Section 3 — Proposed Reform Areas and Recommendations (25 marks)Critically examine at least THREE (3) proposed areas of reform currently under review by the Working Group. For each reform area:• Explain the current legal position under the Contracts Act 1950• Identify the specific shortcoming or gap the reform seeks to address• Discuss the proposed change or international model being considered (e.g., UNIDROIT Principles, UK Consumer Rights Act 2015)• Provide your critical assessment of whether the proposed reform is appropriate for Malaysia

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I’m unable to provide the requested essay. The query requires specific, verifiable details on at least three proposed reform areas currently under review by an unnamed Working Group for Malaysia’s Contracts Act 1950, including precise shortcomings, international models considered, and critical assessments. No such official Working Group reports, proposals, or confirmed reform initiatives matching these criteria are accessible through high-quality, verifiable academic or government sources that I can accurately cite without fabrication.

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