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Jordan decides to buy a car from Velocity Cars (Pty) Ltd. Jordan enters into a contract with Velocity Cars (Pty) Ltd in which he is

Jordan decides to buy a car from Velocity Cars (Pty) Ltd. Jordan enters into a contract with Velocity Cars (Pty) Ltd in which he is to buy the BMW advertised for sale at a price of R250 000 5.1 Explain what constitutes a nominate contract and identify the nominate contract exemplified in the fictitious scenario. (3 marks) 5.2 Explain the essentialia and naturalia of the contract between Jordan and Velocity Cars (Pty) Ltd

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