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LML4805 Assignment 1 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED R50,00   Add to cart

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LML4805 Assignment 1 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED

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Well-structured LML4805 Assignment 1 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!).... Briefly explain the differences between a representation and a warranty; between an affirmative warranty and a promissory (continuing) warranty; between a warra...

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  • August 11, 2024
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LML4805
Assignment 1 Semester 2 2024
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Due Date: 16 August 2024


QUESTION 1 (2 ANSWERS PROVIDED)

Differences Between a Representation and a Warranty

Representation is a statement made by one party to another, generally during pre-contractual
negotiations, to induce the other party to enter into a contract. It is not a term of the contract
itself. If a representation turns out to be false, the party relying on it may have a claim for
misrepresentation, which is a delictual claim. For instance, if an insured falsely states that they
have never had any accidents in the past three years when applying for car insurance, this
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