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1.Which of the following indicates that the parties intend to be legally bound?
A A letter of comfort
B An agreement between a husband and wife to transfer property between them
C An agreement 'binding in honour only' (1 mark)
2.Which of the following is a correct rule for valid consideration?
A Consideration must pass from the promisee
B Consideration must be adequate
C Past consideration is generally valid consideration
D Executory consideration is generally not valid consideration
