TLI4801
Assignment 1 Semester 1 2024
Detailed Solutions, References & Explanations
Unique number: 835330
Due Date: 14 March 2025
QUESTION
You act for ADB Cables (Pty) Ltd, a supplier of high voltage electricity cables. Brown
Electrical (Pty) Ltd is one of the customers of ADB Cables and the latter on 01
October 2024 supplied cables to Brown Electrical on terms requiring payment to be
made within 60 days of delivery. You are approached by ADB Cables with
instructions to recover an amount of R1.2M which is owed to your client by Brown
Cables. You proceed to serve Brown Electrical with a demand. Upon receipt of the
demand, Brown Electrical, through its sole director and shareholder, Dennis Brown,
informs you that Brown Electrical acknowledges its debt to ADB Cables and
subsequently enters into an acknowledgement of debt (AOD). Brown Electrical
subsequently fails to abide by the payment procedure agreed upon in the AOD
Terms of use
By making use of this document you agree to:
Use this document as a guide for learning, comparison and reference purpose,
Not to duplicate, reproduce and/or misrepresent the contents of this document as your own work,
Fully accept the consequences should you plagiarise or misuse this document.
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is” without
any representations or warranties, express or implied. The author assumes no liability as a result of
reliance and use of the contents of this document. This document is to be used for comparison, research
and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted ny in
any form or by any means s.
Assignment 1 Semester 1 2024
Detailed Solutions, References & Explanations
Unique number: 835330
Due Date: 14 March 2025
QUESTION
You act for ADB Cables (Pty) Ltd, a supplier of high voltage electricity cables. Brown
Electrical (Pty) Ltd is one of the customers of ADB Cables and the latter on 01
October 2024 supplied cables to Brown Electrical on terms requiring payment to be
made within 60 days of delivery. You are approached by ADB Cables with
instructions to recover an amount of R1.2M which is owed to your client by Brown
Cables. You proceed to serve Brown Electrical with a demand. Upon receipt of the
demand, Brown Electrical, through its sole director and shareholder, Dennis Brown,
informs you that Brown Electrical acknowledges its debt to ADB Cables and
subsequently enters into an acknowledgement of debt (AOD). Brown Electrical
subsequently fails to abide by the payment procedure agreed upon in the AOD
Terms of use
By making use of this document you agree to:
Use this document as a guide for learning, comparison and reference purpose,
Not to duplicate, reproduce and/or misrepresent the contents of this document as your own work,
Fully accept the consequences should you plagiarise or misuse this document.
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is” without
any representations or warranties, express or implied. The author assumes no liability as a result of
reliance and use of the contents of this document. This document is to be used for comparison, research
and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted ny in
any form or by any means s.
