(a)Lakhani Traders agreed to supply cotton yarn to Faraz Textile Limited at a fixed price for one year. Three months after the formation of the contract the price of yarn increased sharply, making it commercially unviable for Lakhani Traders to continue the supply at the agreed price. Therefore, they terminated the contract on the ground of difficulty/impossibility of performance. Under the provisions of the Contract Act, 1872 briefly describe: i. Whether the contract would be discharged under the above circumstances? ii. What would be your decision if Lakhani Traders were importing yarn and Government has imposed a ban on its import? (b) A wrote to B offering to sell him 800 tons of rice at Rs.70 per ton. On the same day B wrote A to purchase 800 ton at Rs.70 per ton. Identify the type of offer, also mentioned that contract between them will be formed or not with reason