Pvl 3702 - Study guides, Class notes & Summaries

A contract is an agreement between two or more parties with the intention of creating enforceable obligations. To constitute an enforceable contract, an agreement must be one which the law recognizes as binding on the parties. → The extra ingredient that distinguishes contracts from non-binding agreements is a serious intention to create legally enforceable obligations (animus contrahendi). → The absence of an animus contrahendi explains why ‘gentlemen’s agreements’ are not enforcea...

PVL 3702 ASSIGNMENT 1 SEMESTER 1 2023 ANSWERS/SOLUTIONS

PVL3702 Law of Contract 2021 Semester 1 Assignment 1 X is one of ten people interviewed for a job which requires specialist skills and expertise, at company Y. All ten candidates were very keen to be employed at company Y, and at their job interviews for this position, they all signed a document titled “Offer of Employment”, which included the terms of employment proposed. Subsequently, X received a “Letter of Acceptance” signed by the relevant authorized representative of company Y, inf...

PVL3702 - LAW OF CONTRACT -ASSIGNMENT MEMO PACK

1. Identifying the problem The problem at hand in this particular case is whether an enforceable contract was concluded between her (X) and company Y and whether misrepresentation and mistake could offer a remedy based on the fact of the case. 2. Discussing the relevant law applicable to the problem First we need to establish what in actual fact a valid contract entails. A contract is essentially an agreement between two or more parties, but not all agreements are contracts the extra ingr...

MEMORANDA OF ASSIGNMENTS This tutorial letter contains the memoranda of the answers to the assignments. 1.1 Assignment 01 Question Read the judgments in Cape Explosive Works Ltd v South African Oil and Fat Industries; Cape Explosive Works Ltd v Lever Brothers (South Africa) Ltd 1921 CPD 244, Bal v Van Staden 1902 TS 128 and A to Z Bazaars (Pty) Ltd v Minister of Agriculture 1975 (3) SA 468 (A). Use the cases to identify the relevant examinable section(s) in the prescribed textbook. Study...

1. Identifying the problem The problem at hand in this particular case is whether an enforceable contract was concluded between her (X) and company Y and whether misrepresentation and mistake could offer a remedy based on the fact of the case. 2. Discussing the relevant law applicable to the problem First we need to establish what in actual fact a valid contract entails. A contract is essentially an agreement between two or more parties, but not all agreements are contracts the extra ingr...

Important Information Relating to the PVL3702 Assignments You must note that the timeous submission of Assignment 01 will grant you admission for the PVL3702 examination. You must further note that you will be required to submit two (2) assignments for this module, however, ONLY one of these assignments will be marked and it is only the marked assignment that will contribute towards your semester mark. It is only after the due dates for the submission of both assignments have expired, will...

Question 1- 2 Y and Z reach an agreement that should Y sell his leather couch, he (Y) will offer to sell it to Z first, before making an offer to sell the couch to any other person. Which statement is CORRECT? 1 Y and Z concluded an option contract. 2 Y and Z concluded a pre-emption contract. 3 Y and Z concluded neither an option contract nor a pre-emption contract. 4 Y and Z concluded an option contract and a pre-emption contract. 5 Y and Z concluded a contract subject to a resolutive condi...

PVL3702 EXAM PACK 2022 ( EXAM MEMOS WITH NOTES AND SOLUTIONS)