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Flashcards

CONTRACT LAW

remy.richman Inglês 77 flashcards

CONTRACT LAW

Flashcards do conjunto (77)

  1. 1Corpus Iuris Civilis comprised four parts:Codex
    Digesta
    Institutes
    Novellae
  2. 2What is Codex?A collection of Imperial LegislationWhat is Codex?
  3. 3What is Digesta?codification of works of prominent Roman jurists (legal scholars)What is Digesta?
  4. 4What is Institutes?text book for law studentsWhat is Institutes?
  5. 5What is Novellae?New legislation passed by Justinian after the formation of the codexWhat is Novellae?
  6. 6The Roman law, when applied together with the law of the Netherlands, formed theRoman-Dutch Law.
  7. 7Roman-Dutch law, influenced by principles of English law, is referred to as theCommon Law.
  8. 8South African Law consists of.....The Constitution, legislation, the common law, and indigenous customary law
  9. 9Nature of lawrules community must adhere to – they regulate society. “A body of rules governing human conduct that is recognised as binding by the State and which the State will, if necessary, enforce.”
  10. 10Major purposes of lawensure order and justice in society.
  11. 11Law can becoercive or regulatory
    Non-compliance attracts sanction by the State.
    Law is different from mere behavioural or religious rules. SA is a secular democratic State.
    No sanction (punishment) from the State for violation of religious or moral standards.
  12. 12Legal subjectLegal subject can be a natural person or a juristic person.
  13. 134 types of rightsReal rights
    Personal rights
    Intellectual Property rights
    Personality rights
  14. 14Fundamental rights(Human Rights) Chapter 2 (Bill of Rights). Binds Legislature, executive & judiciary (sec. 8(1)); also binds natural or juristic persons in certain circumstances (section 8(2)). Rights include privacy, speech & access to information; education, housing, health, etc.
  15. 15An entrenched customary practice treated as law in a particular community.Requirements
    Reasonable
    Long existence
    Accepted & Complied with by the community (society) to which it applies
    Clear & Certain
  16. 16Legislative authoritiesParliament (Section 44),
    Provincial Legislatures (Section 104),
    Municipal Councils (Section 156)
    , other subordinate legislative bodies
  17. 17Areas of exclusive provincial competence:e.g. ambulance services; provincial sport, veterinary services, billboards & display of advertisements in public places.
    Legislation that falls outside the competence of the provincial legislature is can be challenged in the High Court and invalidated.
  18. 18Types of courtsHigher Courts
    Constitutional Court – Has jurisdiction in constitutional matters or decisions related to constitutional matters. Highest Court on constitutional matters
    Supreme Court of Appeal- Appellate jurisdiction only. Highest Court on all matters except constitutional matters.
    High Courts – (See list of names & Geographical locations in Text Book – para. 1.34)- Jurisdiction – both civil & criminal; original as well as appellate.
    Lower Courts
    Civil jurisdiction
    – District Magistrate Court: R100,000
    – Regional Magistrate Court: R300,000. Parties may consent otherwise
    No jurisdiction regarding status of a person except specifically provided otherwise by statute.
    District Magistrate courts: criminal Jurisdiction excludes murder, high treason & rape
    Can impose a fine of up to R60,000
    Can impose a prison term of up to 3 yrs.
    Regional Magistrate courts: criminal jurisdiction- only high treason excluded. Can impose fine of up to R300,000.
    Small Claims Court
    Claims up to R12,000. No Criminal jurisdiction. Presided by “Commissioner”.
  19. 19Doctrine of Precedent (Stare decisis)Judicial precedent means the process whereby judges follow principles from previously decided cases where the facts are similar.
    Decisions of superior courts – absolutely binding
    Decisions of same court/court with equal jurisdiction – qualifiedly binding – may be departed from if wrong.
  20. 20A legal obligation is a legal tie (or legal relationship) between two people. One party has a duty to give performanceAnother party has a corresponding right to receive performance.
  21. 21The party who has a duty to deliver performance is called aa debtor.
  22. 22The party who has a right to receive performance is calleda creditor.
  23. 23Some legal obligations are recognized and enforced by lawThese are called civil obligations.
  24. 24Others are recognized but not enforced by the law.These are called natural obligations. A good example is a Wager.
  25. 25Legal obligations can arise out ofdelict, contracts , or otherwise imposed by law.
  26. 26delict?a violation of the law;
  27. 27A Delict creates an obligation on the wrongdoer towards the victim, in terms of which the wrongdoer has the duty topay compensation to the victim, and the victim has the right to receive compensation from the wrongdoer.
    A legal obligation arising out of delict does not depend on consent or agreement of the parties. It is automatically imposed by law.
  28. 28The following elements must be present for a delict to give rise to a legal obligation:An act (or omission)
    Unlawfulness (of the conduct)
    Fault (intent or negligence)
    Causation
    Damage.
  29. 29A contract is an agreement made with...the serious intention of creating legal relations that creates rights and duties between the parties and is enforceable by law.
  30. 30Requirements for a contract.Consensus
    Intention to create legal relations
    Capacity
    Legality
    Physical possibility
    Formalities (where applicable)
  31. 31Transfer of rightsCession:
    Cession is where one party (the cedent) transfers his/her personal rights to another (the cessionary).
    There must be a contract of cession between the cedent (grantor) and the cessionary
