⋆ ˆ ⋆
]]
CLA2602: Commercial Law IIB
May/June Examination 2026 — Covers Past Papers 2023 to 2025
⋆ ⋄ ⋆ ⋄ ⋆ ⋄ ⋆ ⋄ ⋆
[*] Mercantile Law / Department of Private Law [*]
[§] Exam Revision Guide
CLA2602
Module Code:
Commercial Law IIB
Module Name:
May/June 2026 Preparation
Exam Series:
May/June 2023, 2024 & 2025 Papers
Coverage:
4 hours + 30 min submission
Duration:
Open-book, 5 Sections
Format:
Study to understand – not just to memorise. Apply the law to facts.
ˆ Exam Revision Notes | CLA2602 | UNISA 2023–2025
,CLA2602 | Exam Revision 2023–2025 Commercial Law IIB
[i] How to Use This Revision Guide
This document reconstructs questions representative of CLA2602 May/June examinations
from 2023, 2024 and 2025. Each section mirrors the official paper structure. Answers are writ-
ten as study notes: state the legal principle, apply it to the facts, then reach a conclusion.
That is exactly the method UNISA examiners reward.
[] Exam Tip
The examiner’s standing instruction: (1) identify the area of law, (2) state the relevant
legal principles, (3) apply those principles to the given facts, and (4) state a clear con-
clusion. Students who recite law without applying it to the facts lose the most marks.
Exam structure (all years):
• Section A – Banking Law and Credit Agreements (approx. 40 marks, split into Parts A
and B)
• Section B – Other Methods of Payment / Negotiable Instruments (15 marks)
• Section C – The Law of Trusts (15 marks)
• Section D – The Law of Insolvency (15 marks)
• Section E – Administration of Estates (15 marks)
Page 2 of 30 ˆ
, CLA2602 | Exam Revision 2023–2025 Commercial Law IIB
Section A – Banking Law and Credit Agreements [40 marks]
[⋆] Key Concept
Banking law in CLA2602 covers: the banker-customer relationship, credit cards,
cheques (as negotiable instruments), the National Credit Act 34 of 2005, and electronic
payment systems. Section A appears in all three years and carries the most marks.
Part A – Multiple Choice [10 marks]
Question: Question A1 (May/June 2023 & 2024 style): Sipho draws a cheque
on Nedbank in favour of Thabo. Thabo endorses the cheque to Lerato. Lerato presents the
cheque, but the bank dishonours it. Identify the parties correctly.
(a) Sipho is the drawer, Nedbank is the drawee, Thabo is the original payee.
(b) Sipho is the drawee, Nedbank is the drawer, Thabo is the payee.
(c) Thabo is the drawer, Nedbank is the payer, Lerato is the payee.
(d) Sipho is the payee, Nedbank is the drawer, Thabo is the drawee.
Answer: The correct answer is (a).
• Drawer: The person who draws (writes) the cheque – Sipho.
• Drawee: The bank on whom the cheque is drawn, instructed to pay – Nedbank.
• Payee: The person in whose favour the cheque is drawn – Thabo.
• Lerato becomes the holder after endorsement and delivery.
A cheque is a bill of exchange drawn on a bank, payable on demand (s 1 of the Bills
of Exchange Act 34 of 1964). The drawer gives an unconditional order to the drawee
(bank) to pay a specified sum to the payee.
Question: Question A2 (May/June 2024 style): Blessings holds a credit card
issued by Setho Bank. He misplaced his card at a shopping mall in Tshwane. A fraud-
ster used the card to make purchases totalling R8 000 before Blessings reported the loss.
Which of the following statements is CORRECT regarding Blessings’ liability?
(a) Blessings is not liable for any amount because the bank bears the risk once a card is
lost.
Page 3 of 30 ˆ
]]
CLA2602: Commercial Law IIB
May/June Examination 2026 — Covers Past Papers 2023 to 2025
⋆ ⋄ ⋆ ⋄ ⋆ ⋄ ⋆ ⋄ ⋆
[*] Mercantile Law / Department of Private Law [*]
[§] Exam Revision Guide
CLA2602
Module Code:
Commercial Law IIB
Module Name:
May/June 2026 Preparation
Exam Series:
May/June 2023, 2024 & 2025 Papers
Coverage:
4 hours + 30 min submission
Duration:
Open-book, 5 Sections
Format:
Study to understand – not just to memorise. Apply the law to facts.
ˆ Exam Revision Notes | CLA2602 | UNISA 2023–2025
,CLA2602 | Exam Revision 2023–2025 Commercial Law IIB
[i] How to Use This Revision Guide
This document reconstructs questions representative of CLA2602 May/June examinations
from 2023, 2024 and 2025. Each section mirrors the official paper structure. Answers are writ-
ten as study notes: state the legal principle, apply it to the facts, then reach a conclusion.
That is exactly the method UNISA examiners reward.
[] Exam Tip
The examiner’s standing instruction: (1) identify the area of law, (2) state the relevant
legal principles, (3) apply those principles to the given facts, and (4) state a clear con-
clusion. Students who recite law without applying it to the facts lose the most marks.
Exam structure (all years):
• Section A – Banking Law and Credit Agreements (approx. 40 marks, split into Parts A
and B)
• Section B – Other Methods of Payment / Negotiable Instruments (15 marks)
• Section C – The Law of Trusts (15 marks)
• Section D – The Law of Insolvency (15 marks)
• Section E – Administration of Estates (15 marks)
Page 2 of 30 ˆ
, CLA2602 | Exam Revision 2023–2025 Commercial Law IIB
Section A – Banking Law and Credit Agreements [40 marks]
[⋆] Key Concept
Banking law in CLA2602 covers: the banker-customer relationship, credit cards,
cheques (as negotiable instruments), the National Credit Act 34 of 2005, and electronic
payment systems. Section A appears in all three years and carries the most marks.
Part A – Multiple Choice [10 marks]
Question: Question A1 (May/June 2023 & 2024 style): Sipho draws a cheque
on Nedbank in favour of Thabo. Thabo endorses the cheque to Lerato. Lerato presents the
cheque, but the bank dishonours it. Identify the parties correctly.
(a) Sipho is the drawer, Nedbank is the drawee, Thabo is the original payee.
(b) Sipho is the drawee, Nedbank is the drawer, Thabo is the payee.
(c) Thabo is the drawer, Nedbank is the payer, Lerato is the payee.
(d) Sipho is the payee, Nedbank is the drawer, Thabo is the drawee.
Answer: The correct answer is (a).
• Drawer: The person who draws (writes) the cheque – Sipho.
• Drawee: The bank on whom the cheque is drawn, instructed to pay – Nedbank.
• Payee: The person in whose favour the cheque is drawn – Thabo.
• Lerato becomes the holder after endorsement and delivery.
A cheque is a bill of exchange drawn on a bank, payable on demand (s 1 of the Bills
of Exchange Act 34 of 1964). The drawer gives an unconditional order to the drawee
(bank) to pay a specified sum to the payee.
Question: Question A2 (May/June 2024 style): Blessings holds a credit card
issued by Setho Bank. He misplaced his card at a shopping mall in Tshwane. A fraud-
ster used the card to make purchases totalling R8 000 before Blessings reported the loss.
Which of the following statements is CORRECT regarding Blessings’ liability?
(a) Blessings is not liable for any amount because the bank bears the risk once a card is
lost.
Page 3 of 30 ˆ
