Question: Question 4 (Marks: 15) Your client, Mr Moodley has shown an interest in purchasing an apartment at The Pearly Gate in Umhlanga and was given
Question 4 (Marks: 15) Your client, Mr Moodley has shown an interest in purchasing an apartment at The Pearly Gate in Umhlanga and was given a copy of the Offer to Purchase. Mr Moodley requested that the agents allow him a few days for his attorney to peruse the offer. He foresees hidden costs, which he may not be able to afford later, as he wants to retire. He is informed that if he does not sign the contract immediately, he would lose the property and they threaten to kill him and his little sister if he does not buy the property. He is forced to sign and feels he has no other choice. Q.4.1 Identify the factor affecting consensus in the above scenario. (1) Q.4.2 Discuss the elements or factors that one must establish when alleging the conduct, you have identified in Q.4.1 above. (10) Q.4.3 Describe the legal consequences of a contract concluded under the factor you have identified in Q.4.1.
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