Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Clearly indicate whether the following statement is True OR False. Substantiate your answer. THE MANUFACTURER and THE WHOLESALER conclude an agreement in contravention of the

Clearly indicate whether the following statement is True OR False. Substantiate your answer.

THE MANUFACTURER and THE WHOLESALER conclude an agreement in contravention of the Customs and Excise Act 91 of 1964. Whilst THE MANUFACTURER is fully aware of this fact, THE MANUFACTURER does not disclose this to THE WHOLESALER (who under the circumstances, cannot be reasonably expected to know). THE WHOLESALER subsequently transfers R4 billion as per the agreement. A few days after the transfer, THE WHOLESALER discovers that they transferred the amount of R4 billion in terms of an agreement that contravenes the law. THE WHOLESALER feels aggrieved and wants their money back from THE MANUFACTURER. Your Supervisor requires your legal opinion - the most appropriate remedy in this scenario is the condictio causa data causa non secuta.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Business Law And Its Environment

Authors: Richard Schaffer, Filiberto Agusti, Lucien J. Dhooge, Beverley Earle

8th Edition

0538473614, 978-0538473613

More Books

Students also viewed these Law questions

Question

2. In what way can we say that method affects the result we get?

Answered: 1 week ago