QUESTION ONE

$[26]$

$1\mathrm{.}1$ Distinguish between Real Rights and Personal Rights

$1\mathrm{.}2$ What are the essentials of a valid contract?

$(8)$

$1\mathrm{.}3$ Contrast, using examples, suspensive conditions from resolutive conditions.

$1\mathrm{.}4$ Who are the officers of the courts?

QUESTION TWO

$[50]$

$2\mathrm{.}1.$ "The courts capacity and authority to enquire into and decide upon a particular matter is termed its Jurisdiction" Assess the six factors that determine the court's jurisdiction to hear a particular matter.

$2\mathrm{.}2.$ Formulate the five forms of breach of contract indicating the who the breaching party is and provide a detailed discussion on the default of the debtor including reference to South African case law.

QUESTION THREE

$[24]$

$3\mathrm{.}1.$ Discuss the basic requirements of a Partnership.

$(12)$

$3\mathrm{.}2$ Explain the Employees duty to exercise reasonable skill and Diligence

$3\mathrm{.}3$ Indicate which five clauses must be included in a credit agreement.

$(7)$

END OF QUESTION PAPER