Contract

Aqd refers to

• A promise

• A legally binding obligation which has consequences

• A sale

§sale is defined as an .............. of a property for another, one of which is called the object, and the other the ........

The effect of a sale contract is to transfer the ..................... of the sold property from the seller to the purchaser and the ownership of the ..................... from the purchaser to the seller

Majority of the scholars argue that there are three pillars to a contract. What are they?

The words used for the expression of the contract should not use .................... tense as they amount to a mere promise

A sale contract is not valid if there is any variation between ..........................and .......................

There is no agreement between ................... and ........................ when a seller wants to sell his goods for cash and the purchaser wants to pay by instalments for the same price or when the seller wants the price in MVR and the purchaser wants to pay in Euros

The session of contract means

• A place where the offer was made

• The place where the offer was accepted

• The meeting in which the offer was made but not accepted

• Period of time in which offer is made, negotiated and accepted

Incomplete capacity in the contracting parties means ability to receive rights but not .................

what is meant by the subject matter of a contract?