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2) Mr. Saeed accepted an offer of Mr. Ikram who intends to sell 500 Rice Bags @ Rs. 100,000/-. Before communication of acceptance, Mr. Ikram

2) Mr. Saeed accepted an offer of Mr. Ikram who intends to sell 500 Rice Bags @ Rs. 100,000/-. Before communication of acceptance, Mr. Ikram died. What will be the effect of this transaction?

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