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  3. 1.2. takalani, aged 17, buys a washing machine fro

1.2. Takalani, aged 17, buys a washing machine from Maria on credit for the amount...

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Accounting

1.2. Takalani, aged 17, buys a washing machine from Maria on credit for the amount of R3500.He received the appliance from Maria but must still pay her the amount by 1 April. On the duedate, Takalani forgets to pay her.a. Assess the obligation in this example (2)b. Indicate the creditor in this example (1)c. Conclude whether this transaction constitutes a contract. Provide reasons. (5)d. Analyse how your answer in question (c) would change if Pete was married.

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