question

Choose the correct answer from the given options in each of the foll$1\mathrm{.}2$ In determining whether a contract has been concluded, certain rules of offer and

acceptance apply. Which of the following statements is false?

A An offer may not be revoked before acceptance.

B Performance of the conditions of an offer is an acceptance of that offer.

C Acceptance must be absolute and unqualified and it must be

unequivocally conveyed to the offeror that it is so intended.

D An offer lapses upon the death of either the offeror or offeree.

E All of the above.

$1\mathrm{.}3$ An offeror may freely withdraw his offer provided that it has not been accepted

and provided the offeror had not bound him$/$her to keep the offer open. Such a

withdrawal of an offer is known as:

A Option

B Waiver

C Revocation

D Entrenchment

E Right of pre$-$emption

$1\mathrm{.}4$ A right of pre$-$emption is:

A A right one obtains in order to refuse or accept the purchase of an item first.

B A right acquired by a person in terms of a testament of another

C A right, which comes into existence because you have the choice to decide to contract at a later date.

D A right, which must come into existence on a certain future date

E None of the aboveowing questions. write the correct letter only

$1\mathrm{.}5$ Our courts have authoritatively laid down that where in the ordinary course the Post Office is used as the channel of communication and a written offer is made, the offer becomes a contract at the time when, and the place where, the letter of acceptance is posted. The above principle is known as:

A The information theory

B The declaration theory.

C The reception theory.

D The expedition theory.

E The communication theory. $\{2\}$

$1\mathrm{.}6$ Undue influence comes about as a result of:

A A false statement of fact, which is material, but made without intention

by the maker thereof.

B A mistaken perception concerning the nature or obligations or person to

a contract, which influenced a person to enter into a contract.

C Parties to a contract being placed in the position they were prior to the

conclusion of the contract.

D A threat to a person's freedom made by the other contracting party or

the duly appointed agent of such contracting party which influenced the

threatened party to enter into the contract.

E None of the above.

$1\mathrm{.}7$ Charles is a $15-$year$-$old pupil$/$us$.$ State which of the following contracts would be binding on both contracting parties.

A He buys a television set for the purchase price of N$ $2500$ on credit without the consent of his guardian.

B He buys a motorcycle in terms of the Credit Agreements Act $75$ of $1980$ without the consent of his parents, but a week later they ratify the agreement.

C He takes out a life insurance policy from Prosperity Life Insurance Company for the insurance of his life for N$ $5$ million of which his girlfriend is the beneficiary.

D He consents to surgery in order to remove his kidney for a donation to an ill friend.

E Both B and D