South Africa High Court Case Judgment Quiz
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Questions and Answers

What was the primary basis for the plaintiff's claim against the defendant?

  • Unauthorized transfer of funds (correct)
  • Closure of the plaintiff's bank account
  • Freezing of services without notice
  • Suspected fraud in the defendant's account

    • What was the defendant's defense in response to the plaintiff's claim?

  • The defendant stated that the transfer was successfully completed.
  • The defendant highlighted a breach in the plaintiff's banking agreement.
  • The defendant asserted it never received any instruction regarding the transfer.
  • The defendant claimed to have stopped the transfer due to suspected fraud. (correct)

    • Which clause of the banking agreement did the defendant rely on to justify their actions?

  • '3.2 Service Interruptions'
  • '7.8 Fraud or Suspected Fraud' (correct)
  • '5.4 Unauthorized Transactions'
  • '7.1 Customer Account Freeze'

    • What was the outcome concerning the transfer of funds from Likhanyile's account to the plaintiff's account?

    <p>The payment was halted before reaching the plaintiff's account.</p> Signup and view all the answers

    What action did the bank take as per clause 7.8 of the banking agreement?

    <p>Closed both the plaintiff and Likhanyile's accounts</p> Signup and view all the answers

    What relationship did the plaintiff company have with Likhanyile?

    <p>Sub-contractor relationship</p> Signup and view all the answers

    Why did Lombard insist on being appointed as a signatory to Likhanyile's bank account?

    <p>To ensure reimbursement for the services provided by the plaintiff</p> Signup and view all the answers

    What action did Lombard take on July 28, 2014, regarding the transfer of funds between accounts?

    <p>Transferred money from the plaintiff's account to his personal account</p> Signup and view all the answers

    What was Lombard's 'security' agreement with Likhanyile based on?

    <p>Ability to operate Likhanyile's account electronically</p> Signup and view all the answers

    What discrepancy did Lombard notice regarding the transfer of funds between accounts?

    <p>His personal account showed a credit but not the plaintiff's account</p> Signup and view all the answers

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