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P buys an erf (land) from S for R300 000. During the negotiations S pointed out a different erf to P than the one that is described in the written contract of sale, for R300 000. What type of mistake does P make?
X inherits a watch which Y is interested in buying. X and Y believe that the watch is a genuine Rolex and both know of each other's belief. When they conclude the contract, Y tells X that he is only buying the watch because it is a Rolex. However, it turns out to be only an imitation. This is most probably a case of a
Which statement is INCORRECT?
X inserts ammunition into his gun and points it at Y , and orders him (Y) to sign a written contractual document which X already signed as the purchaser. X explains that the document is for the sale of Y’s car to him (X), at a price of R30 000. The market value of the car is R250 000. Y, fearing for his life, signs the document as the seller. If Y proves the requirements for the relevant cause of action that he (Y) is most likely to pursue, then the contract between X and Y becomes
Which cause of action will render the contract void?
A contract for the benefit of a third party relates to
X finds himself stranded in a remote area when his motor vehicle breaks down. There is no cell phone reception in the area. After five days have passed without seeing anyone, Y comes along and offers to tow X to the nearest town for the exorbitant fee of R20 000. X is upset that Y wants to charge such an excessive amount, but X eventually accepts Y’s offer. X refuses to pay Y R20 000 after being towed to the town. A reasonable fee for this towing would have been R5 000, but Y claims the full amount of R20 000 from X. Regarding this factual scenario, which statement is
X has a Swatch watch that Y likes. X offers to sell her Swatch watch to Y for R5 000, and X and Y agree that X’s offer will be open for acceptance until 1 June 2025. This is a case of
X makes a written offer to Y to purchase Y’s Rolex watch. X sends the written offer by post to Y. Y reads the offer on 13 May and drafts an acceptance on 14 May. Y posts his written acceptance on 15 May to X. X receives the acceptance on 17 May and reads it on 18 May. Based on these facts, which statement is
Portia and Lucas are engaged and are living together. They want to purchase Jerome’s car. Jerome has never met Portia. Jerome offers to sell his car to Lucas for R100 000. Lucas and Portia accept Jerome’s offer. Which statement is
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