Exam (elaborations)
PVL3704 Assignment 2 Semester 1 2023
- Institution
- University Of South Africa (Unisa)
PVL3704 Assignment 2 Semester 1 2023
[Show more]
Content preview
PVL3704ASSIGNMENT 2
SEMESTER 1
2023
lenovo
[COMPANY NAME] [Company address]
, PVL3704 Assignment 2 Semester 1
2023
For exam packs and any assignment,
Email: musyokah11@gmail.com
QUESTION 1
A has demanded payment from B of an amount of R50,000 which he believes
B is owing. B has checked its records and has paid the amount in the bona fide
belief that the amount is owing in terms of their contract. Unbeknown to B,
his bookkeeper, C had already paid the amount a week earlier by way of an
electronic funds transfer in to the account of A. At the time of the second
payment A's account was overdrawn in the amount of R30,000 and was
therefore in credit of R20,000 after the payment. A has taken R15,000 out of
his account to pay his employees their monthly wages. He has also paid
R10,000 for a luxury weekend after realizing that his account was in credit.
Which statement regarding the requirements for an enrichment action is
correct?
a. A has been enriched at the expense of B.
b. A has been enriched at the expense of C, who made the payment.
c. A's enrichment is not unjustified as there was a contract between A and B.
d. A's enrichment is unlawful because he made a demand for payment at a
time that it was not due.
e. B has been impoverished at the expense of the bank.
b. A has been enriched at the expense of C, who made the payment.
Explanation: A was enriched by receiving a payment that he was not entitled to
receive from B, because C had already made the payment on behalf of B.
Therefore, A's enrichment came at the expense of C, who made the payment. The
fact that A's account was overdrawn and that he subsequently used the money to
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 EFT, credit card or Stuvia-credit 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 this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller pablitoh11. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R50,00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
52510 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now