LML4804 Assignment 1
(COMPLETE ANSWERS)
Semester 2 2024 - DUE 26 August
2024
100% GUARANTEEED
, LML4804 Assignment 1 (COMPLETE ANSWERS)
Semester 2 2024 - DUE 26 August 2024
QUESTION 01 (Gross-income) 1.1 Freedom Movement
Party (FMP) is a newly established political party which
was registered to contest 2024 National and Provisional
elections. It concluded a contract with Green Print Media
House (Pty) Ltd (GP Media House). In terms of the
contract, GP Media House had to print 3000 3D posters
on behalf of FMP depicting the image of its leader for its
campaign. GP Media House was also expected to air FMP
political advertisements through its media partners on
radio stations and television. On April 2024, FMP paid a
deposit of R150 000 and undertook to pay the remainder
amount on 30 June 2024. After the conclusion of national
elections, FMP reviewed its performance on the national
elections and noted that it did not accumulate enough
votes it hoped for. A report from the external service
provider appointed by FMP to investigate its poor
performance, concluded that FMP did not reach large
audience. On August 2024, FMP wrote a letter to GP
Media House notifying the company that it will no longer
pay the outstanding amount to GP Media House and it
also considered its options to sue the company for its
failure to honour the contractual obligations between the
parties. As part of the contractual obligation between the
parties, FMP learned that GP Media house failed to air its
political adverts on radio station and television according
to the agreed dates. It transpired that FMP political advert
was only aired on radio station and television a day prior
the date of the national elections. GP Media House
referred the matter to court to demand the outstanding
amount owed by FMP. The matter was set down for
(COMPLETE ANSWERS)
Semester 2 2024 - DUE 26 August
2024
100% GUARANTEEED
, LML4804 Assignment 1 (COMPLETE ANSWERS)
Semester 2 2024 - DUE 26 August 2024
QUESTION 01 (Gross-income) 1.1 Freedom Movement
Party (FMP) is a newly established political party which
was registered to contest 2024 National and Provisional
elections. It concluded a contract with Green Print Media
House (Pty) Ltd (GP Media House). In terms of the
contract, GP Media House had to print 3000 3D posters
on behalf of FMP depicting the image of its leader for its
campaign. GP Media House was also expected to air FMP
political advertisements through its media partners on
radio stations and television. On April 2024, FMP paid a
deposit of R150 000 and undertook to pay the remainder
amount on 30 June 2024. After the conclusion of national
elections, FMP reviewed its performance on the national
elections and noted that it did not accumulate enough
votes it hoped for. A report from the external service
provider appointed by FMP to investigate its poor
performance, concluded that FMP did not reach large
audience. On August 2024, FMP wrote a letter to GP
Media House notifying the company that it will no longer
pay the outstanding amount to GP Media House and it
also considered its options to sue the company for its
failure to honour the contractual obligations between the
parties. As part of the contractual obligation between the
parties, FMP learned that GP Media house failed to air its
political adverts on radio station and television according
to the agreed dates. It transpired that FMP political advert
was only aired on radio station and television a day prior
the date of the national elections. GP Media House
referred the matter to court to demand the outstanding
amount owed by FMP. The matter was set down for
