The period of limitation for an action by a principal against his agent for movable property received by the latter and not accounted for is:

Option A: 12 years

Option B: 3 years

Option C: 5 years

Option D: No limitation

Correct Answer

Option: b

Explanation

The period of limitation for an action by a principal against his agent for movable property received by the latter and not accounted for is 3 years. Article 3 of the Limitation Act, 1963– Description of Suit: By a principal against his agent for movable property received by the latter and not accounted for. Period of Limitation: 3 years. Time fron which period begins to run: When the account is, during the continuance of the demanded and refused or, where agency, no such demand is made, when the agency terminates.

Sample Mock Tests for Practice

UTTAR PARDESH LOWER JUDICIAL SERVICES LAW EXAM 2018

THE INDIAN EVIDENCE ACT, 1872 (PAPER – 03 Q. NO. 81 TO 120)

THE LIMITATION ACT, 1963 (PAPER 04 Q. NO. 121 TO 160)

THE CHHATTISGARH EXCISE ACT, 1915 (PAPER 01 Q. NO. 1 TO 8)

THE CONSTITUTION OF INDIA, 1949 (PAPER – 12 Q. NO. 386 TO 420)

THE ADMINISTRATIVE TRIBUNALS ACT, 1985 (PAPER-01 Q. NO. 1 TO 21)

THE INDIAN EVIDENCE ACT, 1872 (PAPER – 06 Q. NO. 201 TO 240)

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THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 15 Q. NO. 561 TO 600)

THE HINDU ADOPTION AND MAINTENANCE ACT, 1956 (PAPER 02 Q. NO. 31 TO 39)

THE INDIAN CONTRACT ACT, 1872 (PAPER – 10 Q. NO. 316 TO 350)

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 04 Q. NO. 121 TO 160)

THE CONSTITUTION OF INDIA, 1949 (PAPER – 14 Q. NO. 456 TO 490)

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 08 Q. NO. 281 TO 320)

THE INDIAN CONTRACT ACT, 1872 (PAPER – 16 Q. NO. 526 TO 560)

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THE INDIAN CONTRACT ACT, 1872 (PAPER – 04 Q. NO. 106 TO 140)

THE TRANSFER OF PROPERTY ACT, 1882 (PAPER 09 Q.NO. 321 TO 345)

THE INDIAN CONTRACT ACT, 1872 (PAPER – 15 Q. NO. 491 TO 525)

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THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 17 Q. NO. 641 TO 680)

THE INDIAN CONTRACT ACT, 1872 (PAPER – 14 Q. NO. 456 TO 490)

THE INDIAN CONTRACT ACT, 1872 (PAPER – 17 Q. NO. 561 TO 595)

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