Question 5:

Identify the type of impossibility that occurred in the following scenarios and indicate the impact of such impossibility will have on the validity of a contract.

1. A and C concluded a contract in terms of which A will sell cattle to C. However, the cattle were stolen the night before the delivery was supposed to take place.
2. Sia sells Bow a car that belongs to Arrow.
3. Betty bought jewellery from an overseas supplier. The jewellery was being transported by ship in a shipping container since it was delivered together with other goods. Unfortunately, the shipping container fell overboard. The jewellery is was valued at R75000 while the cost to retrieve the shipping container was valued at R100000.
4. Portia entered into a credit agreement with a supplier of furniture. Due to being retrenched, she is unable to continue payment of her monthly instalments.

(8 marks)