2024
SEMESTER 02
ASSIGNMENT 01
DUE DATE :20 AUGUST
2024
[NOTARIAL PRACTICE LPL
4805]
COMPLEETE ANSWERS , 100 % TRUSTED WORKINGS , EXPLANATIONS AND SOLUTIONS , ALL
QUESTIONS ANSWERED FOR YOU
, PRIVATE LAW
LPL4805-
ASSIGNMENT 1 SEMESTER 2- 2024
PRIMARY LECTURER: MOTJOPI S DUE DATE: 20 AUGUST 2024.
INSTRUCTIONS:
• This assessment consists of 1 (one) page.
• ALL questions are compulsory.
• NO late submission will be accepted.
• This is NOT a group assignment.
_____________________________________________________________________
Question 1.
Explain the purpose of notarial noting and protest an indicate its procedural
benefit. (7)
Notarial noting and protest are formal procedures commonly used in commercial
transactions, particularly in the context of negotiable instruments like bills of exchange
and promissory notes. These procedures serve important purposes in ensuring the
validity and enforceability of such instruments.
1. **Purpose of Notarial Noting**:
- **Verification**: Notarial noting involves a notary public formally recording the
dishonor of a negotiable instrument (such as non-payment or non-acceptance) in the
presence of witnesses. This process verifies that the instrument was presented for
payment or acceptance and was dishonored by the party obligated to honor it.
SEMESTER 02
ASSIGNMENT 01
DUE DATE :20 AUGUST
2024
[NOTARIAL PRACTICE LPL
4805]
COMPLEETE ANSWERS , 100 % TRUSTED WORKINGS , EXPLANATIONS AND SOLUTIONS , ALL
QUESTIONS ANSWERED FOR YOU
, PRIVATE LAW
LPL4805-
ASSIGNMENT 1 SEMESTER 2- 2024
PRIMARY LECTURER: MOTJOPI S DUE DATE: 20 AUGUST 2024.
INSTRUCTIONS:
• This assessment consists of 1 (one) page.
• ALL questions are compulsory.
• NO late submission will be accepted.
• This is NOT a group assignment.
_____________________________________________________________________
Question 1.
Explain the purpose of notarial noting and protest an indicate its procedural
benefit. (7)
Notarial noting and protest are formal procedures commonly used in commercial
transactions, particularly in the context of negotiable instruments like bills of exchange
and promissory notes. These procedures serve important purposes in ensuring the
validity and enforceability of such instruments.
1. **Purpose of Notarial Noting**:
- **Verification**: Notarial noting involves a notary public formally recording the
dishonor of a negotiable instrument (such as non-payment or non-acceptance) in the
presence of witnesses. This process verifies that the instrument was presented for
payment or acceptance and was dishonored by the party obligated to honor it.
