QUESTION 1 (17) 1.1 Answer truelfalse to each of the following and where False, provide the correction: i- Natural persons refers to all humans beings and juristic persons refers to entities with a legal personality. ii. Minority, marital status, intoxication, prodigality, insolvency, gender, mental illness and criminal record affects one's capacity to contract. iii. Minors below 7 years of age have limited contractual capacity- iv. Pacta sunt servanda refers to the principle that 'agreements must be kept\". v. Jane and John are married in community of property, this means that they share a joint estate in terms of assets and liabilities and upon the dissolution of their marriage their estate will be split 50/50 1.2 Distinguish between a real right and a personal right. Provide an example of each. (7)