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Ajak Ltd needs to buy some specialized machinery and Faiza Ltd is a manufacturer of this machinery. Ajak visits Faiza Ltd's warehouse and decides to
Ajak Ltd needs to buy some specialized machinery and Faiza Ltd is a manufacturer of this machinery. Ajak visits Faiza Ltd's warehouse and decides to buy three machines. A contract of sale of goods is signed by Ajak and Faiza Ltd on September 1, 2022 The first machine is a second-hand machine which had already been repaired by Faiza Lid and was there at the time of Ajak's visit. The price was $10.000 to be paid in a month. Faiza Ltd told Ajak: "You can take it now if you want". Ajak replied: "Thanks. I'll take it tomorrow morning". Faiza Ltd replied: "Up to you". The second machine Ajak bought was a second-hand machine that was also there waiting for reparations. Faiza Ltd promised to complete the reparations in two weeks from the date of the contract. The price was $20.000. Ajak paid the full price on September 1. The third was a new machine to be manufactured by Faiza Ltd within three months. The price was $40.000. It was paid on that day too. A significant percentage of the parts of the new machine were brought to the warehouse during the afternoon. A fire totally destroys Faiza Ltd warehouse in the evening of September 1. Faiza Itd calls you and asks three questions on September 2: 1. Can we claim the price of the first machine? 2. Can we keep the $20.000 for the second machine? 3. Can we keep the $40.000 for the third machine? Provide reasoned answers based on the Contract and Commercial Law Act
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