14 Questions
What must be clearly described in a contract if other persons are involved, according to the text?
The capacities of the other persons
What happens if a substantial stipulation in a deed of alienation is altered without complying with statutory formalities?
The deed of alienation would be null and void
How can termination or re-instatement of a deed of alienation be effected, as mentioned in the text?
Verbally
Why are blank spaces left on deeds of sale of land drawn up based on printed standard format contracts?
To accommodate variable data that needs to be completed by hand
What are the general requirements for a valid contract of sale?
Consensus, Capacity, Legality, Possibility
What makes a contract of sale reciprocal?
Seller promises delivery in exchange for purchaser's payment
How does the law of purchase and sale relate to contracts of sale?
It is a subset of contract law that focuses on specific types of sales
Which legal system influenced the development of the RomanDutch law of sale?
Roman law
What does a contract of sale primarily involve?
One party's promise to deliver an item in exchange for the other party's promise to pay
Which element is NOT essential for a valid contract of sale?
Intention to create legal relations
Why is the contract of sale considered reciprocal?
Because it involves obligations on both parties to perform in the future
In a contract of sale, what is the role of consensus?
To establish a meeting of minds regarding key elements of the contract
How does a contract of sale differ from other types of contracts?
'Contracts of Sale' involve one party delivering an item in exchange for payment.
What should a contract of sale have to be legally binding?
Clear terms that reflect the agreement between buyer and seller.
Test your understanding of important concepts related to the interpretation of section 2(1) of the Alienation of Land Act, based on the case Shurrie v Sheriff for the Supreme Court Wynberg 1995 (4) SA 709 (C). Explore key terms like alienate, sale, and property rights.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
