The object sold is typically a specific, identified thing, while the cash price is normally dischargeable by a fungible equivalent.
That is why replacement or spending of the particular notes need not eliminate the subject of iqalah: the originally sold item can still be returned.
Do not mistake “loss of the price does not prevent iqalah” for cancellation of the duty to refund the equivalent price.
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Rescission by Agreement: Original Price and Loss of Goods
The object sold is typically a specific, identified thing, while the cash price is normally dischargeable by a fungible equivalent.
That is why replacement or spending of the particular notes need not eliminate the subject of iqalah: the originally sold item can still be returned.
Do not mistake “loss of the price does not prevent iqalah” for cancellation of the duty to refund the equivalent price.