LML4807 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE 9 September 2024 ; 100% TRUSTED Complete, trusted solutions and explanations.
LML4807 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE 9 September 2024 ; 100% TRUSTED Complete, trusted solutions and explanations Ensure your success with us.
LML4807 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE 9 September 2024 ; 100% TRUSTED Complete, trusted solutions and explanations Ensure your success with us.
All for this textbook (9)
Written for
University of South Africa
Banking Law and Usage
All documents for this subject (6)
1
review
By: mhlahlo02 • 4 months ago
By: Academy360 • 4 months ago
Thanks and welcome again
Seller
Follow
Academy360
Reviews received
Content preview
, LML4807 Assignment 1 (COMPLETE ANSWERS) Semester 2
2024 - DUE 9 September 2024 ; 100% TRUSTED Complete,
trusted solutions and explanations.
Briefly discuss the following prescribed case: Durr v ABSA
Bank and Another 1997 (3) SA 448 (SCA) The allocation of
marks for the discussion is as follows: 1. Facts of the case (3) 2.
The legal issues before the court (1) 3. The decision of the court
(meaning the reasons for the decision of the court) (5) 4. Critical
comment (your own opinion on whether the court correctly
interpreted the law, or whether there is room for the law to be
amended to some extent) (1)
Case Discussion: Durr v ABSA Bank and Another 1997 (3)
SA 448 (SCA)
1. Facts of the Case (3 Marks):
In the case of Durr v ABSA Bank and Another, the plaintiff,
Durr, invested a substantial amount of money in a financial
scheme upon the advice of ABSA Bank's financial advisor. The
investment turned out to be a failure, and Durr lost a significant
portion of his capital. Durr claimed that the bank's financial
advisor had negligently misrepresented the safety and
profitability of the investment, leading him to suffer financial
loss. Durr argued that had he been properly informed of the
risks, he would not have invested in the scheme.
2. The Legal Issues Before the Court (1 Mark):
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 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 Academy360. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £2.05. You're not tied to anything after your purchase.