Credit cards, loans, store accounts – credit is everywhere in South Africa. But what if the agreement you signed for that fancy new phone isn’t quite what you thought? The…
Running a business is exciting, but there are also risks involved. One major concern is “reckless trading,” which can land directors in hot water. Here’s a breakdown of what it…
In today’s fast-paced world, time is precious. Getting agreements signed can often lead to delays, especially when parties are located in different places. But fear not, technology offers a solution:…
Imagine finding your dream home, but the upfront cost seems out of reach. An Instalment Sale Agreement (ISA) could be the key to unlocking homeownership! This agreement allows you to…
Everyone knows the saying, “To make money you need to spend money”. Well, this statement strikes a chord with all business owners, as you need to fund your business operations…
INTRODUCTION According to Daniel Visser in Unjustified Enrichment, the question of whether a claim for compensation of an improvement is justified can be addressed by looking at whether the improvement…
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…
It can be said that the appropriate time when a contract comes to an end is when the parties have satisfied their respective obligations, or when the parties have decided…
As mentioned in previous articles, a requirement for a valid contract is that it must meet the principle of legality. Common law illegality has been previously discussed, whereas this article…
One of the requirements for a valid contract is that the contract must subscribe to the principle of legality. Briefly, this entails the fact that when your contract is contrary…
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