LPL4805 Assignment 1 Semester 2 2024 - DUE 20 August 2024

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LPL4805
Assignment 1
Semester 2 2024 -
DUE 20 August
2024
QUESTIONS WITH DETAILED ANSWERS

, LPL4805 Assignment 1 Semester 2 2024 - DUE 20 August 2024



Question 1.

Explain the purpose of notarial noting and protest an indicate its procedural
benefit. (7)

Question 2.

2.1. Discuss the characteristics of servitudes. (6)

2.2. How may servitudes be terminated? (7)

Question 1: Explain the purpose of notarial noting and protest and indicate
its procedural benefit. (7)

Notarial Noting and Protest:

Purpose:

1. Notarial Noting: This is a formal declaration made by a notary public,
noting that a bill of exchange or promissory note has been presented
for payment or acceptance and that such payment or acceptance has
been refused. The noting typically occurs on the day of the dishonor.

2. Notarial Protest: Following the noting, a protest is a formal
declaration, also made by a notary public, that a bill of exchange or
promissory note has been dishonored by non-acceptance or non-
payment. The protest is a detailed document that outlines the steps