LAW LPL4801 Exam Prep Questions

LPL4801 Assignment 1 (ANSWERS) Semester 2 2023 - DISTINCTION GUARANTEED Patricia concludes a written agreement for the purchase of a free standing Jacuzzi from Luxury Pools (Pty) Ltd on 1 June at her home. The purchase price of the Jacuzzi is R52,000 which is payable in twelve equal monthly instalments. The agreement also makes provision for Patricia to pay interest at 18% per annum to Luxury Pools (Pty) Ltd in respect of the deferred purchase price and that ownership of the Jacuzzi shall...

LPL4801-notes - summary notes 2022 LPL401 8 ! " #$ % Introduction to the contract of lease 1. Explain the relationship between the general principles of contract and specific contracts 2. Explain how and why contracts are assigned to different classes (types) 3. Set out the essentialia of a contract 4. Set out the naturalia of a contract #$ % Definition and essential elements 5. Define a contract of lease 6. Set out the requirements for a valid contract 7. Set out the essential elem...

CONTRACT OF LEASE Roman law recognised three types of letting and hiring, namely the hiring of services which are conducted under supervision, the hiring of a person's services in order to obtain the results of the labour such as the building of a house and lastly, the letting and hiring of a thing which can be either movable or immovable. It is the letting and hiring of a thing which forms the subject of this study guide. DEFINITION OF A CONTRACT OF LEASE A contract of lease of a thing ...

PAST EXAM MULTIPLE CHOICE QUESTIONS NOVEMBER 2014 1 Which one of the following statemetns is INCORRECT? a) A thing which has not yet come into existence can be let b) Commodus usus always includes the right to make a profit where the lessee runs a business from the leased premises c) In certain circumstances the lessor may be liable for consequential damages resulting from a defect in the thing let d) Remission of rent may be viewed as a specific application of supervening impossibility ...