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LPL4801 Assignment 1 Semester 2 MEMO | Due 28 August 2026. All questions fully answered. QUESTION 1
(a) Advise your client in full whether the National Credit Act 34 of 2005 (the NCA) is in fact applicable to the said agreement. (10)
(b) Advise your client in full whether the interest rate that was charged is allowed under the NCA and, if not, the effect on the validity of the agreement. (5)
LPL4801 Assignment 1 Semester 2 MEMO | Due 28 August 2026. All questions fully answered. QUESTION 1
(a) Advise your client in full whether the National Credit Act 34 of 2005 (the NCA) is in fact applicable to the said agreement. (10)
(b) Advise your client in full whether the interest rate that was charged is allowed under the NCA and, if not, the effect on the validity of the agreement. (5)
LPL4801 Assignment 1 Semester 2 MEMO | Due 28 August 2026. All questions fully answered. QUESTION 1
(a) Advise your client in full whether the National Credit Act 34 of 2005 (the NCA) is in fact applicable to the said agreement. (10)
(b) Advise your client in full whether the interest rate that was charged is allowed under the NCA and, if not, the effect on the validity of the agreement. (5)
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