Question
It's Related to Business and Industrial Law (Pakistan) Q5 (a) It is a general rule that the buyers get valid title when it is duly
It's Related to Business and Industrial Law (Pakistan)
Q5 (a) It is a general rule that the buyers get valid title when it is duly transferred by the actual owner but there is some exception upon which the sale is considered valid even if it is not sale by the actual owner. Discuss any five such exceptions with suitable examples.
(b) X entered into a contract with B for the sale of 100 bags of wheat out of 1, 000 bags lying in his godown. Unknown to A, the entire stock was destroyed by fire. A declined to deliver. State the legal position (decision and reason).
(c) A offers to sell his cow to B for Rs. 10, 000. B asks: If you do not deny, I shall assume that the cow is healthy. A remains silent. B buys the cow and later finds that the cow is sick.
Answer the following questions with reason.
- Is silence of A fraud?
Is the contract Valid, void or voidable?
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AS Accounting For AQA
Authors: David Cox,Michael Fardon
2nd Edition
1905777140, 978-1905777143
