Multi-function tool having retractable jaws

A multi-function tool having retractable jaws, comprising:

• an axle;
• a jaw head including a first jaw, a second jaw, a front end and a rear end, the rear end being hinged on the axle, the second jaw being turnable about the axle towards the first jaw to close the front end from an extended condition;
• a first handle having a front end and a rear end, the jaw head and the axle being hinged on the front end of the first handle, the jaw head being turnable about the axle to be held in the first handle in a retracted condition and in the extended condition;
• a latch mechanism to latch the jaw head in the first handle in the retracted condition, the latch mechanism being releasable manually to turn the jaw head from the retracted condition to the extended condition;
• the latch mechanism latching the first jaw in the extended condition such that the second jaw is turnable about the axle towards or backwards from the first jaw;
• a second handle coupling with the first handle through the axle;
• the second handle and the second jaw being coupled when the jaw head is in the extended condition, the second handle being turnable about the axle against the first handle to push the second jaw to turn about the axle towards the first jaw so that the front end of the jaw head is closed from the extended condition;
• a chamber formed between the first handle and the second handle to hold the jaw head;
• and at least one selected tool located on one side or the rear end of the first handle:
• wherein the second handle has a slot allowing the jaw head to pass through and wedge in the chamber between the first handle and the second handle when the jaw head is held in the first handle in the retracted condition.