Certain requirements are required for a valid and enforceable contract. There are however certain occurrences that render a contract void or voidable. One such occurrence is duress, also known as…
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Contracting between businesses does not only require one to consider the transactional requirements, but also the protection of proprietary information of a company. When your company contracts with an outside…
Businesses are institutions that routinely enter into contracts. The formalization of contracts into a written form from verbal is not only for major institutions but small to medium businesses as…
A partnership is a business relationship which is potentially more binding and sometimes much more all-consuming than that of a marriage. Partnerships may take many different forms, but the underlying…
If you are considering or you are in the process of merging or amalgamating two companies, the Companies Act 71 of 2008 (“Act”) prescribes certain sections that need to be…
When one listens to the news, and companies are mentioned, terms such as directors and shareholders are often mentioned. These terms appear to be used interchangeably, however, they are two…
SCOPE OF PRACTICE Private individuals, small businesses and average consumers all contract with companies on a daily basis. However, many of these parties contract freely and voluntarily with these companies…
When considering the liability of a contracting company one of the most important considerations is that of their authority to contract. Previously we dealt with the scope of practice, as…
South Africa is a country filled with vast natural resources, which correlates into a need for labour and as such many employment opportunities. However, with employment opportunities comes many complexities…
With a considerable number of companies being incorporated on a monthly basis, there are a number of first-time directors stepping into this role and assuming duties, responsibilities and functions (“Fiduciary…
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