Assignment# 1

Student Name & ID: Assigned Date: March 15-2021

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Class: B.COM (E)
Course: Business & Industrial Law Submission Date March 22-2021
Instructor: Nousheen Abbas Naqvi Marks: 15marks
Semester: Spring-2021

Instructions:
 Submit within due date OTHERWISE WILL NOT BE MARKED
 Mention your Name, ID , Class and course name at the front page of solution.
 All questions are compulsory
 Submit soft copy in Ms Word or PDF File. Image File of Hand written solution will also be
acceptable, but image should be clear and proper A4 size page should be used.
 Submit assignment on LMS

Q1. (Marks 5)

AHMED sent a letter from Lahore by post to AHSAN (He lives in Karachi to sell his Building for
Rs.5,000,000.

This letter is posted on June 1,2020 and reached on June 4-2020

AHSAN sent his acceptance by post on June 10,2020.

But AHMED received the letter of acceptance on June 18-2020

Answer the following cases separately:

a) When is communication of offer complete?

b) When offerer is bound?

c) When acceptor is bound?

d) If AHMED calls on mobile on June 8, 2020 evoking his offer,. Is revocation of offer is valid?

e) If AHSAN sends an email on June 19-2020 for revoking his acceptance. Is revocation of
acceptance is valid?

Q2 . write a note on Capacity of Contracting Parties. (Marks 5)

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 Assignment# 1

Q3 Mention true or false (Marks 5)

1. A legal agreement can be made without bilateral consideration.

2. All agreements are contract

3. An agreement is made with unilateral consideration is void

4. All Agreements must be in writing.

5. Offer cannot be made with any condition

6. Acceptance can be made with any condition

7. Offer must be expressed

8. Offeree can revoke his acceptance in case of confrontation of parties.

9. Consideration must be equal and adequate.

10. Offer must be general not specific

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