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lation Status QUESTION : 20 points Phil advertises his house for sale at a price of R4 million. The property is described as a four
lation Status QUESTION : 20 points Phil advertises his house for sale at a price of R4 million. The property is described as a four bedroom double-storey house (two floors - ground floor and upstairs) situated on a big corner stand / yard. Andrew, who is overseas and therefore unable to come to the place to view the house relies on the advertisement. He accepts the offer and pays the required purchase price, together with related expenses. On his return to South Africa Andrew finds out that the house has four bedrooms as advertised, is at a street corner and is situated on a big yard. However, it is not double-storey In his opinion the market value of the property house is R2 million and not R4 million. Advise if there is a valid and binding contract for the sale of a house between Phil and Andrew, the problems which the sale raises and what can be diane about them. (20) For the timber, press AL To$ 10 (VC) or ALT . FN. F10 (Macs. B I V S Paragraph Arial 10pt
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