LPL4801 Law Of Sale And Lease

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 - Law Of Sale And Lease Exam Prep Questions. DEFINITION OF A CONTRACT OF LEASE A contract of lease of a thing (a contract of letting and hiring) is a reciprocal agreement between one party, namely the lessor, and another party, namely the lessee, whereby the lessor binds himself or herself to give to the lessee the temporary use and enjoyment of the thing, in return for the payment of the rent. 3.1 Requirements for a valid contract There are a number of requirements which must be c...

LPL4801 LAW OF SALE AND LEASE STUDY NOTES. Essentialia of a contract: these classify a contract as one of a specific type – e.g. contract of sale For a contract of sale you look at: a) An undertaking by the seller to deliver the thing to the buyer b) An undertaking by the buyer to pay a sum of money in exchange for the thing If the contract doesn’t have these terms it isn’t a contract of sale. If it doesn’t have the essentialia of any type of contract but is a valid contract it w...

lpl4801 course guide

lpl4801 exam prep 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 o...

LPL4801 EXAM PACK 2023

LPL4802 Assignment 1 Semester 1 FEEDBACK ON ASSIGNMENT 1 – NAVIGATION (20 marks) Indicate which one of the following statements is CORRECT or the MOST CORRECT. Question 1 All students must before viewing or downloading “Learning Unit 1 Topic 1” on myUnisa 1. ignore clear instructions to first read the Home page and Learning Unit 0 attentively. 2. ensure that they will have internet access for at least 2 hours per week. 3. buy the prescribed textbook, Visser and Potgieter’s Law ...

OCTOBER/NOVEMBER 2009 CONTRACT OF SALE QUESTION 1 Which one of the following statements is CORRECT? √(1)The undertaking to deliver a thing and the undertaking to pay a price are the two essentialia of a contract of sale. (2) The undertaking to deliver a thing by the owner and the undertaking to pay a price are the two essentialia of a contract of sale. (3) A valid contract of sale only comes into being once the contract of sale is perfecta. (4) A valid contract only comes into being o...

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All MCQ's from 2019 - 2016 past papers are written out in PDF form with reasons and page references for all correct and incorrect statements. Where some questions aren't found in the document, it means that the question has been repeated and you just have to look up.