b) On 20th January 2021, Dan Willy entered into an agreement with Mike Danson in...

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Accounting

b) On 20th January 2021, Dan Willy entered into an agreement with Mike Danson in which Mike Danson agreed to smuggle some goods into the country for Dan Willy by the end of March 2021. Dan Willy promptly paid Mike Danson the agreed consideration of 500,000ksh in full, but Mike Danson has reneged on the deal. Dan Willy feels aggrieved and intends to sue Mike Danson. i) Analyze the legal principle applicable in this case. (6Marks) ii) Advice Dan Willy accordingly

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