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ESTION 3 Your best friend Mike wants to buy a car in terms of an instalment sale transaction in terms of the Credit Agreements Act

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ESTION 3 Your best friend Mike wants to buy a car in terms of an instalment sale transaction in terms of the Credit Agreements Act 75 / 1980, but it unsure about the validity of certain of the causes. He knows that you are a top Business law student and asks you for advice. Indicate to Mike whether the following provisions are valid or not. Motivate your answers. Miike will not be required to pay a deposit but will trade in his old car

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