Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mr Nzimande owns a store that supplies purified water. His business has been rather successful of lately due to the water shortages in Durban. Mr

Mr Nzimande owns a store that supplies purified water. His business has been rather successful of
lately due to the water shortages in Durban. Mr Nzimande has a brilliant idea to create customised
bottles for events. He notices that his neighbour Mr Naidoo runs a graphic design and printing
company. He approaches him with the business idea. Mr Naidoo is keen and proposes brilliant graphic
designs for the water bottles.
Mr Nzimande wants to ensure that there is a contract in place between both parties with clear terms
that reflect both of their interests.
Question 1(15 Marks)
Mr Nzimande is 18 years of age, he understands that one of the essentialia of a contract includes that
parties must have the capacity to contract in law. He further understands offer and acceptance, so
there is no need to elaborate on that aspect of contract law in this question.
You are required to outline seven (7) further essentialia that is necessary to be satisfied in order for a
contract to come into existence. In your answer you must outline the requisite essentialia, and
thereafter demonstrate an independent application of the essentialia by providing examples for each
element respectively. The examples MUST relate to the above-mentioned scenario.
Question 2(15 Marks)
Mr Nzimande wants to ensure that he is well aware of legislation in South Africa. He has also recently
expanded his business with 4 other stores in Durban. Mr Nzimande wants to provide training and
awareness for his staff. He approaches you to speak about the Consumer Protection Act to his
employees.
You are required to research the Consumer Protection Act. You must ensure that the following points
are elaborated on:
- The purpose of the Consumer Protection Act
- Where does the Act apply. Outline any exceptions
- What protection does the Act offer to consumers. You can refer to sections within the legislation
- What a customer can do should a supplier not adhere to the act
- You MUST provide practical examples for each point above
- You MUST include credible sources of information. Kindly ensure that you reference them
accordingly.
Your answer should be approximately between 1500 to 1800 words

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

The Oxford Handbook Of State Capitalism And The Firm

Authors: Mike Wright, Geoffrey T. Wood, Alvaro Cuervo-Cazurra, Pei Sun, Ilya Okhmatovskiy, Anna Grosman

1st Edition

0198837364, 978-0198837367

More Books

Students also viewed these Finance questions

Question

4. Which is considered a "threshold competency" and why?

Answered: 1 week ago

Question

What is meant by group polarization?

Answered: 1 week ago