(a) Explain the following statement under the Malaysian ContractLaw : “Consideration must be sufficient but need not be adequate.”
(b) Budget Travels, booked Hotel Kedekut for a 2 day healthevent for their staff. All the itinerary and the food to be servedwere confirmed already. The chef of Hotel Kedekut, who knows themanager of Budget Travels, Michael, very well has decided to makepastries and cupcakes for the health event on his own. The eventwas a success and Michael, being very delighted, promised to payfor the pastries and cupcakes to the chef on behalf of BudgetTravels but in the end he didn’t do so. Is Budget Travels under anobligation to do so?
(Total :20 marks)