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CLA1501-25-S2
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Which ONE of the following statements is NOT one of the requirements that the plaintiff must prove before the court will grant an order for reduced performance?
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Company A is an event management company. Company B contracts Company A to organize a corporate gala. The event is poorly executed due to Company A’s negligence. The poor execution of the event causes a popular speaker to decide against attending future events hosted by Company B. The popular speaker’s attendance of Company B’s events has consistently attracted a large paying audience and his absence will likely lead to a reduction in future revenue. Company A can be held liable for future losses suffered by Company B.
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The difference between a condition and a supposition is that a condition is dependent upon a state of affairs that already exists or existed.
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Which ONE of the following statements concerning transfer and termination of personal rights is CORRECT?
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Nkomi and Thabang are married in a civil union concluded in accordance with the Civil Unions Act. Before their marriage, Nkomi and Thabang agreed that none of their assets will form part of their joint marital estate. However, they decided not to register the contract as required by statute. Several years into their marriage, Thabang defaulted on a loan he took from Unity Bank to purchase a car for his business. Unity Bank then obtained a writ of execution against Nkomi and Thabang’s joint estate. Indicate whether Nkomi’s claim that Unity Bank can only execute against Thabang’s estate as they are married out of community of property is true or false.
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Which ONE of the following statements regarding execution of the contract is CORRECT?
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A condition is a contractual term that renders the operation and consequences of the contract dependent on the occurrence or non-occurrence of an unspecified and certain future event.
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Liability for breach of contract is limited to losses that were foreseeable at the time the contract was concluded.
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An example of a resolutive condition is if James is awarded a full scholarship, which will be paid annually, to study towards a BCompt in Financial Accounting degree at UNISA provided that he obtains 65% on all his accounting modules.
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Kylie and Dudu conclude a contract in which Kylie sells a small part of the beach in front of her beach-house in Umhlanga to Dudu for R135 000. This contract is an example of __________.Choose the CORRECT answer.
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