8 Mike hired a van from Movers Lid. Before paying, Mike signs (but does Marks not read) the rental invoice which contains the following clause: "If a rented van is returned late, a $1,000 late fee per day will be payable" Mike returned the van late and refuses to pay the 'outrageous' fee, stating it is too much because most other van hire firms only charged $100 per week. Movers Ltd seeks your advice: a) Is the exemption clause a term and does Mike have to pay the late fee? b) If you were the manager of Movers Lid., what would you do to ensure customers like Mike pay the fee if the van is returned late? (4+ 4 = 8 marks) ABC KA 123 A BIUX x2 E E E