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Summary - Business Law and Compliance - LAW162 (LAW162) R149,33
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Summary - Business Law and Compliance - LAW162 (LAW162)

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This summary is designed to help students prepare for an exam by organizing key topics and prioritizing essential information. It breaks down the document into sections, highlighting important concepts, definitions, examples, and conclusions. Bullet points are used for clarity and easy review, with...

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  • November 9, 2024
  • 22
  • 2024/2025
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samiduplessis
LAW162
Business Law & Compliance
Summary

,Topic 1: The South African Legal System

1. Concept of Law:

o Definition: Law is a system of enforceable rules governing society’s conduct,
recognized as binding and enforceable by the state.

o Purpose: Law ensures order, resolves disputes, protects individual rights, and
provides a framework for fair societal interactions.

2. Purpose of Law and Rule of Law:

o Purpose of Law: Provides structure for social order, protects human rights, and
ensures justice.

o Rule of Law: A foundational principle meaning all people and institutions,
including the government, are accountable to the law. It supports democratic
governance by:

▪ Limiting government power.

▪ Ensuring judicial independence.

▪ Upholding human rights, such as equality and freedom, as enshrined in
the Constitution.

3. Main Divisions of Law:

o Public Law: Governs relationships between individuals and the state, covering
Constitutional, Administrative, and Criminal law.

o Private Law: Regulates relationships between private individuals, including
Contract, Property, and Family law.

4. Sources of Law:

o Constitution: The supreme law, which sets the foundation for all other laws.

o Legislation: Acts and statutes passed by Parliament or local councils.

o Common Law: Derived from Roman-Dutch and English law, forming a large part
of South African law.

o Judicial Precedent (Case Law): Courts follow previous judgments in similar
cases, especially from higher courts (doctrine of stare decisis).

o Customary Law: Laws evolving from community customs, respected within
limits, especially in personal law matters.

o International Law: South Africa incorporates international agreements and
principles into domestic law, as long as they don’t conflict with the Constitution.

5. History and Development of South African Law:

o South Africa’s legal system is a blend of Roman-Dutch Law (brought by Dutch
settlers), English Law (introduced during British colonial rule), and Indigenous
Customary Law.

, o The Constitution of 1996 formalized a mixed legal system and emphasizes the
rights of all citizens under a constitutional democracy.

6. Court Structures and Jurisdiction:

o Hierarchy:

▪ Constitutional Court: Highest court on constitutional matters, sets
binding precedents.

▪ Supreme Court of Appeal: Second highest, handles appeals in non-
constitutional matters.

▪ High Courts: Regional courts that address serious criminal and civil
cases, also handle appeals from lower courts.

▪ Magistrates' Courts: Lowest level, handling minor civil and criminal
matters; divided into district and regional courts.

o Jurisdiction: The authority a court has over certain cases, based on location,
subject matter, and amount in dispute.

7. Doctrine of Stare Decisis:

o Higher courts’ decisions are binding on lower courts, ensuring consistency and
predictability in the application of the law.

o The doctrine ensures that similar cases are treated alike, which is fundamental
to the rule of law.

8. Officers of the Court:

o Judges and Magistrates: Preside over cases, interpret laws, and ensure fair
trials.

o Attorneys and Advocates: Legal representatives with specific roles in court
proceedings.

o Legal Practice Council: Governs the conduct and ethical standards of legal
practitioners in South Africa.

9. Litigation, Arbitration, and Mediation:

o Litigation: Traditional method of resolving disputes in court, typically more
formal and time-consuming.

o Alternative Dispute Resolution (ADR):

▪ Arbitration: Disputes are settled outside of court by an arbitrator;
decisions can be binding.

▪ Mediation: A mediator facilitates discussions to help parties reach a
mutual agreement; less formal, often quicker and cheaper than court
proceedings.

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