,PVL3702 Assignment 1 (COMPLETE ANSWERS) Semester 1
2025 (198635) - DUE 7 April 2025; 100% TRUSTED
Complete, trusted solutions and explanations.. WE WISH YOU A
GOOD LUCK
ASSIGNMENT 01 QUESTION:
Jack wants to sell his Yamaha speedboat. He approaches Jill,
who sells speedboats for a living, and asks her if she is
interested in buying his Yamaha speedboat. Jill signs a
written offer and submits it to Jack for the Yamaha
speedboat for R200 000, in a document titled ��Contract
of Sale.” The offer sets out all the relevant and material
terms, and it includes the following clause: “This offer is
irrevocable and expires at noon on 5 March 2024, and upon
signature by the seller will indicate his acceptance, as well
as the conclusion of a valid contract of sale.” On 4 March
2024 Jack signs the contract of sale document and he inserts
the date of his signature therein, but he forgets to
immediately inform Jill that he has done so. Only on 8
March 2024, Jack informs Jill of his acceptance. Jill
indicates to Jack that her offer lapsed on 5 March 2024, and
that Jack did not inform her of his acceptance timeously. Jill
further informs Jack that she no longer wants to purchase
the Yamaha speedboat. Jack approaches you for legal
advice. Assume that a valid offer was made by Jill to Jack
for the Yamaha speedboat. You must assume further that
Jacks acceptance was unqualified, and that he was the
correct person to accept Jill’s offer because the offer was
made to him, and also that he was conscious and aware of
the offer that was made to him when he signed the contract
, of sale document. You must advise Jack only about the
relevant aspects of his acceptance which are pertinent for
this factual scenario, by making reference to the case law
that you were required to read, and by also referring to the
prescribed textbook. You must further advise Jack about his
concern that he only informed Jill after 5 March 2024, that
he accepted Jill’s offer. Ultimately you must advise Jack if a
legally binding contract was concluded between him and
Jill. Discuss fully. Do not apply the direct reliance theory
and the iustus error doctrine to this question. Also do not
apply the Consumer Protection Act 68 of 2008. Note the
following: - This assignment question carries 10 marks so
only focus specifically on the legal issues which are
relevant for this question, because your answer must not
exceed one typed page or two written pages. - Do not apply
the direct reliance theory and the iustus error doctrine.
Legal Advice to Jack Regarding Acceptance of Jill’s Offer
for the Yamaha Speedboat
In this scenario, Jack seeks legal advice about whether a
legally binding contract was concluded between him and Jill
for the sale of his Yamaha speedboat. Specifically, Jack is
concerned because he only informed Jill of his acceptance
after the expiration date of her offer. To answer Jack’s
query, we will examine the key elements of contract law,
focusing on the concept of acceptance and timeliness,
while considering the case facts and relevant legal
principles.
2025 (198635) - DUE 7 April 2025; 100% TRUSTED
Complete, trusted solutions and explanations.. WE WISH YOU A
GOOD LUCK
ASSIGNMENT 01 QUESTION:
Jack wants to sell his Yamaha speedboat. He approaches Jill,
who sells speedboats for a living, and asks her if she is
interested in buying his Yamaha speedboat. Jill signs a
written offer and submits it to Jack for the Yamaha
speedboat for R200 000, in a document titled ��Contract
of Sale.” The offer sets out all the relevant and material
terms, and it includes the following clause: “This offer is
irrevocable and expires at noon on 5 March 2024, and upon
signature by the seller will indicate his acceptance, as well
as the conclusion of a valid contract of sale.” On 4 March
2024 Jack signs the contract of sale document and he inserts
the date of his signature therein, but he forgets to
immediately inform Jill that he has done so. Only on 8
March 2024, Jack informs Jill of his acceptance. Jill
indicates to Jack that her offer lapsed on 5 March 2024, and
that Jack did not inform her of his acceptance timeously. Jill
further informs Jack that she no longer wants to purchase
the Yamaha speedboat. Jack approaches you for legal
advice. Assume that a valid offer was made by Jill to Jack
for the Yamaha speedboat. You must assume further that
Jacks acceptance was unqualified, and that he was the
correct person to accept Jill’s offer because the offer was
made to him, and also that he was conscious and aware of
the offer that was made to him when he signed the contract
, of sale document. You must advise Jack only about the
relevant aspects of his acceptance which are pertinent for
this factual scenario, by making reference to the case law
that you were required to read, and by also referring to the
prescribed textbook. You must further advise Jack about his
concern that he only informed Jill after 5 March 2024, that
he accepted Jill’s offer. Ultimately you must advise Jack if a
legally binding contract was concluded between him and
Jill. Discuss fully. Do not apply the direct reliance theory
and the iustus error doctrine to this question. Also do not
apply the Consumer Protection Act 68 of 2008. Note the
following: - This assignment question carries 10 marks so
only focus specifically on the legal issues which are
relevant for this question, because your answer must not
exceed one typed page or two written pages. - Do not apply
the direct reliance theory and the iustus error doctrine.
Legal Advice to Jack Regarding Acceptance of Jill’s Offer
for the Yamaha Speedboat
In this scenario, Jack seeks legal advice about whether a
legally binding contract was concluded between him and Jill
for the sale of his Yamaha speedboat. Specifically, Jack is
concerned because he only informed Jill of his acceptance
after the expiration date of her offer. To answer Jack’s
query, we will examine the key elements of contract law,
focusing on the concept of acceptance and timeliness,
while considering the case facts and relevant legal
principles.
