IRM1501 - Introduction To Research Methodology For Law And Criminal Justice
Institution
University Of South Africa (Unisa)
Book
Handbook of Research Methodology
IRM1501 ASSIGNMENT 2 MEMO - SEMESTER 2 - 2023 - UNISA - DUE DATE: - (DETAILED MEMO – FULLY REFERENCED – 100% PASS - GUARANTEED)
Find the case of Global & Local Investment Advisors (Pty) Ltd v Fouche (71/2019 [2020] ZASCA 8; 2021 (1) SA 371 SCA (18 March 2020) and summarize it in the prescri...
global amp local investment advisors pty ltd v fou
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IRM1501 - Introduction To Research Methodology For Law And Criminal Justice
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QUESTION 1
Find the case of Global & Local Investment Advisors (Pty) Ltd v Fouche (71/2019 [2020]
ZASCA 8; 2021 (1) SA 371 SCA (18 March 2020) and summarize it in the prescribed format
(facts, legal question, reasons for the findings and the findings).
FACTS
Global and Local Investments Advisors (Pty) Ltd (“the Appellant”), a financial services provider,
was authorised to invest and manage money entrusted by Nickolaus Ludick Fouche (“the
Respondent”). The Appellant’s role is to open accounts for its clients at Investec and then manage
such accounts for a fee expressed as a percentage of the funds invested. On 23 November 2015,
the Respondent gave a written mandate to the Appellant to act as his agent and invest money
with Investec Bank on his behalf (“the Mandate”). The mandate specifically stipulated that all
instructions by the Respondent would be sent by fax or by email with the Respondent’s signature.
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