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QUESTION 2 Peter is a building contractor who has to rebuild a hotel in a national game park that falls under the management of the

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QUESTION 2 Peter is a building contractor who has to rebuild a hotel in a national game park that falls under the management of the Kwazulu Hotels Group (Pty) Ltd (the 'KNP') after the recent floods. The agreement between the KNP and Peter is that he will be allowed access to the park from 1 April 2022 to 2 April 2022 to do measurements for the project. They agree that the construction is to start on 1 July 2022, and that the building must be finished by 30 December 2022. The KNP will pay Peter R 2 500 000-00 for the building works 60 days after date of issue of completion certificate by the architect. Draft a short and basic contract that will serve as the written contract between the parties Peter and the KNP . You must now draft ONLY the specific clauses listed below, for the purposes of the contract between Peter and the KNP ACCORDING TO THE INSTRUCTIONS BELOW. . NUMBER your clauses clearly and insert them strictly in the numbered SEQUENCE below. . Add additional information such as numbers, descriptions and the like where required. . BUT DO NOT add any additional clauses! . DO NOT copy irrelevant contracts/clauses from other contracts! 1. A description (with full details) of the parties involved (6) 2. The essentialia (with full details) for the specific contract (8) 3. Any resolutive time period (2) 4. Any suspensiondition (2) 5. A cancellation clause (2) 6. A penalty clause in favour of the contractor (4) 7. A clause that deals with force majeure or unforeseen circumstances event (4) 8. A clause on an effective way to formally amend the contract document to reflect changes agreed to by the parties. (2) TOTAL Question 3: [30]

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