Exam (elaborations)

LPL4805 Assignment 1 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED

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Course
Notarial Practice (LPL4805)

Institution
University Of South Africa (Unisa)

Book
Notarial Practice

Well-structured LPL4805 Assignment 1 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)..... Question 1. Explain the purpose of notarial noting and protest an indicate its procedural benefit. (7) Question 2. 2.1. Discuss the characteristics of servi...

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LPL4805
Assignment 1 Semester 2 2024
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Due Date: 20 August 2024

QUESTION 1 (2 ANSWERS PROVIDED)

Notarial noting and protest serve a critical role in the realm of negotiable instruments by
providing authentic and official evidence that such an instrument was properly presented for
acceptance or payment and subsequently dishonored. The procedure involves a notary public
drafting a formal document that records these events. This notarial document is considered
prima facie evidence, meaning it is accepted as correct until proven otherwise. Its procedural
benefit lies in its ability to establish the facts related to the presentment and dishonor of the
instrument in a legally recognized manner, thus simplifying the legal process. This notarial
evidence is particularly advantageous in that it cannot be contested during preliminary trial
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Exam (elaborations)

LPL4805 Assignment 1 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED

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