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Question 8 3 marks Explain whether in the following situations a contract is created by referring to the fundamental elements that creates a contract? Just one sentence for each situation in your reply. a) A advertises in the newspaper which says that if anyone completes a 100km swim she will give them a 50 prize. B completes the swim after reading the advert. b) An oral promise between A and B that A will sell a pen to B. c) A writes to B to ask whether he would accept to buy three submarine engine built with British standard at price of 1,000,000 each, B replies to A saying he agrees to buy at price of 5,000 each