PVL3702 Assignment 1 Due 31 March 2026 - Distinction Guaranteed _UNISA

PVL3702
ASSIGNMENT 1
DUE DATE: 31 MARCH 2026

, PVL3702 ASSIGNMENT 1 QUESTION: 2026 (SEMESTER 1)

DUE 31 OF MARCH 2026



Jabu owns a jewelry store. He recently bought what he believed to be
a genuine diamond ring for R50 000 from one of his suppliers.
Raymond visits the store and offers Jabu R80 000 for the same ring,
and Jabu accepts the offer. The contract was concluded onthe basis
that the sale item is a genuine diamond ring.
Subsequently, when Raymond……….




Relevant Type of Mistake and Validity of the Contract



The legal issue in this scenario is whether the contract of sale between
Jabu and Raymond is affected by a relevant mistake that renders it void.
The facts indicate that both parties concluded the contract on the shared
assumption that the ring was a genuine diamond ring, when in fact it was
not. The type of mistake applicable here is therefore a common mistake
(common error).




A common mistake occurs where both parties are under the same incorrect
assumption regarding a material fact at the time of contracting. Unlike