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lOMoAR cPSD| 8845461LPL4801
EXAM
Law of Lease and Sale
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LPL4801 Multiple Choice Questions &
Long Questions with Answers.
(Past Assignments; Activities, Exams &
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Disclaimer
Extreme care has been used to create this document, however the contents are provided as is without any
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SALE AND LEASE
MULTIPLE CHOICE QUESTION PACK
Question 1:
Which one of the following statements is CORRECT?
Downloaded by Dr G. (drgeeelectronic@gmail.com)
, lOMoAR cPSD| 8845461
(1) A valid contract of sale is concluded only after the seller
has delivered the thing sold to the purchaser.
(2) In SA Wood Turning Mills (Pty) Ltd v Price Bros (Pty) Ltd
the court held that the contract was a locatio conductio
operis.
(3) An emptio spei is a contract of sale subject to a
suspensive condition. (4) A contract of sale in which a dentist
undertakes to make a set of dentures with the dentists
own material for a patient for R2000 is an emptio rei
speratae.
Answer: 4 — SA Wood Turning Mills said the sale in
casu was a emptio rei speratae when the seller uses his
own material.
Question 2:
Which one of the following statements is CORRECT?
(1) The purchaser can always select the thing sold in an
alternative sale. (2) A valid contract does not arise if the two
essentialia for a sale is absent as terms of the contract.
(3) A contract of sale for a reasonable price can be valid in
certain circumstances.
(4) A contract of sale in which the price is to be determined
by a third party only comes into being after a reasonable
price has been determined by the third party.
Answer: 3
(the word always in option (1) should indicate this in
incorrect. Regarding option (2), a valid CONTRACT can
arise, it may just not be a sale contract!).
Question 3:
Which one of the following statements on section 2(1) of the
Alienation of Land Act 68 of 1981 is INCORRECT?
Downloaded by Dr G. (drgeeelectronic@gmail.com)
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