3. Which of the following situations contain an element of fraud? A. Jerry did not inform Tom that the house he wants to sell to Tom has a leaking roof
B. Fauziah repaired her broken washing machine before offering to sell it to Mona
C. Alang told Fakhrul that his land is valued at RM65,000 despite knowing that the land
is only worth RM55.000
D. Mei Lee informed Laxmi that the bungalow she wanted to sell to Laxmi has a
fabulous view

4. The following is TRUE about consideration EXCEPT
A. it must not be unlawful
B. it must match the market value
C. it can be in the form of money or services
D. it can come from a third party

5. Leong offered to rent his shop to Raju for RM2500 per month on 4 December. He
changed his mind and posted a letter to revoke his offer on 9 December. Raju posted his
acceptance letter on 12 December and the letter reached Leong on 21 December. On 13
December, Raju received the letter of revocation from Leong. Which of the following
describes the legal effect of the above situation?
A. The offer is not valid
B. The acceptance is not valid
C. The revocation of offer is not valid
D. The contract is not valid