2. Arif who is 65 years old, promised to pay for his sister's wedding at a hotel in Bali. He has now changed his mind. Is Arif under any legal obligation to fulfil his promise to his sister?

A. Yes, Arif's consent was freely given by him

B. Yes, there is a fiduciary relation between Arif and his sister

C.No, there was no intention to create legal relations between the parties

D.No, Arif has no capacity to make a contract as he is too old to do so

3. When parties to an agreement use post for communication, the Postal Rule applies. Under this rule,

A. an agreement is binding on the offeror when the offeror has posted the offer

B. an agreement is binding on the offeree when the offeree has received the offer

C.an agreement is binding on the offeror when the offeree has posted the acceptance

D.an agreement is binding on the offeree when the offeree has posted the acceptance

4. The case of Kepong Prospecting Ltd v A.E. Schmidt & Marjorie Schmidt [1968] 1 MLJ 170 laid down the principle that

A. A consideration is executed when a promise is made in exchange for the performance of an act

B. A consideration given in the past is valid consideration

C.A contract without consideration is voidable

D.A promise made by one party in return for a promise made by another party is known as an executory consideration

5. Which of the following is NOT TRUE about legal capacity to contract?

A. A minor is a person who has not reached the age of majority

B. A minor who has sold his property to another person may apply to the court for recovery of the property

C. A contract made by an unsound person is voidable

D. A person who is an adult and is of sound mind can be disqualified from entering into a contract