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1. In contract law, the 'market rule' arises in relation to which of the following?
A Offer
B Consideration
C Remoteness
D Mitigation (2 marks)
2. In relation to a debenture, which of the following is not true?
A It may be issued at a discount
B Interest on it may be paid from capital
C It is paid after preference shares
D It is freely transferable (2 marks)