lOMoAR cPSD| 8845461
LPL4801
EXAM
Law of Lease and Sale
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.
LPL4801 Multiple Choice Questions &
Long Questions with Answers.
(Past Assignments; Activities, Exams &
More)
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.
SALE AND LEASE
MULTIPLE CHOICE QUESTION PACK
Question 1:
Which one of the following statements is CORRECT?
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, 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?
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, lOMoAR cPSD| 8845461
(1) Signing a deed of alienation with initials is a valid
signature.
(2) A street address is sufficient to identify the land in a
deed of alienation.
(3) A term which only contains information need not be in
writing in a deed of alienation.
(4) A principal can validly ratify a deed of alienation which
was entered into by a person who did not have
the necessary written authority when he signed the
deed of alienation.
Answer: 4
Question 4:
The cooling off right in terms of Section 29A of the Alienation of
Land Act 68 of 1981 is available to the purchaser in the
following instances:
(1) Sale of agricultural land.
(2) Sale of residential land by a closed corporation.
(3) Sale of a unit as defined by section 1 of the Sectional
Titles Act 95 of 1986 for a price of R300 000.
(4) None of the above.
Answer: 2
Question 5:
X, a merchant, sells Y an Easy Wash washing machine for
R2000. Which one of the following statements in
INCORRECT?
(1) This is a generic sale.
(2) X must deliver the washing machine to Ys home without
any agreement between X and Y to this effect.
(3) X must individualise the washing machine from Xs other
stock.
(4) X must place the washing machine, which was
individualised, at the disposal of Y.
Answer: 2
Question 6:
Downloaded by Dr G. ()
LPL4801
EXAM
Law of Lease and Sale
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.
LPL4801 Multiple Choice Questions &
Long Questions with Answers.
(Past Assignments; Activities, Exams &
More)
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.
SALE AND LEASE
MULTIPLE CHOICE QUESTION PACK
Question 1:
Which one of the following statements is CORRECT?
Downloaded by Dr G. ()
, 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. ()
, lOMoAR cPSD| 8845461
(1) Signing a deed of alienation with initials is a valid
signature.
(2) A street address is sufficient to identify the land in a
deed of alienation.
(3) A term which only contains information need not be in
writing in a deed of alienation.
(4) A principal can validly ratify a deed of alienation which
was entered into by a person who did not have
the necessary written authority when he signed the
deed of alienation.
Answer: 4
Question 4:
The cooling off right in terms of Section 29A of the Alienation of
Land Act 68 of 1981 is available to the purchaser in the
following instances:
(1) Sale of agricultural land.
(2) Sale of residential land by a closed corporation.
(3) Sale of a unit as defined by section 1 of the Sectional
Titles Act 95 of 1986 for a price of R300 000.
(4) None of the above.
Answer: 2
Question 5:
X, a merchant, sells Y an Easy Wash washing machine for
R2000. Which one of the following statements in
INCORRECT?
(1) This is a generic sale.
(2) X must deliver the washing machine to Ys home without
any agreement between X and Y to this effect.
(3) X must individualise the washing machine from Xs other
stock.
(4) X must place the washing machine, which was
individualised, at the disposal of Y.
Answer: 2
Question 6:
Downloaded by Dr G. ()
