100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
LML4807 Assignment 1 Semester 1 2024 - DUE 5 April 2024 R47,07   Add to cart

Exam (elaborations)

LML4807 Assignment 1 Semester 1 2024 - DUE 5 April 2024

 30 views  2 purchases

LML4807 Assignment 1 Semester 1 due 05 April 2024 ... 100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 .

Preview 2 out of 8  pages

  • March 15, 2024
  • 8
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
All documents for this subject (28)
avatar-seller
LIBRARYpro
LML4807
ASSIGNMENT 1 SEMESTER 1 2024

, LML4807 Semester 1

Assignment 01

Submission date and time: 05 April 2024 : 21h00



QUESTION;

Briefly discuss the following prescribed case:

Standard Bank of South Africa Ltd v Echo Petroleum 2012 (5) SA 283 (SCA)



ANS;


1. Facts of the Case

In Standard Bank of South Africa Ltd v Echo Petroleum 2012 (5) SA 283 (SCA), Standard
Bank provided a loan facility to Echo Petroleum. As part of the loan agreement, Echo
Petroleum provided a suretyship in favor of the bank. However, Echo Petroleum
subsequently defaulted on the loan, leading Standard Bank to demand payment from the
surety, which Echo Petroleum resisted.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 LIBRARYpro. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R47,07. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

76669 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R47,07  2x  sold
  • (0)
  Buy now