CLA1502 answer paper 19 November 2020.
October /November 2020 Examination Commercial Law 1B Date: 19 November 2020 Student Number: OUESTION 1 1.1Difference between arbitration and litigation: Arbitration proceedings are less formal In arbitration there is no right to appeal if party is unhappy with decision awarded whereas in litigation a party is allowed to appeal against a decision The cost of the venue and presiding officer are borne by state in litigation and in arbitration parties are responsible for all cost Arbitration offers the benefits, over court litigation, but its finality often discourages parties from having recourse to it. 1.2Two remedies a lessor may use to protect this right: Tacit hypothec-the lessor may only make use of this remedy only when the rent is in arrears Automatic rent interdict –it would prevent a person from removing any movable that may be given as security for unpaid rent. 1.3Differences between the law of copy right and the law of patents: Law of Copyright is divided into two requirements ‘’( inherent and formal)’’ and Law of patent three requirements must exist before invention can be patented ‘’( be new , involve an inventive step and be capable of use or applicable in trade , industry and agriculture)” 1.4Discuss the acts which will constitute an infringement of a trade mark: Infringement occur when persons other that the registered proprietor uses a mark which is identical or confusingly similar to the registered trade mark applicable to goods or service for which the trade mark is registered. Is not limited to the exact goods and services covered by the trade mark registration. Available only in the case of registered mark which are popular in the Republic. 1.5Discuss the protection of the franchisor’s intellectual property rights:
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- CLA1502 - Commercial Law IB
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cla1502 answer paper 19 november 2020