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Exam (elaborations)

PVL3704 MQS Questions and Answers

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The following facts are relevant for questions 1-4: A has demanded payment from B of an amount of R 50,000 which he believes B is owing. B has checked his records and they indicate that A has already been paid by C, B’s book keeper. A threatens B with legal action and B pays A, but under protest, an amount of R 50,000. At the time of the cheque payment A's account was overdrawn in the amount of R 30,000 and was therefore in credit of R 20,000 after the payment. A has taken R 10,000 out of his account to have his car serviced. He has also gambled away R 10,000 after realising that his account was in credit.

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Uploaded on
August 16, 2022
Number of pages
10
Written in
2022/2023
Type
Exam (elaborations)
Contains
Questions & answers

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