Description
FBE2604 ASSIGNMENT 1 AND 2 SEMESTER 1 2025 | Fully Answered- Distinction guaranteed!
This is an ordinary written or typed assignment. Answering this question gives you practice in answering the type of problem- or discuss-type questions that you may expect in the examination. Your answer should not exceed one page. You may reference your sources as you wish, i.e. in- text, or in footnotes. A bibliography is not needed but remember to include your Honesty Declaration Form.
Question: 1
Sebo, Tiyani and Tshepo want to start a partnership with the aim of selling African cuisine. Sebo intends to contribute R15 000.00 on condition that should the partnership fail, Tiyani and Tshepo will reimburse her. Tiyani intends to contribute his expertise as a qualified chef. Tshepo intends to contribute the use of his cooking equipment. They come to you for advice on whether a partnership agreement will be valid based on what each of them wants to contribute. Advise them fully. (In your advice, define a partnership, deal with each contribution and conclude.)
Assignment 02
This is an ordinary written or typed assignment. Answering this question gives you practice in answering the type of case law discussion-type questions that you may expect in the examination. Your answer should not exceed one page. You may reference your sources as you wish, i.e. in- text, or in footnotes. A bibliography is not needed but remember to include your Honesty Declaration Form.
Question: 1
Pat and his two sons, Rick and Dave are discussing the legal attributes of a trust. Pat thinks that trusts have a separate legal existence. Rick is of the view that there is no distinction drawn between trust assets and private assets of the trustee even though a trustee is legally the owner of the trust assets. Dave on the other hand, holds the opinion that parties to a trust may lose more than what is held in the trust. They approach you for advice on the legal attributes of a trust. Advise them accordingly. (In your advice, define a trust, deal with each view as presented and then conclude).
Reviews
There are no reviews yet.