Question: SECTION A [ 1 0 0 MARKS ] Read the scenario below and answer ALL the questions that follow. The law of contract is fundamental

SECTION A
[100 MARKS]
Read the scenario below and answer ALL the questions that follow.
The law of contract is fundamental in order to promote confidence and clarity in both business and personal dealings. It
gives parties a structure for creating legally enforceable agreements, guaranteeing that rights, responsibilities, and
remedies are clear. The law of contract encourages economic stability by upholding contracts, which encourages
investment and corporate expansion. In addition, it maintains equity by ensuring that each party fulfils their commitments.
The law of contract is essential to upholding social order within the confines of the legal system, advancing justice, and
facilitating transactions.
Mark is an entrepreneur who owns an events company in Durban called Events For You Inc. Events For You Inc gained
acclaim for orchestrating unforgettable weddings in Durban. Mark's ambition to expand beyond local borders
necessitated meticulous planning and execution. His vision aimed to establish Events For You Inc as a premier luxury
wedding brand worldwide. With strategic partnerships in place, Mark initiated promotional campaigns targeting affluent
clientele. Collaborations with influencers and strategic use of social media platforms amplified brand visibility. Events For
You Inc exclusive wedding series generated significant interest, attracting inquiries from global couples seeking
extraordinary experiences. Mark has recently noticed Cameron's work on social media. Cameron is a 16-year-old
influencer who reviews the finest cuisine in Durban. Cameron resides with his aunt Theresa, who is also his legal
guardian. Mark thinks Cameron could assist in promoting his company.
(Singh; 2024)
QUESTION 1
(10 Marks)
Mark seeks your advice as he wants to understand the necessary legalities.
1.1 Discuss the term 'Consensus Ad Idem' in law. You are required to provide examples to illustrate your
understanding of the term.
1.2 Can Cameron contract in law? Discuss fully.
(5 Marks)
 SECTION A [100 MARKS] Read the scenario below and answer ALL

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!