Abdul Majeed Corporation offered Hiba Corporation that in case of fire or any other circumstances occurs Abdul Majeed corporation will served the losses to the Hiba Corporation.

Statement b: Salam Inc. signed a document with Shahzaib Corporation that in case any loss occurred to the goods, Salam Inc. will bear all the losses

Statement c: Abdul Samad Inc.: signed a document with Mehrab Corporation that in case of any loss occurred to the goods of Abdul Samad Inc., they will bear the loss and the amount to be paid in that case will be Rs.25, 000 for the goods worth Rs.35, 000

Identify according to the law which statement is legally a contract and Why?(Marks: 5)