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Joanne enrols at Wonder Beauty School for a 6 (six) month course without the assistance of her guardian (her mother). In terms of the agreement
Joanne enrols at Wonder Beauty School for a 6 (six) month course without the assistance of her guardian (her mother). In terms of the agreement Joanne has signed with Wonder Beauty School she has to pay the sum of R6 000.00 (six thousand rand) in monthly instalments of R1 000 (one thousand rand). Joanne pays the first instalment, attends for 2 (two) months and then no longer attends the course. Wonder Beauty School is now claiming the remaining R5 000.00 (five thousand rand) from Joanne. Advise Joanne on the following: 2.1 Recall any 7 (seven) essentials for a valid contract. 2.2 Identify 9 (nine) factors that may affect a person's capacity to contract. 2.3 What is the contractual capacity of the following categories of persons? a) Infantes (under 7 years of age); b) Pupilli (between the ages of 7 and 18 ); c) Persons over the age of 18. 2.4 Is the contract between Joanne valid, void or voidable? Justify your answer. (3) 2.5 Assess whether Joanne owes Wonder Beauty School any money and if so, to what value? 2.6 Explain your answer in 2.5 above and include in your answer an understanding of the principle of unjustified enrichment. (5) 2.7 Briefly explain the concept of restitutio in integrum (restitution). QUESTION THREE [15] 3.1 Distinguish between the 3 (three) types of directorships namely, executive director, managing director and a chairperson. (5) 3.2 In terms of the Companies Act 71 of 2008 there are restrictions on appointments as directors. Identify any 5 (five) of these restrictions. (5) 3.3 In terms of the Companies Act 71 of 2008 identify any 5 (five) criminal offenses that a director of a company can commit
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