Elizabeth is appointed as director of Slalom Ltd in terms of a contract which will terminate after five years. In her la

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Elizabeth is appointed as director of Slalom Ltd in terms of a
contract which will terminate after five years. In her last year as
director she concludes a building contract on behalf of Slalom Ltd.
In terms of the building contract, building will start two months
before Elizabeth’s contract with Slalom Ltd terminates.

Four statements are made about these contracts:

A Elizabeth’s contract as director is subject to a suspensive
time clause.
B Elizabeth’s contract as director is subject to a resolutive
time clause.
C The building contract is subject to a resolutive time
clause.
D The building contract is subject to a suspensive time
clause.

Which of the above statements
are CORRECT?
a.
A and D
b.
A and C
c.
B and C
d.
B and D