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SECTION A: SHORT QUESTIONS COMPULSORY (50 MARKS) on QUESTION: 1 tion 1.1 Mr. Zen is a foreign businessman operating as a property development agent in
SECTION A: SHORT QUESTIONS COMPULSORY (50 MARKS) on QUESTION: 1 tion 1.1 Mr. Zen is a foreign businessman operating as a property development agent in Port Shepstone. He has been entrusted by his principals, who are foreign investors, residing in Japan to develop a business and residential complex in Port Shepstone. Zen, in compliance with South African legislation, issued a private it of tender. A company by the name of Shady and Associates, construction company, applied for the tender. Mr. Freddy Mafia, the CEO of Shady and Associates approached Mr. Zen privately, with the intention of bribing Mr. jestion Zen. Freddy's offer was refused. Freddy Mafia then produced numerous photos of Zen's children and other members of his family living and working in South Africa. Freddy advised Mr. Zen to sign the tender documents and contract in favour of Shady and Associates, failing which the safety of his family may be in jeopardy. Mr. Zen had no alternative but to award the tender to Shady and Associates by signing the relevant documents. Evaluate the validity of the contract concluded between Mr. Zen and Shady and Associates, by discussing the applicable legal principle and its requirements. (10) MECER F2 F3 F4 F5 F6 F7 F8 FS F1 F10 F 140 Insert @ # PK 8 2 3 4 5 6 8 9 Q W E R T Y U 5 O A S D F G H J K 2 C Z X C B N Mo
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