LML4804 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE 26 August 2024
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Module
LML4804 Assignment 1 Semester 2
Institution
University Of South Africa
LML4804 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE 26 August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App
QUESTION 01 (Gross-income) 1.1 Freedom Movement Party (FMP) is a newly established political party which was registered to contest ...
, LML4804 Assignment 1 (COMPLETE ANSWERS)
Semester 2 2024 - DUE 26 August 2024 ; 100%
TRUSTED Complete, trusted solutions and
explanations. For assistance, Whats-App
QUESTION 01 (Gross-income)
1.1 Freedom Movement Party (FMP) is a newly established
political party which was registered to contest 2024 National and
Provisional elections. It concluded a contract with Green Print
Media House (Pty) Ltd (GP Media House). In terms of the
contract, GP Media House had to print 3000 3D posters on behalf
of FMP depicting the image of its leader for its campaign. GP
Media House was also expected to air FMP political
advertisements through its media partners on radio stations and
television. On April 2024, FMP paid a deposit of R150 000 and
undertook to pay the remainder amount on 30 June 2024. After
the conclusion of national elections, FMP reviewed its
performance on the national elections and noted that it did not
accumulate enough votes it hoped for. A report from the external
service provider appointed by FMP to investigate its poor
performance, concluded that FMP did not reach large audience.
On August 2024, FMP wrote a letter to GP Media House notifying
the company that it will no longer pay the outstanding amount to
GP Media House and it also considered its options to sue the
company for its failure to honour the contractual obligations
between the parties. As part of the contractual obligation between
the parties, FMP learned that GP Media house failed to air its
political adverts on radio station and television according to the
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