Question: Indicate the correct statement: When a court establishes a binding precedent, the reason for its decision, in Latin, is referred to as: a. Ratio decidendi

Indicate thecorrectstatement:

When a court establishes a binding precedent, the reason for its decision, in Latin, is referred to as:

a.

Ratio decidendi

b.

Postea

c.

Obiter dicta

d.

Res judicata

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Question text

It is uneconomical to repair Trilly Mobogoya's red Isizu bakkie (van) after it was involved in a road accident collision. However, he is entitled to claim R75 000.00 from the pre-accident value of the motor vehicle, which was estimated at R84 000.00. How much is the salvage value of the wreck?

a.

75 000.00

b.

R83 000.00

c.

R9 000.00

d.

R158 000.00

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