1on 10 August 2011 jane concludes an agreement with AMG insurance in terms of which the company undertakes to compensate jane for any damage incase of a fire .she inherited the house from her father. she undertakes to pay a monthly premuim of $300 and the first premuim will be due on 31 august. on 20 august the house burns down.

A as a contract of insurance came into existance on 10 august amg is bound to compensate jane for the damage.

B a valid contract will only come into existance when the first premuim is paid

2 paulus owes money to paul. the full amount of the debt is secured by suretyship contract in which evert is the surety and also by a cession to paul of paulus right to recieve payment from ryan

Which one is incorrect

A paulus may cede to evert his right to recieve payment from ryan

B paulus is not intitled to sue ryan for the money he owes him in order to pay paul

c evert is not entitled to benefit of division if paul attempts to recover the entire debt from him

d evert may possibly obtain a right to the money which ryan owes to paulus if he settles the entire debt