On 20^th January 2018, Mr. Guava agree to sell the apartment to Mr. Papaya for RM150,000. A week later when Mr. Papaya was about to pay the price, he changes his mind and informed Mr. Guava that he would not proceed with the contract because the consideration was inadequate as the market price of the apartment is RM90,000 only. Mr. Guava and Mr. Papaya come and see you for advice as to whether they can sue each other for breach of contract. Support your answer with Contract Act 1950 and decided cases.

Answer rating: 100% (QA)

Yes Mr Guava and Mr Papaya can sue each other for breach of contract Under the Contract Act 19... View the full answer