LPL4805 Assignment 1
Semester 2 2024 - DUE 20
August 2024
[Company address]
, 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:
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 pablitoh11. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R50,00. You're not tied to anything after your purchase.