Question 1

(a) As Steven was preparing to start university life, he signed the following documents: (1) an acceptance of offer from the university; (2) an agreement with the Bank for his student loan of $70,000; and (3) a subscription to a SIM-only mobile phone plan for $12 per month. Identify and describe the key elements of contract in each instance and whether each of them is a legally valid contract. (b) Explain whether it will make a difference for the mobile phone plan, if he did not "sign" any documents because everything was transacted online. (c) Steven's friend, Celina , was very disappointed not to receive an offer from the university for the same course. However, she later found out that the offer letter from the university was lost in the mail and by the time it reached her, the deadline for acceptance was over. Discuss with her whether she may still be able to secure a place in the course. (d) In preparation for the new school term, Steven met a friend Raymond , who is a senior, who offered to give him all his old textbooks. Steven was super happy and took them home. That night, he felt bad and texted Raymond saying he would pay him $87 for them. Explain whether Raymond has an enforceable agreement with Steven.