Question: Study the scenarios below and explain how you would rule in each case. Give reasons for your answer.Scenario 2 Mike puts an ad in the

Study the scenarios below and explain how you would rule in each case. Give reasons for your answer.Scenario 2Mike puts an ad in the newspaper stating that he wants to sell his truck for R5000. James goes to Mikes home and tells him that he is interested in buying the truck. After looking at it, James hands Mike R5000 in cash, which Mike puts in his pocket. Just then, Steve drives up and tells Mike that hell give him R6000 for the truck. Mike hands James back his R5000 and sells the truck to Steve. James sues Mike for breach of contract.

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