Contract breach Study guides, Class notes & Summaries

CIV3701 ASSIGNMENT 1 MEMO - SEMESTER 1 - 2024 - UNISA - DUE :- 22 MARCH 2024 (DETAILED ANSWERS WITH FOOTNOTES - DISTINCTION GUARANTEED) INTRODUCTORY STUDIES QUESTION 1 (a) Briefly explain in general terms in what respect has the Constitution, 1996 affected the Law of Civil Procedure in South Africa. (2) (b) Briefly explain in what respects the small claims courts have been made more accessible and user-friendly to litigants than other courts. (3) [5] HIGH COURT JURISDICTION AND PROCED...

LML4805 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA - (DETAILED MEMO- DISTINCTION GUARANTEED) Question 1 (a) Distinguish between the essential features of an insurance contract and the general requirements of a valid contract; then address the consequences if any of these are absent. In your answer, also mention one example of an essential feature of an insurance contract and one example of a validity general requirement of a contract. (5) (b) Describe any two informal risk-sprea...

Well-structured CIV3701 Assignment 1 (ANSWERS) Semester 1 2024 (199295)- DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). .... QUESTION 1 (a) Briefly explain in general terms in what respect has the Constitution, 1996 affected the Law of Civil Procedure in South Africa. (2) (b) Briefly explain in what respects the small claims courts have been made more accessible and user-friendly to litigants than other courts. (3) [5] HIGH COURT JURISDICTION AND PROCEDURE QUESTION 2 ...

contract - correct answer -a legally enforceable promise or an exchange of promises Uniform Commercial Code (UCC) - correct answer --covers the sale of goods -goods are tangible, movable items of personal property -applies to individuals & firms -uniform state law -Article 2: applies to contracts -Section 207: "Battle of Forms" -> Deal still goes through bilateral contracts - correct answer --involve a promise for promise exchange ( mutual promises) -acceptance is before acti...

Rules of Construction Help to identify and establish the intent of the parties to the contract Utmost good faith Each party is entitled to rely on the representation of the other, and each party should have a reasonable expectation that the other is acting in good faith without attempts to conceal or deceive. Aleatory Contract A contract under which one party's performance is contingent on an uncertain event. property and casualty agent has the power to bind the insurer...

RECA Fundamentals Exam Questions and Answers Already Passed Which of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act Provincial Legislature Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) Which of the following will occur to the supply of a good when ther...

The final step a licensee will take when preparing a CMA is: 1. Choosing comparables 2. Estimating a reasonable selling price range 3. Making adjustments to comparables 4. Collecting and analyzing information - Answer- CORRECT ANSWER: Estimating a reasonable selling price range A broker price opinion must include what the price was based on and: 1. License number 2. The broker's phone number 3. Applicable market data 4. A legal description - Answer- CORRECT ANSWER: Applic...

AFSB 152 - The Institutes Practice Exam Questions and Answers 2023 Lansing Construction Company completed major jobs including road grading, bridges, and base and paving work. Which one of the following types of contractors is Lansing? • Heavy and highway construction • General Engineering contractor • General Building contractor • Design/build contractor - Correct Answer-Heavy and highway construction The project owner for a new shopping plaza being built in Highville is the Hig...

LPL4802 EXAM PACK 2023. 100% TRUSTECHAPTER 1: Definition, nature and scope of the law of damages Definition: The law of damage is that part of the law which indicates how the existence and extent of damage, as well as the proper amount of damages are to be determined in the case of delict, breach of contract and other legal principles providing for the payment of damages. Nature and scope The law of damages should be defined as constituting of principles regarding the compensation of ...

AD Banker Comprehensive Exam Questions & answers. Rated A. 2022/2023 John is the agent for ABC Insurance and Jane is the insured. Who is the principal in this agency relationship? A. ABC Insurance B. None C. John D. Jane - A. ABC Insurance In an insurance contract the value that each party gives the other is said to be the: A. Subject matter B. Consideration C. Acceptance D. Offer - B. Consideration Which of the following is classified as an insurance broker? A A person in t...