Question: Question 1 (Marks: 101 Briefly explain why the following contracts are void or unenforceable. (1.1.1 Tina verbally agrees to stand surety for James' student loan


Question 1 (Marks: 101 Briefly explain why the following contracts are void or unenforceable. (1.1.1 Tina verbally agrees to stand surety for James' student loan from ZA Bank. (2) (1.1.2 Thabo and Sam are family friends and grew up together. Thabo phones Sam and (3) offers him R5 million for Sam's cattle farm. They agree that they have concluded a contract of sale in respect of the immovable property and do not see the need for a written offer and acceptance as each trusts the other. (1.1.3 Jane and John decide to get married in community of property. Jane's cousin is an (3) attorney and drafts the antenuptial contract for them free of charge as a wedding gift. They both sign the antenuptial contract and place it in a safety deposit box at the bank for safe keeping. Q.1.4 Lindi is in the process of purchasing an apartment from John. The conveyancing (2) attorney emails the Agreement of Sale (already signed by John) to Lindi to print out and sign. Lindi is overseas on holiday and places her electronic signature on the document and sends it back to the conveyancing attorney to lodge as part of the transfer documents. Question 2 {Marks: 30] (1.2.1 Identify the type of contractual clauses that are evidenced by the following scenarios or extract from contracts: (1.2.1.1 "No variation or consensual cancellation of this Lease shall be of any force (2) or effect unless reduced to writing and signed by both parties". (1.2.1.2 Mark undertakes to buy Lucy a new car after Lebo dies. (2) (1.2.1.3 Ben enters into a lease agreement with Sipho to rent Sipho's house for a (2) period of two years
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