Quiz 1:

Ali asked Ahmed that he wants to purchase his car for Rs.1 lacs.

Ahmed told Ali that he is willing to sell it for 2 lacs.. Ali asked if the A/C is working and if tyres are new.
To which Ahmed said that Tyres are abit used and AC is not working..

For that Ali said ok I am not willing to purchase it for 2 lacs until you fix the AC

Ahmed said that he wont be able to get it done but is willing to sell it for 1.95 lacs

Ali suggested that he will buy it.. But soon found that the car had an accident later that night

Ali wanted to buy this car and would have made a profit of 10 thousand on sale.. which wont happen
now

From the following scenario. Answer the following questions. 2 marks for each question

1. Who is the promisor and promisee

2. What were the terms of contract

3. who made counter offers and what were the terms

4. can Ali be forced to purchase the car

5. Will Ahmed be forced to pay any damages