[TYPE THE COMPANY NAME]
Exam (elaborations)RRLLB81
Assignment 3 (3 FINAL Research
Reports) Semester 1 2024 - DUE 20 May
2024• CourseFAC1601 - Financial
Accounting And Reporting (RRLLB81
[Type the document subtitle]
[Pick the date]
[Type the abstract of the document here. The abstract is typically a short summary of the contents of
the document. Type the abstract of the document here. The abstract is typically a short summary of
the contents of the document.]
, Exam (elaborations)
RRLLB81 Assignment 3 (3 FINAL Research Reports)
Semester 1 2024 - DUE 20 May 2024
Course
FAC1601 - Financial Accounting And Reporting (RRLLB81)
Institution
University Of South Africa (Unisa)
Book
Legal Research and Writing for Paralegals
RRLLB81 Assignment 3 (3 FINAL Research Reports) Semester 1 2024 - DUE
20 May 2024 (
TOPIC 1: COMPANY LAW; TOPIC 3: CRIMINAL PROCEDURE;TOPIC 4:
INSURANCE LAW) (TOPIC 1: COMPANY LAW; TOPIC 3: CRIMINAL
PROCEDURE; TOPIC 4: INSURANCE LAW) ;100% TRUSTED workings,
explanations and solutions. ......
TOPIC 1: COMPANY LAW THE TURQUAND RULE AND THE LIABILITY OF
COMPANIES IN SOUTH AFRICAN LAW;
Title: The Turquand Rule and the Liability of Companies in South African Law:
A Report
Introduction: In South African company law, the Turquand Rule is a principle
derived from English common law. It concerns the authority of company
officers to bind the company in contracts and transactions with third parties.
This report aims to examine the Turquand Rule in the context of South
African law and its implications for the liability of companies.
The Turquand Rule: The Turquand Rule, also known as the "indoor
management rule," originated from the case of Royal British Bank v
Turquand in England in 1856. It establishes that third parties dealing with a
company are entitled to assume that the internal procedures of the company
have been followed, and therefore, they are not required to inquire into the
regularity of internal company affairs. In other words, if a person dealing with
the company acts in good faith and without knowledge of any irregularities,
the company is bound by the acts of its officers, even if those officers
exceeded their authority.
Exam (elaborations)RRLLB81
Assignment 3 (3 FINAL Research
Reports) Semester 1 2024 - DUE 20 May
2024• CourseFAC1601 - Financial
Accounting And Reporting (RRLLB81
[Type the document subtitle]
[Pick the date]
[Type the abstract of the document here. The abstract is typically a short summary of the contents of
the document. Type the abstract of the document here. The abstract is typically a short summary of
the contents of the document.]
, Exam (elaborations)
RRLLB81 Assignment 3 (3 FINAL Research Reports)
Semester 1 2024 - DUE 20 May 2024
Course
FAC1601 - Financial Accounting And Reporting (RRLLB81)
Institution
University Of South Africa (Unisa)
Book
Legal Research and Writing for Paralegals
RRLLB81 Assignment 3 (3 FINAL Research Reports) Semester 1 2024 - DUE
20 May 2024 (
TOPIC 1: COMPANY LAW; TOPIC 3: CRIMINAL PROCEDURE;TOPIC 4:
INSURANCE LAW) (TOPIC 1: COMPANY LAW; TOPIC 3: CRIMINAL
PROCEDURE; TOPIC 4: INSURANCE LAW) ;100% TRUSTED workings,
explanations and solutions. ......
TOPIC 1: COMPANY LAW THE TURQUAND RULE AND THE LIABILITY OF
COMPANIES IN SOUTH AFRICAN LAW;
Title: The Turquand Rule and the Liability of Companies in South African Law:
A Report
Introduction: In South African company law, the Turquand Rule is a principle
derived from English common law. It concerns the authority of company
officers to bind the company in contracts and transactions with third parties.
This report aims to examine the Turquand Rule in the context of South
African law and its implications for the liability of companies.
The Turquand Rule: The Turquand Rule, also known as the "indoor
management rule," originated from the case of Royal British Bank v
Turquand in England in 1856. It establishes that third parties dealing with a
company are entitled to assume that the internal procedures of the company
have been followed, and therefore, they are not required to inquire into the
regularity of internal company affairs. In other words, if a person dealing with
the company acts in good faith and without knowledge of any irregularities,
the company is bound by the acts of its officers, even if those officers
exceeded their authority.
