LessonsRescission by Agreement: Original Price and Loss of GoodsQuiz

Initial sale:
Seller sold a cupboard for Rs 72,000.
Buyer received the cupboard; seller received the money.

Later, the seller no longer has the original notes, but the cupboard remains intact. Both agree to iqalah.

Result: locating the same notes is not required. The seller must return the equivalent Rs 72,000.

Opening interactive controls...

Numerical example: fungible price

Rescission by Agreement: Original Price and Loss of Goods

Initial sale:
Seller sold a cupboard for Rs 72,000.
Buyer received the cupboard; seller received the money.

Later, the seller no longer has the original notes, but the cupboard remains intact. Both agree to iqalah.

Result: locating the same notes is not required. The seller must return the equivalent Rs 72,000.