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Which of the following statement/s is/are CORRECT? The court in Mitchell Cotts Freight Zimbabwe (Pvt) Ltd v S&T Import and Export (Pvt) Ltd 1982 (2)
Which of the following statement/s is/are CORRECT? The court in Mitchell Cotts Freight Zimbabwe (Pvt) Ltd v S&T Import and Export (Pvt) Ltd 1982 (2) SA 669 (Z), which dealt with the payment of a debt, held that:
- The terms of the contract must be certain.
- The contract will be void for vagueness if the parties nominate a third party to determine the purchase price in a contract of sale.
- Where the language used is vague, indefinite or lacking in detail, the contract is void for vagueness.
- Where the language used is vague, indefinite or lacking in detail, the contract remains valid if the parties had full contractual capacity at the time of conclusion of the contract.
- The terms of the contract must always be in English, since it is the commonly accepted business language in South Africa.
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