Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

. Statement a): Abdul Majeed Corporation offered Hiba Corporation that in case of fire or any other circumstances occurs Abdul Majeed corporation will served the

. Statement a): Abdul Majeed Corporation offered Hiba Corporation that in case of fire or any other circumstances occurs Abdul Majeed corporation will served the losses to the Hiba Corporation.

Statement b: Salam Inc. signed a document with Shahzaib Corporation that in case any loss occurred to the goods, Salam Inc. will bear all the losses

Statement c: Abdul Samad Inc.: signed a document with Mehrab Corporation that in case of any loss occurred to the goods of Abdul Samad Inc., they will bear the loss and the amount to be paid in that case will be Rs.25, 000 for the goods worth Rs.35, 000

Required: Identify according to the law which statement is legally a contract and Why?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Constitutional Law Cases Materials And Problems

Authors: Russell L. Weaver, Steven I. Friedland, Richard D. Rosen

5th Edition

1543830447, 978-1543830446

More Books

Students also viewed these Law questions

Question

What does it mean for a company to go public and list its stock?

Answered: 1 week ago