Question: Clearly indicate whether the following statement is True OR False. Substantiate your answer. THE MANUFACTURER and THE WHOLESALER conclude an agreement in contravention of the
Clearly indicate whether the following statement is True OR False. Substantiate your answer.
THE MANUFACTURER and THE WHOLESALER conclude an agreement in contravention of the Customs and Excise Act 91 of 1964. Whilst THE MANUFACTURER is fully aware of this fact, THE MANUFACTURER does not disclose this to THE WHOLESALER (who under the circumstances, cannot be reasonably expected to know). THE WHOLESALER subsequently transfers R4 billion as per the agreement. A few days after the transfer, THE WHOLESALER discovers that they transferred the amount of R4 billion in terms of an agreement that contravenes the law. THE WHOLESALER feels aggrieved and wants their money back from THE MANUFACTURER. Your Supervisor requires your legal opinion - the most appropriate remedy in this scenario is the condictio causa data causa non secuta.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
