Question: Choose the most correct answer, from A - E below. A . The contract of lease is term - bound, while a contract of sale
Choose the most correct answer, from AE below.
A The contract of lease is termbound, while a contract of sale is not of a temporary nature.
B In keeping with the general requirement that contracts should be lawful, a contract will
come into being even where the law prohibits the sale of the merx.
CThe purchaser is entitled to delivery of the merx, this can also mean that the seller is liable
for physically offloading it on the purchaser's doorstep.
D A contract of sale is also distinguished from a contract of exchange in that, in case of a
contract of exchange, one object is rendered as consideration for another object, while a
monetary amount usually does not constitutes the consideration in case of a contract of
sale.
Elf the parties leave the agreement of a price to a third party and he refuses or is unable to
fix a price, then there can still be a sale.
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