Exam (elaborations)
CLA1501-23-S2Assessment 1
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CLA1501-23-S2Assessment 1
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Time left 1:59:28 Question 1 Not yet answered Marked out of 1.00 Flag question Question textWhich one of the following is not an order for the execution of a contract? a. An order for
reduced performance. b. An order for damages. c. An order for specific performance d. A
prohibitory interdict. Question 2 Not yet answered Marked out of 1.00 Flag question Question
text Which ONE of the following statements is CORRECT? a. If Pedro borrows R 4 000 from Bongi
on 1 December and they agree that Pedro will pay the money back on 30 December, prescription
regarding the debt begins to run on 1 December. b. Pedro may cede a third of what Sam owes
him to Nick without Sam’s consent. c. Pedro owes Somandla Bank a total of R 200 000 in respect
of various transactions. He deposits an amount of R 50 000 with the bank but fails to stipulate
how the payment must be allocated. The bank is obliged to apply the whole sum towards the
reduction of Pedro’s obligations in respect of the capital on his home loan. d. Pedro (Pty) Ltd’s
debt of R 40 000 in favour of the Ntuli Construction Co (Pty) Ltd is extinguished when the two
companies merge.
It seems like you've provided a set of multiple-choice questions related to contract law and legal
concepts. You're asking for the correct answers to these questions. Here are the answers based
on the provided options:
Question 1: The correct answer is: b. An order for damages.
Question 2: The correct answer is: c. Pedro owes Somandla Bank a total of R 200 000 in
respect of various transactions. He deposits an amount of R 50 000 with the bank but fails
to stipulate how the payment must be allocated. The bank is obliged to apply the whole
sum towards the reduction of Pedro’s obligations in respect of the capital on his home
loan.
Please note that my responses are based on the options you've provided, and I don't have any
additional context about the questions. If you have more questions or need further clarification,
feel free to ask!
Time left 1:58:13 Question 3 Not yet answered Marked out of 1.00 Flag question Question text A
warranty is: a. A contractual agreement as provided for in the Alienation of Land Act 68 of 1981.
b. A contractual term which renders the existence of the contract dependent on an event which
has taken place in the past. c. A contractual term which renders the existence of the contract
dependent on an event which has taken place in the future. d. A contractual term whereby a
contracting party accepts absolute responsibility for proper performance. Question 4 Not yet
answered Marked out of 1.00 Flag question Question text Which ONE of the following is a
consequence of cession? a. The right forms part of the patrimony of the cessionary and of the
cedent. b. The cessionary receives the claim without the disadvantages attached to it. c. The claim
is transferred to the cessionary in its entirety together with benefits such as interest. d. Both the
cessionary and the cedent have the right to collect the debt.
Here are the answers to the additional questions:
Question 3: The correct answer is: c. A contractual term which renders the existence of the
contract dependent on an event which has taken place in the future.
Question 4: The correct answer is: c. The claim is transferred to the cessionary in its entirety
together with benefits such as interest.
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