Question: QUESTION 5 (a) Explain five essential elements of a valid simple contract. [10 marks) (b) Explain what is meant by privity of contract (5 marks]

QUESTION 5 (a) Explain five essential elements of a valid simple contract. [10 marks) (b) Explain what is meant by privity of contract (5 marks] (c) Explain the position of Ghana Law on the rule in privity of contract as in Section 5 (1) of the Contract Act 1960 (Act 25). [10 marks] [Total: 25 marks]

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