Allison places an advertisement in the newspaper to sell her studio apartment in Umhlanga for R900 000-00. Simon, having recently relocated to Durban for work, is interested in the apartment after viewing it. However, before Simon accepts Allison's offer, he would like to understand:

The legal position in respect of acceptance of an offer;

The legal formalities that the parties must comply with; and

The concept of warranties and examples of possible warranties.