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please answer all the parts of the question within 30 minutes. make sure the explanation and reasons are explained in very detailed manner , Attempt

please answer all the parts of the question within 30 minutes. make sure the explanation and reasons are explained in very detailed manner , Attempt the answer only if your are 100% sure that its correct. else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and is not copied from anywhere. ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.

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10. List FIVE (5) elements of a valid contract. (5 marks) 11. Answer 'True' or 'False' based on the following: Countermand of payment of cheques can be made orally. (1 mark) II. Dividends warrants are a form of negotiable instruments. (1 mark) III. All ante-dated cheques are invalid as they are stale or out-of-date. (1 mark) IV. The person to whom the cheque is drawn payable is known as the drawee. (1 mark)

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