Following extensive inspections of his hillside mansion by inspectors from various bidding companies, Jayson concludes an agreement with Paintworks to effect repairs on his mansion for R500 000. He deposits the money immediately. Every one of the inspectors from the bidding companies, including Paintworks, concludes that the cost of the repairs will be R400 000. A week later, Paintworks informs Jayson that his mansion is too big and has too many windows that need to be taken into account. All these would make the repairs inconvenient for Paintworks. Paintworks accordingly demands that Jayson increase the original amount from R500 000 to R750 000, failing which it will not proceed with the repairs.

Which ONE of the following statements is CORRECT ?

Question

Following extensive inspections of his hillside mansion by inspectors from various bidding companies, Jayson concludes an agreement with Paintworks to effect repairs on his mansion for R500 000. He deposits the money immediately. Every one of the inspectors from the bidding companies, including Paintworks, concludes that the cost of the repairs will be R400 000. A week later, Paintworks informs Jayson that his mansion is too big and has too many windows that need to be taken into account. All these would make the repairs inconvenient for Paintworks. Paintworks accordingly demands that Jayson increase the original amount from R500 000 to R750 000, failing which it will not proceed with the repairs.  
 
 Which  ONE  of the following statements is  CORRECT ?

Answer

Since Jayson’s agreement with Paintworks is private in nature, a court evaluating whether to grant specific performance does not need to consider public policy.

Answer

As a general rule, Paintworks will not be expected to meet its obligations, especially if it is inconvenient.

Answer

If Jayson approaches a court for an order for specific performance, the court will not grant such an order if the performance by Paintworks will be equitable under all circumstances.

Answer

Jayson can approach a court for an order for specific performance compelling Paintworks to effect repairs for R500 000.

Crowdly

Following extensive inspections of his hillside mansion by inspectors from vario...

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