73. If the payment is spot and the delivery is deferred, the transaction is called a) Bai Muajjial b) Bai istisna c) Bai salam 80. The transferee is released from his responsibility. a) By payment of debt b) By condonement of the creditor c) By Both d) By None d) None 74. An agent. a) Is Ameen b) Partner in loss as a rule. 81. The pledge has until the debt is repaid in full. c) Bears the loss alone a) No d) Kafeel b) A temporary c) A full 75. The agency. on the principal becoming lunatic (mad). d) None a) Remains valid b) Is suspended temporarily right to hold the pledge c) Becomes void d) None 76. Lending for gratuitous use is called a) Aaqilah b) Iqalah c) Riyayah d) Aariah 77. The lender of something is to take it back at any time. a) Entitled b) Not allowed c) Forced d) None 78. If the thing pledged is livestock the cost of fodder falls on 82. Price of the commodity to be traded is bargained between seller and the purchaser without any reference to the price paid or cost incurred by the former is referred as; a) Musharakha b) Murabaha c) Musawama d) Mudarabah 83. The kind of sale in which payment is spot while the delivery of the good is deferred is called; a) Istisna b) Salam c) Istijrar d) Ijarah 84. Anything that is in the possession of the person, who is not the owner of it, is called; a) Amanah b) Amin c) Amal a) The pledge b) The pledger c) Both d) Neither 79. Hawalah means a debt. a) Incurring b) Diminishing c) Transferring d) None d) Al-Wadiah 85. In Murabaha; a) Payment can be deferred but delivery is spot b) Payment can be spot and delivery is deferred c) Both can be spot d) All above 86. Price could be paid in installments in a) Murabaha b) Salam c) Ijara d) Ijara wa Iqtana