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Pvl 3702 Law of contract ASSGN 1 semester 1 2025

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PVL3702 ASSIGNMENT 01 QUESTION: 2025 (SEMESTER 1) UNIQUE NUMBER: 198635 ASSIGNMENT 01 QUESTION: Jack wants to sell his Yamaha speedboat. He approaches Jill, who sells speedboats for a living, and asks her if she is interested in buying his Yamaha speedboat. Jill signs a written offer and submits it to Jack for the Yamaha speedboat for R200 000, in a document titled “Contract of Sale.” The offer sets out all the relevant and material terms, and it includes the following clause: “This offer is irrev ocable and expires at noon on 5 March 2024, and upon signature by the seller will indicate his acceptance, as well as the conclusion of a valid contract of sale.” On 4 March 2024 Jack signs the contract of sale document and he inserts the date of his sign ature therein, but he forgets to immediately inform Jill that he has done so. Only on 8 March 2024, Jack informs Jill of his acceptance. Jill indicates to Jack that her offer lapsed on 5 March 2024, and that Jack did not inform her of his acceptance timeou sly. Jill further informs Jack that she no longer wants to purchase the Yamaha speedboat. Jack approaches you for legal advice. Assume that a valid offer was made by Jill to Jack for the Yamaha speedboat. You must assume further that Jacks acceptance was unqualified, and that he was the correct person to accept Jill’s offer because the offer was made to him, and also that he was conscious and aware of the offer that was made to him when he signed the contract of sale document. You must advise Jack only ab out the relevant aspects of his acceptance which are pertinent for this factual scenario, by making reference to the case law that you were required to read, and by also referring to the prescribed textbook. You must further advise Jack about his concern t hat he only informed Jill after 5 March 2024, that he accepted Jill’s offer. Ultimately you must advise Jack if a legally binding contract was concluded between him and Jill. Discuss fully. Do not apply the direct reliance theory and the iustus error doctr ine to this question. Also do not apply the Consumer Protection Act 68 of 2008. Note the following: This assignment question carries 10 marks so only focus specifically on the legal issues which are relevant for this question, because your answer must not exceed one typed page or two written pages. Do not apply the direct reliance theory and the iustus error doctrine....

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Uploaded on
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LAW OF
CONTRACT PVL
3702




SEMESTER 01 (2025)

ASSIGNMENT 01

UNIQUE NO:198635

DUE DATE : 07 APRIL 2025




WHAT TO EXPECT IN THIS DOCUMMENT

✓ 2 OPTIONS OF ANSWERS
✓ DETAILED ANSWERS
✓ ALL QUESTIONS ANSWERED
✓ DISTINCTIONS PASS 100%
✓ PLAGIARISM FREE

, PVL3702 ASSIGNMENT 01 QUESTION: 2025 (SEMESTER 1) UNIQUE NUMBER: 198635

ASSIGNMENT 01 QUESTION:

Jack wants to sell his Yamaha speedboat. He approaches Jill, who sells speedboats for a living,
and asks her if she is interested in buying his Yamaha speedboat. Jill signs a written offer and
submits it to Jack for the Yamaha speedboat for R200 000, in a document titled “Contract of
Sale.” The offer sets out all the relevant and material terms, and it includes the following
clause: “This offer is irrevocable and expires at noon on 5 March 2024, and upon signature by
the seller will indicate his acceptance, as well as the conclusion of a valid contract of sale.” On
4 March 2024 Jack signs the contract of sale document and he inserts the date of his signature
therein, but he forgets to immediately inform Jill that he has done so. Only on 8 March 2024,
Jack informs Jill of his acceptance. Jill indicates to Jack that her offer lapsed on 5 March 2024,
and that Jack did not inform her of his acceptance timeously. Jill further informs Jack that she
no longer wants to purchase the Yamaha speedboat. Jack approaches you for legal advice.
Assume that a valid offer was made by Jill to Jack for the Yamaha speedboat. You must assume
further that Jacks acceptance was unqualified, and that he was the correct person to accept
Jill’s offer because the offer was made to him, and also that he was conscious and aware of
the offer that was made to him when he signed the contract of sale document. You must
advise Jack only about the relevant aspects of his acceptance which are pertinent for this
factual scenario, by making reference to the case law that you were required to read, and by
also referring to the prescribed textbook. You must further advise Jack about his concern that
he only informed Jill after 5 March 2024, that he accepted Jill’s offer. Ultimately you must
advise Jack if a legally binding contract was concluded between him and Jill. Discuss fully. Do
not apply the direct reliance theory and the iustus error doctrine to this question. Also do not
apply the Consumer Protection Act 68 of 2008. Note the following: - This assignment
question carries 10 marks so only focus specifically on the legal issues which are relevant for
this question, because your answer must not exceed one typed page or two written pages. -
Do not apply the direct reliance theory and the iustus error doctrine.

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