Question $2$

Durban University of technology$($DUT$)$ has entered into a contract with ABC Corporation to supply dut staff members with stationary equipment. The contract will require both parties to have rights and obligations. However on the day of delivery there were global uncertainities and unexpected events like floods. Therefore ABC Corporation was unable to makr their delivery on the day of delivery.

Question $2\mathrm{.}1$:

$2\mathrm{.}1\mathrm{.}1$ Identify and discuss the key elements of a valid contracts that Duty and ABC corporation must ensure a present in their agreement

$2\mathrm{.}1\mathrm{.}2$ state what type of contract this is and discuss how both parties have right and obligations in terms of the contracts

$2\mathrm{.}1\mathrm{.}3$ assume all requirements of a contract have been Met how does it contribute to the validity and enforcability of the agreement

$2\mathrm{.}1\mathrm{.}4$ describe the type of performance of this contracts and provide an example