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PVL3702 EXAM PACK 2024/2025
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PVL3702 EXAM PACK 2024/2025 QUESTIONS WITH WELL OUTLINED ANSWERS. COMPILED FROM RECENT PAST EXAM PAPERS. PERFECT FOR EXAM PREPARATION.
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,UNIVERSITY EXAMINATIONSMay/June 2024
PVL3702
Law of Contract
100 Marks
10 May 2024
08h00-11h00 (3 Hours)
First examiner: Adv R Ismail (First Examiner)
Second examiner: Professor CJ Pretorius (Second Examiner)
This paper consists of 9 pages.
, This is a closed-book examination
THIS IS A TAKE-HOME EXAM
PLEASE READ THE FOLLOWING VERY IMPORTANT INFORMATION CAREFULLY
BEFORE ANSWERING THE EXAMINATION QUESTIONS.
, QUESTION 1
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.”
The offer sets out all the relevant terms, and 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.”
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. Do a detailed
analysis and application of the offer and acceptance requirements and advise Jack if there is a
legally binding contract between him and Jill. You must also advise Jack about his concern that
he only informed Jill after 5 March 2024, that he accepted Jill’s offer. Discuss
fully. Do not apply the Consumer Protection Act 68 of 2008 to this question. [20]
QUESTION 2
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