Question
Shahmeer who is the owner of Shahmeer Industries, has an established business of furniture manufacture. In the course of his business, he received a consignment
Shahmeer who is the owner of Shahmeer Industries, has an established business of furniture manufacture. In the course of his business, he received a consignment of old furniture which was cracked. He, knowing that people buy antique furniture for collection purposes, polishes and fills the cracks and sells the furniture to Abdullah as an antique used by the Lord Mountbatten, the last viceroy of British India, in a value five times the original worth. Keeping the Shahmeer's knowledge and intentions in mind, is the contract valid under Contract Act 1872?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started