Case Study 1 Mr Slayer, a 20-year old, has recently been employed by an insurance company. His duties require him to sell a minimum number of life insurance policies per month, otherwise he would lose his job. Mr Slayer approached his elderly neighbor, Mr Daffodil, and tried to convince him to buy a life insurance policy for each of him and his wife. After Mr Daffodil's refusal, Mr Slayer whispered: "Your and your wife's lives are precious. I suggest you either insure them now, or you will soon lose them in an unfortunate accident. I am sure you know what I mean". Consequently, Mr Daffodil agreed to sign a life insurance policy and then Mr Slayer asked him to sign a policy on behalf of his wife, by forging her signature, which he did. Questions 1- Explain the nature of the contract between the insurance company and Mr Daffodil. Is it: a- An expressed or implied contract? b- A bilateral or a unilateral contract? 2- Explain whether each of the contracts signed by Mr Daffodil (in his name and in his wife's name) is valid, Void, voidable or unenforceable. Elaborate