100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
PVL3704 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE 15 August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. $2.57   Add to cart

Exam (elaborations)

PVL3704 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE 15 August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations.

 27 views  0 purchase
  • Module
  • Institution
  • Book

PVL3704 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE 15 August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations.

Preview 2 out of 10  pages

  • July 23, 2024
  • 10
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
avatar-seller
PVL3704 Assignment
1 (COMPLETE
ANSWERS) Semester 2
2024 - DUE 15 August
2024 ; 100% TRUSTED
Complete, trusted
solutions and
explanations.




ADMIN
[COMPANY NAME]

, Question 1 Discuss in general (without reference to a specific
enrichment action) how the extent of enrichment liability (or the
quantum of the enrichment claim) will be calculated. (10)


The extent of enrichment liability, or the quantum of the
enrichment claim, is calculated based on the principle of unjust
enrichment in the law of obligations. This principle dictates that
one party should not be unjustly enriched at the expense of
another without compensating the latter. The calculation involves
assessing the actual benefit received by the enriched party and the
corresponding impoverishment of the impoverished party. Here is
a general outline of how the quantum of an enrichment claim is
determined:
1. Assessment of Enrichment
Enrichment occurs when one party receives a benefit, whether it
be money, goods, services, or other advantages. The first step is to
quantify the benefit received by the enriched party. This can
include:
• Monetary Gains: Direct financial benefits like money
received.
• Non-Monetary Gains: Benefits such as property, goods, or
services which have a measurable market value.
• Savings: Where the enriched party saves expenses they
would otherwise have incurred.
2. Assessment of Impoverishment

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller MasterVincent. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $2.57. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

64438 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now

Start selling

Recently viewed by you


$2.57
  • (0)
  Add to cart