Subject: Islamic Finance Ahmed has been given a contract to deliver RM1000 per metric tonne...
80.2K
Verified Solution
Link Copied!
Question
Finance
Subject: Islamic Finance
Ahmed has been given a contract to deliver RM1000 per metric tonne crude palm oil. Saji Berhad, a well-known firm, will buy this product at the agreed-upon price. Ahmed and Saji Berhad have agreed to work together.
Based on the situation above, please answer the following questions:
a. Explain the advantage that Ahmed will obtain if he participates into this contract.
b. Discuss the repercussions that Ahmed will face if he is unable to provide the commodities within the time frame given.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.