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Subject:BusinessPrice: Bought3
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ABC Pvt. Ltd., is a private Company having five members only. All the members of the company were going by car to Islamabad in relation to some business. An accident took place and all of them died. Answer with reason, under the Companies Act whether existence of the Company has also come to the end?
Mary the singer signs a contract with George to sing at George's event. The terms are 3 days rehearsal and 1 day to perform at the show. Mary Falls ill and misses 2 days of rehearsal, but she is ready for 3 day and show. George no longer wants her to sing. Can George treat the contract as discharged?
ABC Company employs Mr. Ahmed as a finance assistant in company. Mr. Ahmed commits fraud. Later, ABC Company asks Bilal for guarantee without informing Bilal about Ahmed's previous conduct. Mr. Bilal gives guarantee for Mr. Ahmed's conduct. What would happen if Mr. Ahmed commits fraud again?
