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Questions and Answers
Ineffective methods include where the price is fixed unilaterally by one of the parties.
Ineffective methods include where the price is fixed unilaterally by one of the parties.
True (A)
In the event of a third person making a reasonable determination, the parties are not bound by it.
In the event of a third person making a reasonable determination, the parties are not bound by it.
False (B)
If a determination is found to be unreasonable, the court has the power to correct it.
If a determination is found to be unreasonable, the court has the power to correct it.
True (A)
According to the Consumer Protection Act, a seller is allowed to enter into agreements at an unfair price.
According to the Consumer Protection Act, a seller is allowed to enter into agreements at an unfair price.
If there is a current or usual price for an object sold, the selling price may be different from the current or usual price.
If there is a current or usual price for an object sold, the selling price may be different from the current or usual price.
When correcting a determination, the other party should not be given a choice whether to abide by the agreement or not.
When correcting a determination, the other party should not be given a choice whether to abide by the agreement or not.
Every consumer has the right to assume that a supplier of goods has the legal right and authority to provide ownership of those goods.
Every consumer has the right to assume that a supplier of goods has the legal right and authority to provide ownership of those goods.
A supplier is not liable for any charge or encumbrance relating to the goods if it is disclosed in writing before conclusion of the transaction.
A supplier is not liable for any charge or encumbrance relating to the goods if it is disclosed in writing before conclusion of the transaction.
According to the res litigiosa doctrine, the rights of the second purchaser must prevail over those of the first purchaser during pending litigation.
According to the res litigiosa doctrine, the rights of the second purchaser must prevail over those of the first purchaser during pending litigation.
A merx becomes a res litigiosa when a court order is issued.
A merx becomes a res litigiosa when a court order is issued.
The knowledge of pending litigation by the second purchaser is a determining factor in whether a merx is considered a res litigiosa.
The knowledge of pending litigation by the second purchaser is a determining factor in whether a merx is considered a res litigiosa.
Under the Consumer Protection Act, a supplier and consumer colluding to defraud a third party releases the supplier from any liability.
Under the Consumer Protection Act, a supplier and consumer colluding to defraud a third party releases the supplier from any liability.
According to section 18(3) of the Consumer Protection Act 68 of 2008, future objects sold by description or sample must correspond with the delivered object.
According to section 18(3) of the Consumer Protection Act 68 of 2008, future objects sold by description or sample must correspond with the delivered object.
Under section 18(4) of the Consumer Protection Act, future objects sold by sample and description do not need to correspond with both.
Under section 18(4) of the Consumer Protection Act, future objects sold by sample and description do not need to correspond with both.
According to section 19(5) of the Consumer Protection Act, a consumer is entitled to examine the merx before accepting delivery.
According to section 19(5) of the Consumer Protection Act, a consumer is entitled to examine the merx before accepting delivery.
If a consumer did not have an opportunity to examine the merx, they cannot return it and cancel the agreement within ten business days according to section 20(4) of the Consumer Protection Act.
If a consumer did not have an opportunity to examine the merx, they cannot return it and cancel the agreement within ten business days according to section 20(4) of the Consumer Protection Act.
The risk and expense of returning the merx in case it does not comply with the implied standard lies with the buyer according to the Consumer Protection Act.
The risk and expense of returning the merx in case it does not comply with the implied standard lies with the buyer according to the Consumer Protection Act.
According to the content provided, a seller must be the owner of the object sold to conclude a valid contract of sale.
According to the content provided, a seller must be the owner of the object sold to conclude a valid contract of sale.
