PVL3702 Assignment 1 (COMPLETE ANSWERS) Semester 2 2025 – DUE 26 August 2025; 100% correct solutions and explanations.

PVL3702 Assignment 1 (COMPLETE ANSWERS) Semester 2 2025 – DUE 26 August 2025; 100% correct solutions and explanations. Shane wants to purchase a limited-edition Porsche motor vehicle which was recently released in Germany. He visits the local Porsche dealership in Johannesburg. The owner of the dealership informs Shane that there is a twelve month waiting period to receive the limited-edition Porsche model, from the date the order is placed, because this model is manufactured and assembled in Germany, and thereafter it will be sent to a Johannesburg dealership in South Africa. Shane signed the ‘Contract of Sale’ document presented by the dealership with its standard terms and conditions, which stipulated a purchase price of R2 Million Rand for this limited-edition Porsche car. In accordance with this offer, Shane was required to pay the full purchase price to the seller (which is ‘Porsche Johannesburg’) within 30 days of him signing the agreement, and when the manager of the dealership requested him to do so, Shane timeously complied with this requirement. Eight months after signing the ‘Contract of Sale’ document, the manager of the dealership informed Shane that with reference to the limited-edition Porsche, Shane needs to specify if he wants any extras to be included in the car, and he needs to pay for