LML4807 ASSIGNMENT 1 MEMO - SEMESTER 2 - 2023 - UNISA - (DETAILED ANSWERS WITH REFERENCES - DISTINCTION GUARANTEED) – DUE DATE: - 22 AUGUST 2023
Carefully read the case below, from your prescribed reading list, and answer the following questions: Joint Stock v Absa Bank 2008 (4) SA 287 (SCA) T...
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LML4807
Banking Law and Usage
ASSIGNMENT 1 MEMO
SEMESTER 2 – 2023
UNIQUE NUMBER: -
DUE DATE: - 22ND AUGUST 2023
Includes Footnotes and/or Bibliography*
QUESTION 1
Carefully read the case below, from your prescribed reading list, and answer the following questions:
Joint Stock v Absa Bank 2008 (4) SA 287 (SCA) The allocation of marks for this case discussion is as follows:
1. Briefly outline the key facts of the case (3)
2. What were the main arguments by the concerned parties (2)
3. Summarise the decision of the court (meaning the reasons for the decision of the court) (4)
4. Provide your critical comment on this decision, in particular the finding by
Cachalia JA in respect of the knowledge of the bank (your own opinion on whether the court correctly interpreted the
law) (1)
In the case of Joint Stock v Absa Bank 2008 (4) SA 287 (SCA), the key facts and main arguments by the concerned
parties are as follows: ANSWERS CONTINUE….
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