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Summary KTR211 everything up to chapter 12: very detailed summaries. R150,00
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Summary KTR211 everything up to chapter 12: very detailed summaries.

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KTR211 everything up to chapter 12: very detailed summaries including case law and legislation

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  • October 18, 2022
  • 207
  • 2022/2023
  • Summary
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By: meghammond • 1 year ago

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kiaradavey
KTR211
Example
Case
Legislation


CHAPTER 1: THE NATURE AND BASIS OF A CONTRACT


The notion of contract
 Contract as an agreement (if no agreement – there is no
contract) intended to create enforceable obligations –
o Contract is a TYPE of agreement between two/more parties,
BUT not all agreements are contracts:
 Couple agree that husband will wash dishes after
dinner, this is not a binding contract/agreement entered
into as a joke or in a play.
 Parties to social and domestic agreements do not
intend their agreement to give rise to legally binding
obligations.
 Factor that distinguishes contracts from non-binding
agreements is aminus contrahendi (serious/want
intention to create legally enforceable obligations).
 Absence of aminus contrahendi makes agreements
not enforceable.
 Whether or not parties intended their agreement to be
binding in law is a matter of fact to be determined by
available evidence.
 Where a party lacks aminus contrahendi but leads
the other party into reasonable belief that they

, seriously intended to bind them, the law will protect that
reasonable belief and uphold the contract despite the
absence of genuine agreement.
 Legally binding agreements that are not contracts:
o The fact that parties seriously intend their agreement to have
binding legal effect does not necessarily mean that it is a
contract, not all binding agreements are contracts.
o Some agreements are intended to create obligations
(Obligationary Agreements) but to destroy them (Absolving
Agreements) or honor an obligation by transferring rights
(Real/Transfer Agreements).
o Obligationary Agreements (IS A CONTRACT: creates
reciprocal obligations) –
 If nothing on evidence that shows parties lack of
capacity, we assume they have capacity.
 Performance is certain and it is also possible to
perform it as nothing on facts suggest otherwise.
 Both parties know and agree on performance each
must perform and have consensus, with regards to that
and unless the agreement is required to be in a certain
form, there are no formalities.
 If object of sale is not prohibited by statute or common
law then it is legal (there is a contract).
 Like sale and lease –
 Obliges seller to transfer sold thing to purchaser
who is bound to pay.
 If purchaser cancels the sale, then that is an
Absolving Agreement (NOT A CONTRACT: does
not create reciprocal obligations).

,  The obligation of the purchaser to pay is a
bilateral juristic act.
 The obligation of the seller to transfer ownership
to the purchaser would take place by traditio
(physical element – delivery of thing) (mental
element – concurring intentions on part of the
seller and the purchaser to transfer [aminus
transferendi]and acquire ownership [aminus
acquirendi]).
o Real/Transfer Agreement (NOT A CONTRACT) –
 To agree when, where, why and how to sell the right is
contract but the actual transfer of rights is not a
contract, it’s the performance of an
agreement/honoring of an obligation.
 Mental element of traditio.
 Obligationary Agreement is the underlying reason
(causa traditionis) for the transfer.
 Cession:
 If someone has right to claim money from
another arising from contract/other source of
obligation.
 They can sell the right to claim money.
 Sale of rights is a contract/obligatory agreement
that obliges seller of rights to transfer rights to
purchaser.
 Sale itself does not transfer right (achieved by
cession which is a separate agreement entailing
concurring intentions: to transfer rights on sellers’
part and take transfer on purchasers part).

,  Legally binding agreements that are more than just contracts –
o Some legally binding agreements that create obligations for
the parties cannot be regarded as merely contracts because
they contain elements giving another dimension
altogether/elevating them into a separate category:
 Marriage –
 agreement sui generis – giving rise to a
relationship that confers on the parties a status of
a public character.
 Primary purpose is not creation of obligations,
and many normal principles pf law of contract
don’t apply to it.
 Cannot be made/unmade by free exercise of will
of parties without intervention of the state.
 Certain invariable consequences that cannot be
excluded by parties.
 Judgment by consent –
 Parties to litigation that conclude an agreement
settling issues in a dispute ask court to make
order that reflects terms of agreement.
 Judicial act with all authority, force, and effect of
any order of court.
 Remains in substance a contract of the parties
but has elevated status.




 Agreements entered into with public bodies or organs
of state –

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