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What are the requirements for the transfer of ownership of a thing in a contract of purchase and sale? Conversation A: Veronica: I want to

  1. What are the requirements for the transfer of ownership of a thing in a contract of purchase and sale?

Conversation A:

Veronica: I want to sell my computer for N$5 000.00

Natangwe: That sounds good. I'll buy it.

Veronica: Great. Bring the money tomorrow and you can take it.

Conversation :B

Natangwe: I need a computer to do my assignment.

Veronica: If you pay me N$50.00 you can use mine.

Natangwe: Thank you. I will come to your house on Friday and pay you when I've finished.

2.1 List and identify the essentialia of the contract arising from conversation "A" (6)

2.2 List and identify the essentialia of the contract arising from conversation "B" (6)

2.3 Briefly discuss Natangwe's duties arising from conversation "B". (9)

2.4 What will the effect be on the legal relationships arising between Veronica and Natangwe as a result of conversations "A" and "B" respectively if the computer was destroyed by lightning the night before Natangwe was due to use it? Discuss in detail.

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