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Fasttttt 5) Classifying contracts according to their nature includes: a) Unilateral contracts (aqd infiradi) b) Bilateral contracts ('aqd thunai) c) Quasi contracts (shibh al-'aqd) d)
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5) Classifying contracts according to their nature includes: a) Unilateral contracts (aqd infiradi) b) Bilateral contracts ('aqd thunai) c) Quasi contracts (shibh al-'aqd) d) All of the above 6) If any contract was created by the mere operation of law without a formal agreement between the parties, it becomes: a) A quasi-contract b) A commercial contract c) A unilateral contract d) None of the above 7) The most prevalent form of contract in modern Islamic financial transactions are: a) Bilateral contracts b) Informal contract c) Negotiable contract d) Contracts of partnership (shirkah) 8) A quasi contract: a) Is an arrangement that is not really a contract but resembles one b) is a contract by its very nature c) Is an obligation that originates by an agreement between parties d) None of the aboveStep by Step Solution
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