Class notes
INTRODUCTION TO LAW
- Course
- INTRODUCTION TO LAW
- Institution
- University Of Fort Hare (UFH)
THESE DOCUMENTS THAT I UPLOADED, ALL OF THEM ARE RELATED TO COMMERCIALLAW AND THEIR EXTRA INFORMATION FOR A LLB STUDENT.
[Show more]
Seller
Follow
Content preview
COMMERCIAL LAW 002 –INSOLVENCY, LABOUR
LAW, ETC
PROF. PC OSODE
, INSOLVENCY LAW -
INTRODUCTION
Pertinent Questions
What is the meaning of INSOLVENCY?
What do you understand as the rationale for
the provision made for the insolvency procedure
under the law?
What is ‘SEQUESTRATION’ and on what
grounds can it be granted?
What are the CONSEQUENCES of insolvency?
What do you understand by the concept of
REHABILITATION in insolvency law?
, LABOUR LAW - INTRODUCTION
Pertinent Questions
What are the duties of employers and
employees?
How would you explain the concept of
‘vicarious liability?
What are the rights and duties of buyers and
sellers under contracts of sale?
What are the rights and duties of lessors and
lessees under contracts of lease?
What remedies are available to buyers?
, INSOLVENCY LAW -
INTRODUCTION
Definitions etc
Insolvency refers to a state of affairs in which a
legal person (individual or juristic) has debts and
liabilities (financial obligations) that EXCEED
her/his/its assets.
This can be mathematically represented as:
LIABILITIES > ASSETS; or
ASSETS < LIABILITIES.
In the real world, such a state of affairs would
naturally be very troubling for those to whom the
said person (the debtor/insolvent) is indebted. WHY?
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 akhanyile943. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R1.613,00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67474 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now