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LPL4805 Assignment 1 Semester 2 2024 - DUE 20 August 2024 R50,00   Add to cart

Exam (elaborations)

LPL4805 Assignment 1 Semester 2 2024 - DUE 20 August 2024

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LPL4805 Assignment 1 Semester 2 2024 - DUE 20 August 2024 QUESTIONS WITH DETAILED ANSWERS

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  • July 19, 2024
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LPL4805 Assignment 1
Semester 2 2024 - DUE 20
August 2024




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, LPL4805 Assignment 1 Semester 2 2024 - DUE 20 August 2024




Question 1.

Explain the purpose of notarial noting and protest an indicate its procedural benefit. (7)

Question 2.

2.1. Discuss the characteristics of servitudes. (6)

2.2. How may servitudes be terminated? (7)

Question 1: Notarial Noting and Protest

Purpose and Procedural Benefit of Notarial Noting and Protest

Notarial Noting:

• Purpose: Notarial noting is a formal process conducted by a notary public when

a negotiable instrument (like a bill of exchange or promissory note) has been

dishonored. This means that the instrument was presented for payment or

acceptance, but the required action was not taken.

• Procedural Benefit: The main benefit of notarial noting is to provide an official

record of the dishonor. This can be crucial evidence in subsequent legal

proceedings, demonstrating that the holder took the necessary steps to present

the instrument and that it was dishonored.

Notarial Protest:

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