Question: 1500 words please Answer the following task. Each task carries 10 marks. Maximumwordlimit:1500 Task1. Mubarak purchased a pick-up truck from Suhail Bhavan. At the time
Answer the following task. Each task carries 10 marks. Maximumwordlimit:1500 Task1. Mubarak purchased a pick-up truck from Suhail Bhavan. At the time of the sale Mubarak was 16 years of age but he misrepresented to be a major. Mubarak trashed the truck on a tree and thereafter the engine of the truck was not in a good condition. After the truck broke down Mubarak sought to rescind the sale on grounds that he lacked legal capacity to enter the contract at the time of the sale. a) Examine whether there is a valid contract between Mubarak and Suhail Bhawan with the help of supporting case law? (5 marks) b) Explain the importance of the essential elements required for the formation of a valid contract and examine whether these elements of contract are present in the above scenario? (5 marks) Task 2. Two friends, Fida and Azzan decided to start a business after their graduation. They intend to start their business operations before the upcoming Ramzan. As a legal consultant advise them on legal formalities and processes involved in establishing business in Oman. You are asked to select any one type of business structure operating in Oman and explain a) The basic concept of the Business structure you have selected (5 marks) b) The process of registration of the selected business structure
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