Discuss the possible options available to Hamid.

Alamgir Contractors have started construction of an Apartment Complex in Main Gulberg, Lahore. They have advertised the sale of ten two bedroom apartments in the local newspaper, stating as a special offer that 'these ten apartments are available at a special discount price to the rst 10 buyers who will deposit Rs. 1,000,000f- in Alamgir Contractors Bank Account'. Part B: Assume Hamid bought the apartment by signing a contract and paying the entire price. The contract included a clause whereby the Contractors offered the buyer a single chance to inspect the apartment, after which the Contractor would be excluded 'om all liability for any defects. Hamid visited the apartment, and everything looked to be in order. In the monsoon season after a few hours of constant rain, the windows started leaking, and the apartment was ooded. Alamgir Contractors say that cannot be held liable. Part B: 1. Discuss the elements of a contract present in this situation. 2. Analyze the various terms in this contract with reference to their meaning and effect