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Mr. James Bond, will soon be retiring from his job. He needs your legal advice on the following issues: Mr. Bond owns commercial premises that

Mr. James Bond, will soon be retiring from his job. He needs your legal advice on the following issues:

  1. Mr. Bond owns commercial premises that are rented out to small business entities. Due to the COVID-19 pandemic, the tenants have not paid the rent for three months. As a result, Mr. Bond lost one of his sources of income. will Mr. Bond have any chance to win the case if he brings it to court? Explain in detail.
  2. To compensate the loss of income, Mr. Bond decided to sell his yacht. He found a buyer and signed a contract. Before the delivery of the yacht, Mr. Bond was sailing on it for the last time when the yacht sank. As a result, he cannot meet his contractual obligations. However, the buyer insists on the delivery of the yacht since he made an advance payment. In your opinion, can Mr. Bond be sued for breaching the contract?

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