Exam (elaborations)
PVL3702 Assignment 1 Semester 2 2023 (698664) - DUE 21 August 2023
- Institution
- University Of South Africa
Exam of 7 pages for the course PVL3702 - Law Of Contract at University of South Africa (COMPLETE ANSWERS)
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[Date]PVL3702 Assignment
1 Semester 2 2023
(698664) - DUE 21
August 2023
QUESTIONS WITH ANSWERS
lenovo
[COMPANY NAME]
, PVL3702 Assignment 1 Semester 2 2023
Carol, an owner of an exclusive bicycle shop advertised a special limited-
edition bicycle for sale, and invited the public to make offers for the bicycle.
Jane and Portia were among many people who submitted written offers for
the bicycle. Jane’s offer was for R150 000, and Portia’s offer was for R190
000. Although Carol intended to accept Portia’s offer, she erroneously wrote a
letter to Jane, wherein she accepted Jane’s offer. Jane believes that an
enforceable contract was concluded but Carol denies this. Apply the iustus
error doctrine and advise if a legally binding contract was concluded between
Carol and Jane. Discuss fully and refer to case law in your answer. Do not
apply the Consumer Protection Act 68 of 2008
Title: The Iustus Error Doctrine and its Application in Contract Law
Introduction:
Contract law is a fundamental aspect of commercial transactions, aiming to
establish legally binding agreements between parties. However, in certain
situations, a party may make a genuine mistake during the formation of a contract,
leading to uncertainties about its enforceability. The iustus error doctrine, a Latin
term meaning "just error," addresses such scenarios where a party unintentionally
commits an error while entering into a contract. This essay explores the iustus error
doctrine, its principles, and how it applies to a specific case involving Carol, the
owner of an exclusive bicycle shop, and Jane, who submitted an offer for a limited-
edition bicycle.
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