please answer all the parts of the question within 30 minutes. make sure the explanation and reasons are explained in very detailed manner as in why the option is correct and why other options are wrong, 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.

Read the scenario below then answer the questions that follow. Contracts are of critical importance especially in daily commercial and business transactions. Agreements are constantly being entered into for various purposes. A contract is binding in law and each party must deliver and perform according to their obligations as mutually agreed upon in the contract. Janice runs a bespoke luxury handbag boutique called La Bougee Boutique in an upmarket suburb of Durban. She buys and sells premium handbags. Janice has created a well- established name for herself in the fashion industry in South Africa. Janice has international clients who purchase handbags from her store. Her supplier Roderigo resides in Cape Town. Janice has a written contract in place with Roderigo which states that Roderigo will provide Janice with premium handbags which he imports from Italy. The contract shall span over a period of 2 years. One ofJanice's obligations is to ensure that a part payment of 50% is transferred to Roderigo prior to the delivery of the handbags. The remainder shall be payed upon the delivery of the goods to her store. One of Roderigo's obligations is to ensure that all bags sold to Janice are authentic and suitable for sale. Question 1 Janice seeks your assistance, as she wants to know whether the contract that she entered into with Roderigo is valid. Advise Janice as to what the requirements are for a valid contract. (You are required to list the requirements and thereafter demonstrate an application of the essential elements by providing examples.)