ECS1501 ASSESSMENT 7 2024 blue berets supplied exceeding the quantity of blue berets demanded. This price control must be a price oor. quantity control. price ceiling. quota. If a price oor at...
Exam (elaborations) CLA1501 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (313246) - DUE 22 April 2024 ; •	Course •	Commercial Law IA - CLA1501 (CLA1501) •	Institution •	University Of South ...
Exam (elaborations) CLA1501 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (313246) - DUE 22 April 2024 ; •	Course •	Commercial Law IA - CLA1501 (CLA1501) •	Institution •	University Of South ...
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CLA1503 - Commercial Law IC
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CLA1503
ASSIGNMENT 2 FOR SEMESTER 1 & 2 OF 2021
UNIQUE NUMBER: 626985
QUESTION 1
Which ONE of the following sources will a South African lawyer consult on Roman
law?
1. the Constitution of the Republic of South Africa, 1996
2. Customary Law
3. the Corpus Iuris Civilis
4. South African Statute Law
, QUESTION 2
Jaco is a famous inventor of new, environmentally friendly trucks. He stands in his
ultra-modern workshop admiring the revolutionary new electrically powered truck
that he designed for the company, Big Trucks, which still owes him R5 000 000.
This sentence contains four legal objects, one from each of the four categories of
Jaco's subjective rights.
The R5 000 000 owed to Jaco is an example of …
1. a real right.
2. a personality right.
3. a personal right.
4. an immaterial property right.
QUESTION 3
In which ONE of the following situations was a VALID contract concluded?
1. Sally engages a professional seafood caterer to provide seafood for her
birthday party, to which twenty guests have been invited. All the guests confirm
that they will attend Sally's birthday party. The day before the party, ten of the
guests inform Sally that they will not be able to attend the party because they
prefer to attend a street party at the same time and date in Sandton.
2. Nicolas makes a new year's resolution and undertakes that he will save R500
each month by paying R500 into his savings account on the first day of each
month.
3. Peter purchases a new pair of running shoes for R600 on the official website of
Nike
4. Reeze undertakes to sell the moon and one star to Shana for R500.
QUESTION 4
Peter studies for a B.Com-degree at Unisa. While writing an examination he sees
a beautiful girl, Maureen, at the examination hall and falls head over heels in love
with her. He rushes to her, introduces himself and invites her to go to the movies
with him. They agree to meet the next Friday at 6 o'clock in front of Sterkinekor.
Peter arrives at Sterkinekor at the agreed time, but Maureen is not there. After he
has waited for more than two hours, he decides to go home and consults his
Commercial Law textbook to see whether he can take legal action against Maureen
for not honouring their appointment. Only later Peter learns that Maureen's car
broke down on her way to Sterkinekor.
Which ONE of the options provided below will complete the following sentence
CORRECTLY?
Peter's appointment with Maureen was NOT a contract because ...
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