PVL3701-OCT/NOV- EXAM PREP-LATEST.

OCT/NOV 2019 EXAM: 1. Under which of the following categories of things can a car be classified? Indicate the incorrect option. a) Composite things b) Movable things c) Consumable things d) Negotiable things 2. Sarah wants to sell her house in Sandton. She signs a contract of sale with John. After signing the contract, John meets some of his friends for dinner and tells them that he now owns a property in Sandton. What type of right does John have with regards to the Sandton property? a) Real right b) Personal right c) Limited real right d) None of the above 3. Tebogo cannot afford to buy a car. She knows she will have enough money to buy a car in six months’ time. She is interested in buying her friend, Angi’s car. Angi rents her car to Tebogo and they agree that Tebogo will buy the car after a period of sox months. Which of the following statements is incorrect? a) Tebogo has a personal right over the car b) Tebogo is the lawful holder of the car c) Tebogo has a real right over the car d) Tebogo is a lessee of the car 4. The relationship of a person who steals a cell phone and uses it as if it belongs to her can be described as: a) Mala fide possession b) Ownership c) Holdership d) Bona fide possession PVL3701-OCT/NOV- EXAM PREP-LATEST. 5. As owner of his car, John has certain entitlements. One of these entitlements is that John may be in control of his car. In view of this, which of the following statements is incorrect? a) John may transfer control to a pledgee b) John may rent his car to a friend and could transfer control to his friend for a certain period of time c) John has to remain in control of his car at all times to comply with the publicity principle. d) If John lends his car to his wife, he transfers control to her for a certain period of time. 6. A limited real right over a debtor’s movable thing, which is delivered to the creditor as security for the repayments of a principle debt which the debtor owes the creditor is a: a) Notarial bond b) Special mortgage c) Lien d) Pledge 7. Morris is the owner of the farm Marlboro. His friend Mary leases a portion of the farm for purposes of cultivating crops. After Mary planted crops, Morris allows his cattle to graze on the portion of the farm to which Mary is entitled in terms of the lease agreement. Mary asks Morris to remove the cattle but Morris refuses. Does Mary have any remedies? a) Yes, Mary may institute the interdict against Morris to force him to remove hos cattle from the portion of the farm she is entitled to. b) No, Morris as the owner of the farm may do with it as he pleases and he may therefore let his cattle graze wherever he chooses to. c) No, Mary has no remedies because she is nor the owner of that portion of the farm d) Yes, Mary may institute the conditio furtiva because she has a lawful interest in a portion of the farm 8. Carol and Kevin own a property in Cape Town. During the drought, their house became very hot and they decided to install air-conditioning. They cannot afford to pay for the airconditioning units and the installation. They find a contractor who agrees to install the airconditioning units. They sign an instalment sale agreement in terms of which Cool Cape may remove the units if Carol and Kevin do not pay the full amount over the agreed period of time. Carol and Kevin run into financial problems and stop paying Cool Cape. After a month, the contractors of Cool Cape arrive at Carol and Kevin’s house and demand to remove the airconditioning units. They argue that they may remove the units and Carol and Kevin argue that they are the owners of the units because they became the owners through original acquisition of ownership. Which form of original acquisition of ownership could be relevant here?