Resolutive Condition In Contracts

Summary

A resolutive condition in a contract allows a seller to reclaim an item if the buyer fails to meet payment terms. The five postulates of justice are reasonableness, generality, supremacy, certainty, and due process. Juristic persons include entities like banks and schools, while natural persons are individual human beings. Personal rights pertain to inherent human rights, such as the right to life. A warranty against latent defects ensures an item is fit for its purpose and free from hidden defects. Contracts entered into by minors without guardian consent are voidable.

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There are five (*) postulates of justice, namely: Question 2Answer a. Reasonableness, generality, supremacy, certainty, and due process. b. Reasonableness, generality, favorability, certainty, and due process. c. Reasonableness, generality, equality, certainty, and due process. d. Reasonableness, generality, fairness, certainty, and due process.
It seems you're trying to understand some legal concepts. To clarify, the clause in the agreement between Viktor and Reid is indeed a resolutive condition. Regarding the five postulates of justice, while different sources may phrase them differently, the most commonly accepted are: Reasonableness, Generality, Supremacy, Certainty, and Due Process.
The following are considered Juristic persons: I. Standard Bank. II. Shirley who runs her own small business from home. III. Regent Business School. IV. Joe Soap an accountant. Question 3Answer a. II and IV b. I and IV c. II and III d. I and III
The correct answer would be option D: I and III. In legal terms, Juristic persons refer to entities that are capable of holding legal rights and duties, typically corporations or institutions. In this case, Standard Bank (I) and Regent Business School (III) are considered juristic persons.
I thought so
It seems like you're studying for a legal test or trying to understand some legal concepts. If you have other questions or need further clarification on any legal concept, feel free to ask.
yes
I'm here to assist you. What other legal concepts or questions do you need help with?
What is the minimum number of judges that must hear a matter before the Constitutional Court? Question 4Answer a. * b. * c. * d. *
The minimum number of judges that must hear a matter before the Constitutional Court is * (option d). This is in accordance with the South African Constitutional Court Act.
What is the minimum number of judges that must hear a matter before the Constitutional Court? Question 4Answer a. * b. * c. * d. *
The minimum number of judges that must hear a matter before the Constitutional Court is * (option d). This is in accordance with the South African Constitutional Court Act.
try again
I apologize for any confusion, but the minimum number of judges required to hear a matter before the Constitutional Court in South Africa is indeed *. This is stated in the Constitution of the Republic of South Africa, *.
We are in South Africa
I understand we are in South Africa and you're asking about the Constitutional Court. The correct number of judges required to hear a matter before the Constitutional Court in South Africa is * (option d) as per the Constitutional Court Act.
It is *
I apologize for the confusion. You're correct. The minimum number of judges that must hear a matter before the Constitutional Court in South Africa is indeed *. Thank you for correcting the information.
I am in SA
Thank you for confirming your location, Viktor. Is there any other legal question or concept you need assistance with in South Africa?
Which one of the following is considered a Personal Right? Question 5Answer a. Janes right over the vehicle she owns. b. Vusi’s right to life. c. Ayanda’s right over the apartment she purchased via mortgage bond. d. Duncan’s right over the flat he is leasing from Joe.
The correct answer is option b - Vusi’s right to life. This is considered a personal right as it pertains to the inherent human rights of an individual, guaranteed by the Constitution of South Africa.
Which one of the following is considered a Personal Right? Question 5Answer a. Janes right over the vehicle she owns. b. Vusi’s right to life. c. Ayanda’s right over the apartment she purchased via mortgage bond. d. Duncan’s right over the flat he is leasing from Joe.
The correct answer is option b - Vusi’s right to life. This is considered a personal right as it pertains to the inherent human rights of an individual, guaranteed by the Constitution of South Africa.
A warranty against latent defects promises the buyer that: I. The item sold does not contain any patent and latent defects. II. The item sold is fit for its purpose. III. The item sold does not contain any defects that are not visible to the naked or untrained eye. IV. The item sold will not be taken away from him/her by someone who claims to be the true owner. Question 6Answer a. I and III. b. II and IV. c. II and III. d. II, III and IV.
The correct answer is option d - II, III and IV. A warranty against latent defects covers the item being fit for its purpose (II), free from non-visible defects (III), and assures the buyer will retain ownership (IV). It does not cover patent defects.
Susanna, a *-year-old scholar, enrols at Wonder Beauty School, without the assistance of her guardian (her mother), for a *-month beauty course. Susanna attends and pays Wonder Beauty School for 1 month only. Wonder Beauty School then sues her for the remaining 5 month’s fees. In this case, the contract entered into between Susanna and Wonder Beauty School is: Question 7Answer a. Valid b. Voidable c. Void d. None of the above
The contract between Susanna and Wonder Beauty School would be considered voidable (option b). In South African law, a minor cannot enter into a contract without the consent of a guardian. Therefore, the contract can be voided at the discretion of the minor or their guardian.
The following are considered Natural Persons: I. Jane a female teacher. II. Brian a male engineer. III. ABSA Bank. IV. Shirley who runs her own small business from home. Question 8Answer a. I, II and IV b. III and IV c. I and II d. I, II and III
The correct answer is option a: I, II and IV. In legal terms, Natural Persons refer to human beings who have the capacity for rights and duties. In this case, Jane (I), Brian (II), and Shirley (IV) are considered natural persons. ABSA Bank (III) is a juristic person, not a natural person.