(OBLIGATIONS AND CONTRACTS) This is a scenarios which have to be answered using the law as basis. regarding the basic principles about the Regulatory Framework and Legal Issues in Business Write your answers clearly and concisely. Use the language of the law.  The answers must be comprised of 4 paragraphs. First Paragraph – Categorical Answer; Second – Legal Basis(what article); Third – Application of the Basis to the Problem; and Fourth – Conclusion.  After a series of negotiations, X and Y agreed that X will become Y’s mistress even if the latter is married to V subject to the condition that Y will donate a 1-hectare land to

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(OBLIGATIONS AND CONTRACTS)

This is a scenarios which have to be answered using the law as basis. regarding the basic principles about the Regulatory Framework and Legal Issues in Business Write your answers clearly and concisely. Use the language of the law. 
The answers must be comprised of 4 paragraphs. First Paragraph – Categorical Answer; Second – Legal Basis(what article); Third – Application of the Basis to the Problem; and Fourth – Conclusion. 


After a series of negotiations, X and Y agreed that X will become Y’s mistress even if the latter is married to V subject to the condition that Y will donate a 1-hectare land to X. When Y felt discontented, he broke up with X. Assume that the Donation is void and that X is of the opinion that the action for the declaration of inexistence of a contract has already prescribed since they already broke up;
Is X Correct?

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