A contract is an agreement which is enforceable the law. (a) What are the prerequisites of a valid contract? (b) Explain the validity of the following contracts entered into Rita, aged 16 years: (i) A contract of apprenticeship as a hairdresser with Esther. (ii) A contract of purchase share in Medium Mayenne Company Ltd. (iii) A contract with Mrs. Bwisa Nyutu, a taxi driver to visit her mother in hospital. (iv) A guarantee Mrs. Kimani and Miss Tomno for an overdraft with a bank.

A contract is an agreement which is enforceable the law. (a) What are the prerequisites of a valid contract? (b) Explain the validity of the following contracts entered into Rita, aged 16 years: (i) A contract of apprenticeship Read More …