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Princess enters into an agreement with her friend Mmakgosi in terms of which Princess will use Mmakgosi house and pay a monthly rent of R5000.00

Princess enters into an agreement with her friend Mmakgosi in terms of which Princess will use Mmakgosi house and pay a monthly rent of R5000.00 until she Princess buys her own house.

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QUESTION 2 Study the following scenario and answer the questions below: Princess enters into an agreement with her friend Mmakgosi in terms of which Princess will use Mmakgosi's house and pay a monthly rent of R 5000,00 until she, Princess, buys her own house. 2.1 Is this an example of a condition or time clause? (2) Motivate your answer (2) 2.2 Specify the kind of condition or time clause above. (2) Motivate your answer.(3) 2.3 What kind of contract did Princess and Mmakgosi enter into in which Princess will use Mmakgosi's house and pay a monthly rent of R 5000,00 E 2.4 What are the three essential elements of the above contract? [16]

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