Question: 3. Read the following case and answer the questions accordingly Ahmed decided to sell his flat to person Khalfan for 120,000 OMR, Khalfan accepted that

3. Read the following case and answer the questions accordingly Ahmed decided to sell his flat to person Khalfan for 120,000 OMR, Khalfan accepted that proposal and give his permission to Ahmed within a stimulated (reasonable) time. Ahmed was having two flats; one is located at Ghala another is located at Seeb. Ahmed puts a proposal for a flat which is located at Ghala and it is accepted by Khalfan in the same manner. Ahmed and Khalfan both have to provide the guarantee towards Hidden Effects and Defects in title of the properties for sale/purchase contract. There are some important questions regarding this proposal i. Define Contract? ii. Define Agreement iii. Is it a valid contract? iv. Define Consideration and what is the consideration for Ahmed and Khalfan in the above case? v. Define Subject Matter. What is the subject matter in the above case study? vi. Is it a free consent? vii. Define Offer? viii. Define Acceptance? ix. Is it a valid acceptance? x. Who is the Offeror and who is the Offerree in the above case study

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