1. Discuss the requirement of consensus in the formation of a contract. In your answer, consider the role of offer and acceptance and other relevant factors. Provide an example of a contract where consensus exists, and one where consensus does not exist.
2. The remedy of Rescission of a contract, on the basis of innocent misrepresentation on behalf of one of the parties, is not available in four situations. List and describe these situations, and provide one example for each situation.