Friday, March 4, 2016

SGA [Slide-26]

7) Other essential element
X or y at the time of making the contract the buyer and the seller has to declare that they are making the contract regarding a legal subject matter follow the rules and regulation.
Example: If Ashfaq is selling a CD to Iftekhar and making a contract then he has to declare that they are making the contract and the subject matter is legal.

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