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MRL2601 ASSIGNMENT 1 SEMESTER 2 - 2024 (867833)

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MRL2601 ASSIGNMENT 1 SEMESTER 2 - 2024 UNIQUE NUMBER: 867833 DUE DATE: 27 AUGUST 2024 QUESTION 1. Explain, with reference to relevant prescribed case law for this module, how the court determines whether a specific business is a partnership. QUESTION 2. Explain the difference between the two types of trusts envisaged in the Trust Property Control Act 57 of 1988. QUESTION 3. Briefly explain what the purpose of the establishment of a trust is and what parties are involved in a trust.

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MRL2601
ASSIGNMENT - 01
SEMESTER - 2
DUE DATE: 27 AUGUST




2024


"Elevate Your Excellence: Where Distinction Meets Assurance in Every Assignment!"

, MRL2601 ASSIGNMENT 1 SEMESTER 2 – 2024

UNIQUE NUMBER: 867833

DUE DATE: 27 AUGUST 2024




© MRL2601 1

, QUESTION 1.

Explain, with reference to relevant prescribed case law for this module, how the court
determines whether a specific business is a partnership. (10)

In South African law, the determination of whether a specific business constitutes a partnership
is guided by statutory provisions and judicial interpretations. The seminal case in this regard is
Pezzutto v Dreyer and Others 1992 (3) SA 379 (A). The court in this case laid down the essential
elements necessary for the creation of a partnership and provided guidance on how these
elements are to be interpreted and applied.




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© MRL2601 2
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