Answer to Question #139973 in Law for Sisanda

Question #139973
Andy and Jonathan, two eight -year-old boys, travel about two kilometres to school on their bicycles everyday. Andy's bicycle has broken down and he has consequently missed several classes. Jonathan and Mr Smith, Andy's father, agree that Jonathan will sell one of his bicycles to Andy and that Andy will give R500 to Jonathan in full exchange. Discuss whether the above scenario compiles with all the requirements for the formation of a valid contract
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