Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer all the questionss.,.within 30 minutes. make sure the explanation and reasons are explained in very detailed manner. else leave it for other tutor

please answer all the questionss.,.within 30 minutes. make sure the explanation and reasons are explained in very detailed manner. else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and IS NOT COPIED FROM ANYWHERE ELSE YOUR ANSWER WILL DOWNVOTED AND REPORTED STRAIGHTAWAY. USE YOUR OWN LANGUAGE WHILST WRITING.

ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.

MAKE SURE THE ANSWER IS WELL EXPLAINED AND DETAILED.

CASE STUDY:

The law of contract acts as a golden thread throughout all elements concerned with daily business transactions. Agreements are constantly being entered into for various purposes. A contract is binding in law and each party must deliver and perform according to their obligations as mutually agreed upon in the contract. Hydroshiny Inc is owned by siblings Leon and Kate. The business is based in Durban. Leon manages the financial elements of the company and his sister Kate manages the procurement aspects. The business currently employs one (1) hairdresser. The business also offers a mobile hair and nail salon. Kate wishes to improve the profit margin, as it has been extremely difficult for the business post COVID19. Kate has conducted research and has heard about a new innovative hair styling tool, which has multiple functions. Kate is certain that this will attract new customers to their salon. She pitches the idea to Leon and they both agree to source the hair styling tool and sell it to their customers. Question 1 Kate contacts Hair For Days, a company which supplies the new hair styling tool. The two parties agree to contract with each other. Hair For days will supply Hydroshiny Inc with 50 units at a cost of R500.00 each. This will be an ongoing relationship for a period of 1 year. Kate wishes to ensure that the contract between both parties is legally correct and binding in law. She has heard that there are special clauses, which can be found in a contract.

You are required to advise Kate on FIVE (5) special clauses which are found in a contract. You are required to fully outline the clauses and thereafter demonstrate an application of the law by providing a practical example for each clause. (You may relate your practical examples to the above set of facts).

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_2

Step: 3

blur-text-image_3

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

Constitutional Law Cases Materials And Problems

Authors: Russell L. Weaver, Steven I. Friedland, Richard D. Rosen

5th Edition

1543830447, 978-1543830446

More Books

Students also viewed these Law questions

Question

Explain the Pascals Law ?

Answered: 1 week ago

Question

What are the objectives of performance appraisal ?

Answered: 1 week ago

Question

State the uses of job description.

Answered: 1 week ago

Question

4. What means will you use to achieve these values?

Answered: 1 week ago

Question

3. What values would you say are your core values?

Answered: 1 week ago