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After an hour of negotiations with your local car dealer, you entered a written contract to purchase a car from that dealer for $25,000. The

After an hour of negotiations with your local car dealer, you entered a written contract to purchase a car from that dealer for $25,000. The contract requires you pay a deposit of $5,000 ( which you provide) and payment of the balance in a fortnight's time when the car is delivered to you.

Required

Explain whether you agree or disagree with the following statements, referring to contractual rules and definitions, as well as to cases or legislation ( where applicable):

agree the following statments

1. Your negotiations may have involved you and the car dealer making a number of counter-offers to

one another before your contract was finalised.

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