QUESTION 2 5 MARKS

2.1 Identify and define the following legal concept:

Deon put his house on the market for the purchase price of N$ 450 000.00. On the 3^rd of March Mary came and had a look at the house and asked Deon not sell it to anybody else until the 12^th of March, by which date she will tell him whether or not she will buy the house. Deon agreed. (2)

2.2 The basic principles in terms of which disputes have to be heard are known as the rules of natural justice. Name and briefly explain these two rules.(2)

2.3 Name the two elements of consensus. (1)