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1.All agreements are not contracts but all contracts are agreements. Discuss the statement explaining the essential elements of a valid contract. 2.What is an offer?

1."All agreements are not contracts but all contracts are agreements." Discuss the statement explaining the essential elements of a valid contract.

2.What is an "offer"? When is it complete? State the rules of a valid offer.

{15 marks}

3. Attempt the following problems, giving reasons:-

A] Over a cup of coffee in a restaurant, A invites B to a dinner at his house on a Sunday.

B hiresa taxi and reaches A's house at the appointed time, but A fails to perform his promise.

Can B recover any damages from A? {5 marks}

B] M mows L's lawn without being asked by L to do so.

L watches M do the work but does not attempt to stop him.

Is L bound to pay any charges to M? {5 marks}

C} P applied for the principal's postof a local college, and the Governing Body passed a resolution appointing him.

After the meeting, a member of the Governing Body privately informed him of the resolution.

The resolution was subsequently rescinded. P claims damages. Will he succeed? {5 marks}

4. What is meant by capacity to contract with special emphasis on rules relating to minors contract? Give a brief note on the relevant cases. {10 marks}

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