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LML4807 Assignment 1 Full Solutions Semester 2 2024 - DUE 9 September 2024

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Banking Law and Usage (LML4807)
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LML4807 Assignment 1 (COMPLETE QUESTIONS & ANSWERS) Semester 2 2024 - DUE 9 September 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... Briefly discuss the following prescribed case: Durr v ABSA Bank and Another 1997 (3) SA 448 (SCA) The allocation of marks for the discussion is as follows: 1. Facts of the case (3) 2. The legal issues before the court (1) 3. The decision of the court (meaning the reasons for the decision of the court) (5) 4. Critical comment (your own opinion on whether the court correctly interpreted the law, or whether there is room for the law to be amended to some extent) (1)

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LML4807
ASSIGNMENT 1 SEMESTER 2 2024
UNIQUE NO.
DUE DATE: 09 SEPTEMBER 2024

, LML4807
Assignment 1
Semester 2 2024


Unique number:
Due date: 09 September 2024


Banking Law and Usage


PREVIEW

1. Facts of the Case (3 marks)

In the case of Durr v ABSA Bank and Another 1997 (3) SA 448 (SCA), Mr. Durr had
invested a substantial amount of money through ABSA Bank, relying on the advice
provided by the bank's financial advisor. The advisor had assured Mr. Durr that the
investment was safe and promised a high return. However, the investment did not
perform as expected, resulting in significant financial loss for Mr. Durr. He
subsequently sued ABSA Bank, claiming that the bank's advisor had misled him and
that the bank was liable for the poor investment advice.




UNISA@2024
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Ross Cranston, Emilios Avgouleas, Kristin van Zwieten, Christopher Hare, Theodor Van Sante Principles of Banking Law
Publisher: 2018 ISBN: 9780199276080 Edition: Unknown

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