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Unathi borrowed R2000 from Fikile because Unathi was struggling to pay his rent for the month. This means that Unathi owes Fikile R2000. However,
Unathi borrowed R2000 from Fikile because Unathi was struggling to pay his rent for the month. This means that Unathi owes Fikile R2000. However, Fikile also owes Unathi R1500, because he bought a sound system from Unathi. Required: 4.1 Determine whether Unathi and Fikile's debts can be set-off against each other. 4.2 If the debts are set-off, how much would each party owe each other? (4 marks)
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
