CRW2602
Assignment 2 Semester 2 2024
Detailed Solutions, References & Explanations
Unique number:
Due Date: 20 September 2024
QUESTION 1
F, a 98-year old widow, has inherited R70 000 000 from her late husband. F’s lazy son-in-law, G,
has offered to “look after her money for her”. F therefore hands G R20 000 000 and instructs G to
buy her (F) shares in company A in the hope that the value of the shares in company A will increase
over time. Contrary to F’s instruction, G goes and buys shares in company B with the money. When
asked by F whether he (G) bought the shares in company A as instructed, G replies “yes”. It later
turns out that the value of the shares in company A decreased dramatically and that the value of
the shares in company B increased and that G, in fact, saved F a lot of money.
Terms of use
By making use of this document you agree to:
• Use this document as a guide for learning, comparison and reference purpose,
• Not to duplicate, reproduce and/or misrepresent the contents of this document as your own work,
• Fully accept the consequences should you plagiarise or misuse this document.
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is” without
any representations or warranties, express or implied. The author assumes no liability as a result of
reliance and use of the contents of this document. This document is to be used for comparison, research
and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted in any
form or by any means.
, +27 67 171 1739
Question 1
Not yet answered
Marked out of 1.00
Flag question
Question text
F, a 98-year old widow, has inherited R70 000 000 from her late husband. F’s lazy son-in-
law, G, has offered to “look after her money for her”. F therefore hands G R20 000 000
and instructs G to buy her (F) shares in company A in the hope that the value of the
shares in company A will increase over time. Contrary to F’s instruction, G goes and buys
shares in company B with the money. When asked by F whether he (G) bought the
shares in company A as instructed, G replies “yes”. It later turns out that the value of the
shares in company A decreased dramatically and that the value of the shares in
company B increased and that G, in fact, saved F a lot of money.
a.
G does not commit fraud because F did not suffer any prejudice.
b.
G commits fraud.
c.
G commits fraud and theft of money.
d.
G does not commit fraud because he did not benefit from the misrepresentation.
Question 2
Answer saved
Marked out of 1.00
Flag question
Question text
A and B are neighbors in a quiet little town. A and B both love baking. When their local
church holds a baking competition, both A and B eagerly participate. B wins first prize
for her vanilla cake and A is placed last in the competition. This infuriates A to take
revenge on B. A dyes B’s poodle pink, smashes the vanilla cake in B’s face and takes B
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is” without
any representations or warranties, express or implied. The author assumes no liability as a result of
reliance and use of the contents of this document. This document is to be used for comparison, research
and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted in any
form or by any means.
