Iftikhar Mughal on December 29, 2013 at 9:34am
Total 27 questions, 22 MCQs
*Distinguish between an Offer and a Quotation.
*Contracts for benefits of:
i-
Bailor
ii-
Bailee
*Discuss the effect of refusal by promisor to perform under
the contract according to section 39 of the Contract Act, 1872. explain with
the help of an illustration.
*Distinguish between an Offer and a Quotation.
*Iftikhar, Yasin and Sharif jointly promised to pay
Rs.900,000 to Imran. Afterwards Yasin had been legally declared insolvent and
Imran enforced Iftikhar to solely pay him the entire amount on urgent basis;
Iftikhar acted upon accordingly. In order to recover his amount what steps
Iftikhar may take?
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