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Question 2 0n 1 May 2022, Ashley enters into a contract with Mona, a landlord of ofce buildings along Hennessy Road, for the rental of
Question 2 0n 1 May 2022, Ashley enters into a contract with Mona, a landlord of ofce buildings along Hennessy Road, for the rental of an ofce with a window to View The Queen's Birthday Parade, scheduled to celebrate her platinum jubilee on 2 June 2022. The agreed contract price is $50,000, consisting of a deposit of $10,000 payable on 1 May 2022, and $40,000 payable on completion of the contract. Ashley duly pays the deposit of $10,000. The market rate for such rental is $30,000, but Natalie is under the mistaken assumption that the market rate is $60,000. To prepare for the contract, Mona spends $10,000 in decorating the ofce premises for the specic purpose of Viewing the parade. On the other hand, Ashley spends $5,000 in getting new nails polished, a new hairdo, and purchasing a new dress for the occasion. Advise the parties in each of the following alternative scenarios as to their rights and obligations under the contract, and the availability of restitutionary remedies:- Scenario 1 On 20 May 2022, the Government announced that all of Hong Kong will be lockdown for 3 months, and The Queen's Birthday Parade is cancelled. Scenario 2 On 20 May 2022, Mona informs Ashley that the contract is cancelled. Mona instead decided to rent her ofce premise to Andrews, who was willing to pay $60,000
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