Question: [TOTAL 30 MARKS] SECTION B STRUCTURED QUESTIONS Answer ALL the questions 1. Define contract pursuant to the Contracts Act 1950 and explain briefly what is

[TOTAL 30 MARKS] SECTION B STRUCTURED QUESTIONS

[TOTAL 30 MARKS] SECTION B STRUCTURED QUESTIONS Answer ALL the questions 1. Define contract pursuant to the Contracts Act 1950 and explain briefly what is the Law of Contract [5 MARKS]. 2. State the seven (7) elements of a valid contract and explain briefly the even (7) elements of a valid contract [10 marks]. 3. A contract can be discharge in four (4) ways. State the four (4) ways and explain briefly each of the four (4) ways of discharge of contract [4 MARKS] Distinguish and Offer with Invitation of Treat by providing authorities to support your answer [5 MARKS] 5. What is a consideration and give examples to support your answer [6 MARKS]

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