LessonsRescission by Agreement: Original Price and Loss of GoodsQuiz

Identify the governing rule in each case:
1. Sale for Rs 40,000 mutually undone at the same price — iqalah.
2. Original Rs 40,000, but refund stipulated at Rs 35,000 — invalid reduction condition.
3. Seller spent the received notes; goods remain — iqalah possible.
4. Sold item completely destroyed — no ordinary iqalah of that item.
5. Eight of ten identical discrete items survive — iqalah may concern those eight.

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Five cases to classify

Rescission by Agreement: Original Price and Loss of Goods

Identify the governing rule in each case:
1. Sale for Rs 40,000 mutually undone at the same price — iqalah.
2. Original Rs 40,000, but refund stipulated at Rs 35,000 — invalid reduction condition.
3. Seller spent the received notes; goods remain — iqalah possible.
4. Sold item completely destroyed — no ordinary iqalah of that item.
5. Eight of ten identical discrete items survive — iqalah may concern those eight.