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Exam (elaborations)

HFL1501 Assignment 4 2024

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HFL1501 Assignment 4 2024










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Uploaded on
April 9, 2024
Number of pages
6
Written in
2023/2024
Type
Exam (elaborations)
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1. HFL1501-24-S1
2. Assessment 4



QUIZ

Assessment 4
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Read the scenario and then choose your answer from one of the available options below:
Amos promises to donate his house to his favourite charity, the World Wildlife Fund, upon his retirement
from the South African Police Service at the end of 2027.
Which best describes the type of contractual clause included in the contract?


Suspensive term

Suspensive condition

Resolutive term

Resolutive condition
Clear my choice




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Which one of the following is the Latin term for a mistake regarding the nature of the legal act?


Error in negotio

Error in persona

Error in nomine

Error in corpore
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Read the scenario and then choose your answer from one of the available options below:
Refilwe is a supplier of crystals and semi-precious gemstones. He signs a contract with a new client, Paul, in
terms of which Refilwe will source natural cermikite to the value of R10 000 each month and deliver it to
Paul. However, when Refilwe starts doing research, he discovers that naturally occurring cermikite doesn’t
exist and that all cermikite on the market is created in laboratories.
What is the status of the contract that Refilwe and Paul have signed?


The contract is valid, but Refilwe doesn’t have to fulfil his contractual duties.

The contract is valid; both Refilwe and Paul must fulfil their contractual duties.

The contract is voidable, but Refilwe is entitled to have the contract declared void.

The contract is void from the start; neither of the parties has to fulfil their contractual duties.
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Read the scenario and then choose your answer from one of the available options below:
Joseph wishes to buy flowers for his girlfriend to apologise for forgetting her birthday, but he is strapped for
cash. He borrows R200,00 from his brother, Jonathan, and agrees to repay him after he receives his salary.
Which contract has been concluded by the parties?


Loan for consumption

Pledge

Donation

Deposit
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