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Renee agrees to hire a vehicle from Lyle for a period of 1 year. Shortly after taking delivery of the car, Renee negligently collides with

Renee agrees to hire a vehicle from Lyle for a period of 1 year. Shortly after taking delivery of the car, Renee negligently collides with a bus, leaving the vehicle damaged beyond economical repair. Renee maintains that, because she no longer has use of the vehicle, she is excused from liability in respect of the monthly rent. Lyle does not agree.

Advise the parties of the requirement of possibility of performance in contracts. (10 marks) Discuss FIVE (5) ways in which a contract may be breached

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