
MCQs for topic 5 other contracts. Dr. Ahmad Asad
QuizĀ by Ahmad Asad
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Juāalah is a contract in which one of the parties; the__________ offers specified compensation to anyone who will achieve a determined result in an identified or indefinite period.
Juāalah is applicable on those cases where in ________ is not possible.Ā Ā
Which of the following is not a requirement of compensation in Ju'alah?Ā Ā
The Juāalah is directed towards:
Ā The compensation can be a portion of the object work in Juāalah. Ā Ā
If either the offeror or worker revokes contract, before the commencement of work, the worker in entitled to reasonable compensation.Ā Ā Ā Ā
A mortgagor can mortgage a borrowed or a rented asset, on permission of the owner in both cases
Ina sale contract the seller has the right to stipulate a condition that the buyer, after actual or constructive possession of the good, should mortgage it to him on a deferred price?
The mortgaged contract is no longer valid, ifthe underlying asset perishes, until and unless a compensation for it isobtained.Ā Ā
The death of the mortgagor or the mortgagee will make the contract null and void.
The mortgagee does not have the right to appoint an agent to possess the mortgage on his behalf.
Investment Agency means appointing aperson for ______________ and ______________ oneās ______________.Ā
Ā All of the following are the integral parts of a valid investment agency except: Ā Ā
____________ is liable for expenses like transportation, storage, taxes, maintenance, insurance, etc.
The agent, by no means, is entitled to any incentive except his fee. Ā Ā Ā
Customer opened current account with Islamic bank and issued check to his creditor to receive the value of the check from his account in the Islamic bank .The bank dishonouredĀ the check without valid reason
The term Hawalah refers to a contract of