Naledi and Yusuf discuss the transfer of Yusuf’s tablet. Naledi believes she is purchasing the tablet for R2 000, while Yusuf believes he is lending it to her for a month. Both parties agree that Naledi may take the tablet immediately. Which ONE of the following statements best reflects the legal position?

Question

Answer

Neither party intended to be legally bound by the arrangement.

Answer

Naledi and Yusuf have not reached consensus on the nature of the agreement.

Answer

There is no consensus regarding the specific item being transferred.

Answer

A valid contract was concluded between Naledi and Yusuf.

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Naledi and Yusuf discuss the transfer of Yusuf’s tablet. Naledi believes she is ...

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