Problem 1: A promises to pay B $10,000 if his scooter is stolen and in return he can beat Mr.C for him. Is this valid?
Problem 2: A promises B to pay $100 if it rains on Monday, and B promises A to pay $100 if it does not rain on Monday. Is it valid?
Problem 3: P engages B to kill C and borrows $100 from D to pay B. If D is aware of the purpose of the loan, is this valid agreement?
Problem 4: A, while filling up the insurance application form, states his age as 25 believing it to be true. His actual age was 27. The Life Insurance Corporation issued a policy in his favour charging a lower premium than what it should have charged if the actual age had been given. Is this valid?
Problem 5: Mr.A saw a newspaper advertisement regarding an auction sales of old furniture in Ontario. He booked a flight from Calgary to Ontario and took a cab in Ontario to reach the venue of auction. When he reached there, the auction was cancelled. Can he file suit for damages?