100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MRL2601 Assignment 1 Semester 2 2024 (867833) - DUE 27 August 2024 R46,72   Add to cart

Exam (elaborations)

MRL2601 Assignment 1 Semester 2 2024 (867833) - DUE 27 August 2024

 5 views  0 purchase

MRL2601 Assignment 1 Semester 2 2024 (867833) - DUE 27 August 2024 QUESTIONS WITH ANSWERS

Preview 2 out of 6  pages

  • July 13, 2024
  • 6
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
All documents for this subject (49)
avatar-seller
inotes
MRL2601 Assignment
1 Semester 2 2024
(867833) - DUE 27
August 2024
QUESTIONS WITH CONPLETE ANSWERS




[School]
[Course title]

, MRL2601 Assignment 1 Semester 2 2024 (867833) - DUE 27 August
2024



QUESTION 1

Explain, with reference to relevant prescribed case law for this module, how
the court determines whether a specific business is a partnership. (10)

QUESTION 2

Explain the difference between the two types of trusts envisaged in the
Trust Property Control Act 57 of 1988. (5)

QUESTION 3

Briefly explain what the purpose of the establishment of a trust is and what
parties are involved in a trust.

### MRL2601 Assignment 1 - Semester 2 2024



#### QUESTION 1: Determining a Partnership



To determine whether a specific business is a partnership, South African
courts refer to several key criteria established through case law. The
following elements are essential in this determination:



1. **Contribution**: Each partner must contribute something to the
partnership, whether it be money, property, or effort. This contribution

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 inotes. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R46,72. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67866 documents were sold in the last 30 days

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

Start selling
R46,72
  • (0)
  Buy now