Question
QUESTION 4 Jono leases an apartment n Windhoek North from Hannah. To alleviate his boredom when his friends decide to stop partying and start studying
QUESTION 4 Jono leases an apartment n Windhoek North from Hannah. To alleviate his boredom when his friends decide to stop partying and start studying he decides to buy a big screen TV from The Television Shop. He enters into an Instalment Sale Agreement in terms of the Credit Agreement Act 75 of 1980, as amended.
Answer the following questions, motivating your answers as required.
4.1 Two days after his purchase Jono realises that he cannot afford the TV and decides to return it to the shop in terms of Section 13 of the Credit Agreements Act 75 of 1980. Can he do this? (4)
4.2 Eventually Jono can no longer pay his rent, and Hannah attaches his movable goods, including the TV, to recover the arrears. Can Hannah do this? (6)
4.3 Susi buys the TV at a sale in execution. A week later she is contacted by a representative of The Television Shop who informs her that the TV was subject to an installment sale agreement and belonged to them, and not to Jono, when it was attached. The representative demands that Susi return the TV. Advise Susi. (5) [15]
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