Question: Question 3 ( 2 0 MARKS ) Question 1 ( 2 0 MARKS ) Tom owns a small construction business in Johannesburg. He receives a
Question MARKSQuestion MARKS
Tom owns a small construction business in Johannesburg. He receives a request for a quote from Sarah, who wants to
renovate her home. Tom provides a detailed written quote for the renovation work, specifying the scope of work, materials to
be used, and the total cost. Sarah accepts the quote in writing and agrees to pay the specified amount upon completion of
the renovation. Tom starts the renovation work and completes it on time, but Sarah refuses to pay, claiming that the quality
of the work is unsatisfactory. Discuss the legal issues involved, considering the elements of a valid contract and potential
remedies available to Tom.
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Private company and a close corporation are two common business structures in South Africa, each with its own set of
advantages and disadvantages. You are a consultant advising a group of entrepreneurs in South Africa who are planning to
start a business. They are considering different company structures.
Discuss the advantages and disadvantages of forming a private company versus a close corporation. MARKS
Provide recommendations based on their business goals and the regulatory environment. MARKS
Question MARKS
Explain the primary and secondary sources of law in South Africa. MARKS
Discuss the significance of each in the South African legal system. MARKS
Explain the primary and secondary sources of law in South Africa. MARKS
Discuss the significance of each in the South African legal system. MARKS
END OF PAPER.
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