Other
MRL2601 Assignment 2 - Grade achieved: 18/20
- Course
- Institution
Assignment 2 contains answers and references
[Show more]
Seller
Follow
michellevaugh1n
Content preview
MRL ASSIGNMENT 2BY
[TAVIA KIM PARKS]
(12540110)
SUBMITTED IN PARTIAL FULFILMENT OF THE REQUIREMENTS FOR
THE DEGREE
LLB
IN THE
DEPARTMENT OF MERCANTILE LAW
SCHOOL OF LAW
UNIVERSITY OF SOUTH AFRICA
SUPERVISOR: PROF J GELDENHUYS
(ASSIGNMENT NUMBER 02)
MODULE CODE: MRL2601
UNIQUE CODE: 347800
2024
, Question 1
1.1) In order to prove the estoppel, Office Supplies Ltd would have to prove in
accordance with the case of Aquarius Maritime (Pty) Ltd v MV Agatis and Others:
The three elements which the promisee is required to prove were said to be trite,
namely (a) that the promisor made a clear and unequivocal promise; (b) that the
promisee acted in reliance on the promise; and (c) that as a result of the reliance the
promisee suffered detriment.1
Additionally, Office Supplies Ltd can prove that the misrepresented company either
intentionally or due to negligence, that the individual concerned had the necessary
power to represent the company. The misrepresentation was made by the company (in
this case Furnmax (Pty) Ltd) and the third party (Office Supplies Ltd) was prejudiced by
this misrepresentation and was induced to deal with the induvial due to the
misrepresentation.2
The case of Freeman and Lockyer v Buckhurst Part Properties (Mangal) Ltd the court
held that estoppel could not rise from Articles which refers to the Memorandum of
Incorporation in terms of the current Companies Act, due to Furnmax (Pty) Ltd’s
directors having knowledge of Lesedi’s contract, allowed him (a director) to act as the
managing director which resulted in culpable representation that he had the authority
to act.3
The contract (promise) Lesedi had with Office Supplies Ltd was to deliver the office
equipment and then they receive payment. Lesedi created the conduct that lead Office
Supplies to believe something false to be factual. In order for Office Supplies Ltd to
prove representation, there must be a very clear and unmistakable statement such as
a promise (or in this case a contract) from Lesedi to them which created the expectation
which is mentioned in the case of Africast (Pty) Ltd v Pangbourne Properties Ltd ‘must
be a misrepresentation of a fact; ie, the estoppel denier must be shown to have initially
told or insinuated by conduct, a falsehood or induced a reasonable belief in a
falsehood.’4 Representation can be implied with Lesedi’s two previous contracts with
1 Aquarius Maritime (Pty) Ltd v MV Agatis and Others [2015] ZAWCHC 62 (15 May 2015) [58].
2 Unisa, Entrepreneurial Law: Study Guide for MRL2601 (University of Pretoria 2022) 47.
3 Freeman & Lockyer v Buckhurst Park Properties (Mangal) Ltd [1964] 2 QB 480.
4 Africast (Pty) Ltd v Pangbourne Properties Ltd [2013] 2 All SA 574 (GSJ) [45].
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 michellevaugh1n. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $5.69. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67474 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now