Formerly the law pertaining to marriage entrenched a patriarchal system in which a man was legally entitled to control his wife and where women had a weak bargaining position in…
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Most people opt to manage different side businesses to generate more cash flow to stay afloat. The South African economy has forced people to search for other means to live…
Businesses go through an ebb and flow of cash flow circumstances. Some months they are liquid enough to satisfy their creditors and during others, they struggle to make all payments…
A garnishee order is an order made by the court for the attachment of a debt that is owing to a creditor. For example, it is the debt owed on…
The Basic Conditions of Employment Act provides that “an employer must pay an employee who is dismissed for reasons based on the employer’s operational requirements severance pay equal to at…
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…
Insider trading is a common term briefly defined as a form of market abuse whereby an insider (which can be a juristic person, trust partnership, or person) with insider knowledge…
The basic definition of a lease agreement is one where a lessee gets the temporary use of the object in return for payment of rental to the lessor. By this…
While it is not possible to be aware of every type of agreement and its related terms, it is recommended to be aware of some of the generic terms which…
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