Carefully read and analyze the given two scenarios and provide answers in the given tables.
Abdullah has two visitors in his office Asif and Naeem. Asif has come to collect Rs. 50,000 for the catering services that he had offered to Mr. Abdullah’s wedding. Naeem runs an NGO and has come to collect the donation from Abdullah. Abdullah told that he will donate few thousand rupees as donation. While Abdullah was signing checks for Asif and Naeem, he received a call from stock exchange. It was informed that Abdullah has incurred huge losses on his shares. Abdullah got tensed and told both visitors that he won’t be able to pay them their amounts.
Keeping in view the above case, identify and fill in the boxes below:
Identify between Is there any agreement? Yes/No Identify consideration
Abdullah and Asif
Abdullah and Naeem
Galaxy Trek Motors signed a contract with a famous band Sixers. Sixers had six members who played different instruments. All members of Sixers promoted Galaxy Trek Motors through photo shoots and their environment protection slogan minimizing its manufacturing process impact. Initially at the time of signing the contract, it was believed that all six members would stay in the band till the contract expires. However, the band knew that two of their members who were expert in violin and digital piano are separating and making their own new band.
As the contract proceeded, two members left the band and Galaxy Trek Motors sued Sixers. Identify whether the contract is valid, void or voidable? Justify