CLA2602 Commercial Law IIB

University of South Africa

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CLA2602 - The Law of Trusts - Questions and Answers
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    CLA2602 - The Law of Trusts - Questions and Answers

  • 1. What are the basic features of a trust? The basic features of a trust are that the control of trust property is transferred to the trustee to be administered for the benefit of the beneficiary. 2. Name the recognized methods for transferring ownership of movable or immovable property.  Original method e.g. occupation or prescription  Derivative method e.g. delivery of- movable property or transfer and registration of immovable property. 3. Distinguish between an ownership trust ...
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CLA2602 SUMMARIZED NOTES 2021.
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    CLA2602 SUMMARIZED NOTES 2021.

  • CLA2602 SUMMARIZED NOTES 2021. CLA2602 - Commercial Law. Non-essential elements of a cheque – elements that appear on a cheque but do not affect the validity of the cheque :  date – cheque not invalid merely because it is not dated. If dated then that is deemed to be the true date of the drawing. If not dated then date of issue of the cheque is regarded as the date of the cheque (issue = date of delivery of the fully completed cheque to a person who takes it as holder). Act says that ...
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CLA2602_ Commercial Law_  Exam Pack.
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    CLA2602_ Commercial Law_ Exam Pack.

  • CLA2602_ Commercial Law_ Exam Pack. CLA2602_ Commercial Law_ Exam Pack.
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CLA2602 SUMMARIZED NOTES
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    CLA2602 SUMMARIZED NOTES

  • STUDY UNIT 1A NEGOTIABLE INSTRUMENTS & OTHER METHODS OF PAYMENT Negotiable instruments & other methods of payment e.g. bills of exchange, cheques and promissory notes. Sources of SA Law of negotiable instruments :  Legislation – Bills of Exchange Act 34 of 1964  SA Common Law – Roman-Dutch Law (anything not covering in the Bills of Exchange Act is subject to common law)  Decisions of the SA courts  SA courts NOT bound by English case law BUT decisions in English courts c...
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