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Explain with reasons, whether a valid contract has been formed under the Contracts Act 1950, in the following situations: a) Kelly and Mimi wrote to

Explain with reasons, whether a valid contract has been formed under

the Contracts Act 1950, in the following situations:

a) Kelly and Mimi wrote to each other on the same day. Kelly offered to

buy Mimi's pearl ring for RM1,000, Mimi offered to sell the same at

the same price. Will Kelly be able to enforce the resulting 'contract'?

Give reasons for your answer.

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