards the liability of the surety under the surety bond are:
1. The liability of the surety is mutually exclusive of the liability of the accused under his personal bond.
2. The liability of the surety is contingent on the liability of the accused under his personal bond the liability of the surety.
3. is limited to the amount of the surety bond.
Now which of the following is correct
The joint liability in respect of joint tort-feasors arises in which one of the following circumstances?
1. Agency, when one person employs another to do an act which turns out to be a tort.
2. Vicarious liability, i.e., the liability arising from relations.
3. Joint action - where two or more persons combine together to commit an act which amounts to a tort.
Select the correct answer using the given below:
Ram can dig a well in 36 hours but due to some illness his capability of doing work reduced and so he now takes longer hours to do same amount of work. A contractor gave him contract on basis of his previous health conditions. If contractor loses Rs. 5 per hour for delay in work then find how many hours Ram took to dig one well if contract includes digging of 15 wells and contractor lost Rs. 1800?
A contractor undertook a project to complete it in 20 days which needed 5 workers to work continuously for all the days estimated. But before the start of the work the client wanted to complete it earlier than the scheduled time, so the contractor calculated that he needed to increase 5 additional men every 2 days to complete the work in the time the client wanted it: If the work was further increased by 50% but the contractor continues to increase the 5 workers o every 2 days then how many more days are required over the initial time specified by the client.
Which of the following statements are true/false?
1. Every contractor needs to furnish to the specified authorities the particulars regarding recruiting and employment of migrant work men in Form X.
2. The wages of every migrant workman in an establishment by a contractor where less than 1000 workmen are employed has to be paid before seventh and in other cases before tenth every month.
3. No wage period shall extend one month.
4. If the employment of any migrant workman is terminated by or on behalf of the contractor, the wages earned by the migrant workman shall be paid before the expiry the second working day from the day on which his employment is terminated.
Where does vicarious liability generally arise from?
Which of the following statement/statements is/are not correct?
1. Both Sections 34 and 149 of Indian Penal Code itself create specific offences
2. Both Sections 34 and 149 of Indian Penal Code relate to Doctrine of Vicarious liability
3. Section 34 fixes a minimum two persons who must share common intention while Section 149 requires there must be at least 10 persons to have the common object
4. Some active participation is necessary under Section 34 but Section 149 does not require it. Mere member of the unlawful Assembly with common object is sufficient for liability.
In a case of vicarious liability, the liability is
Match the items of List - II with the items of List - I and indicate the code of correct matching. The items relate to economies of scale/scope. List - I List - II (a) Economies of scale (i) arise with lower average costs of manufacturing a product when two complementary products are produced by a single firm (b) Internal economies ii) Mean lowering of costs of production by producing in bulk c) External economies (iii) Arise when cost per unit depends on size of the firm (d) Economies of scope (iv) Arise when cost per unit depends on the size of the industry, not the firm  
In which of the following cases the Supreme Court held that the provisions of Section 141 of the Negotiable Instruments Act, 1881 do not contain a condition that the prosecution of a company is sine qua non for prosecution of other persons. The liability of the Directors/Officers etc. is vicarious and will flow from the liability of the company/firm.