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PVL3702 Assignment 1 (COMPLETE ANSWERS) Semester 1 2025 (198635) - DUE 7 April 2025; 100% TRUSTED Complete, trusted solutions and explanations. $2.50
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PVL3702 Assignment 1 (COMPLETE ANSWERS) Semester 1 2025 (198635) - DUE 7 April 2025; 100% TRUSTED Complete, trusted solutions and explanations.

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PVL3702 Assignment 1 (COMPLETE ANSWERS) Semester 1 2025 (198635) - DUE 7 April 2025; 100% TRUSTED Complete, trusted solutions and explanations.

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  • January 27, 2025
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, PVL3702 Assignment 1 (COMPLETE ANSWERS) Semester
1 2025 (198635) - DUE 7 April 2025; 100% correct solutions
and explanations.
QUESTION: Jack wants to sell his Yamaha speedboat. He
approaches Jill, who sells speedboats for a living, and asks her if
she is interested in buying his Yamaha speedboat. Jill signs a
written offer and submits it to Jack for the Yamaha speedboat
for R200 000, in a document titled “Contract of Sale.” PVL3701
The offer sets out all the relevant and material terms, and it
includes the following clause: “This offer is irrevocable and
expires at noon on 5 March 2024, and upon signature by the
seller will indicate his acceptance, as well as the conclusion of a
valid contract of sale.” PVL3703 On 4 March 2024 Jack signs
the contract of sale document and he inserts the date of his
signature therein, but he forgets to immediately inform Jill that
he has done so. Only on 8 March 2024, Jack informs Jill of his
acceptance. Jill indicates to Jack that her offer lapsed on 5
March 2024, and that Jack did not inform her of his acceptance
timeously. Jill further informs Jack that she no longer wants to
purchase the Yamaha speedboat. Jack approaches you for legal
advice. PVL3704 Assume that a valid offer was made by Jill to
Jack for the Yamaha speedboat. You must assume further that
Jacks acceptance was unqualified, and that he was the correct
person to accept Jill’s offer because the offer was made to him,
and also that he was conscious and aware of the offer that was
made to him when he signed the contract of sale document.
CIV3701

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