  32. 32can only give what you have?Nemo plus iuris
  33. 33Transfer of Duties ?Delegation
    Delegation refers to the transfer of the debtor’s duties to another person
    Creditor’s consent required.
    Tripartite agreement.
  34. 34Transfer of Rights and DutiesAssignment
    Assignment happens where cession and delegation occur simultaneously (at the same time).
  35. 35ConsensusMeans that the parties have a corresponding will or intention in the creation of legal obligations.
  36. 363 Categories of ConsensusTrue consensus
    Assumed consensus
    Consensus by operation of law
  37. 37Consensus & Formation of Contractsoffer from one party, and acceptance by another.
  38. 38Where a contract is voidit means it was invalid right from the beginning. This means that there was a defect in the process of forming the contract that was so severe that the contract never came into existence.
  39. 39Contract is voidableif the innocent party has the option to choose whether to treat is as valid and continue, or to treat it as at an end (terminated). The process of forming the contract has a defect (flaw) but not so severe.
  40. 40More than one party canmake an offer or accept an offer.
  41. 41Simple joint liability or entitlementParties equally liable or entitled
    Performance must be divisible.
    Applies by operation of law unless parties agree otherwise.
  42. 42Joint & Several Liability and entitlementPerformance has to be divisible
  43. 43Common liability or entitlementPerformance not divisible
    Joint and several liability not prescribed by law or the parties
    Parties jointly liable in common (together) for delivery of full performance.
    Creditors equally entitled in common (no divided portions)
  44. 44Vicarious liabilityIf the CPA is applicable, an employer/principal is
    jointly and severally liable for anything done by
    his/her employee in the course of employment,
    excluding criminal liability.
  45. 45Terms that make up a contractEssentialia
    Incidentalia
    Conditions
    Terms
    Assumptions
    Guarantee
    Modal Clauses
  46. 46EssentialiaParties enter into a specific contract
    Eg: sale, lease
    Reach consensus regarding minimum characteristics of the specific contract.
    Eg: Sale Contract
    Nature of the contract, to buy or sell
    Thing to be sold
    Price
  47. 47IncidentaliaAgreed between parties for their own purposes and to fulfil their own need
  48. 48ConditionsStipulations or provisions of the contract
    2 types:
    Suspensive Condition
    Resolutive Condition
  49. 49TermsEnforcement of continued existence of the contract is made subject to the occurrence of a specified certain future event.
    2 types:
    Suspensive Term
    Resolutive Term
  50. 50AssumptionsBoth parties assume that a certain fact exists and forms part of the contract
  51. 51GuaranteeContractual undertaking as regards to he absence or presence of a legal fact
    No fault is required
  52. 52Modal ClausesContractual stipulation in terms of which one party places a duty upon the other to deliver a specific performance.
  53. 53Essentiiallia of contract of InsuranceThe insurer will compensate the insured for his loss.
    The insured will pay a premium.
    The insurers obligation is dependant on the occurrence of a uncertain event
  54. 54Parties to insurance contractAt least two parties are required for a valid insurance contract.
    Insurer and the insured.
    There can be more than one insurer and insured.
    Insurer
  55. 55InsurerUsually a company or an institution that offers insurance for the acquisition of gain.
    Mutual insurance, where insurance is offered without profit for the insurer, is also found in practice.
  56. 56InsuredAny person, natural or juristic person may, in principal, take out insurance.
    The insured is the person who may claim from the insurer, and is the first holder on the policy.
    Where the contract is concluded for the benefit of a third party it is called a “beneficiary
  57. 57Subrogration?Where damaged is caused by a third party, the insured has a choice to either claim from his insurer, or from the third party on the grounds of delict.
    The insured may not claim more than his actual damage.
    The insured cannot claim the full amount of damages from both parties.
  58. 58Requirements for SubrogrationThere must be a valid insurance contract
    The insurer must have indemnified the insured
    The insured’s loss must have been fully compensated
    The right must be susceptible to subrogation
  59. 59Duty to DiscloseGood faith is general not a requirement for the conclusion of a valid insurance contract.
    Because of he prospective insured’s intimate knowledge of all facts regarding the risk that he wants to transfer to the insurer, a legal duty requires him to disclose all relevant material information within his actual knowledge, to the insurer.
    This enables the insurer to decide whether he is prepared to accept the transfer of risk from the insured and to reach consensus with the insured
  60. 60Amount recoverable= insured amount / x damage
    actual value
  61. 61Indemnity Insurance The amount of damages claimed is directly proportional to the patrimonial loss/damage suffered, or the amount of the insurance or the amount of the insurance where it is less than the loss suffered.The amount of damages claimed is directly proportional to the patrimonial loss/damage suffered, or the amount of the insurance or the amount of the insurance where it is less than the loss suffered.
  62. 62Non-Indemnity (capital) InsuranceThe loss suffered and the amount paid by the insurer are not necessarily proportionate.
    The nature of the interest insured is non-patrimonial, for example, the unlimited interest a person has in his own life, health of body and mind, or the emotional interest of the life of a spouse or child.
  63. 635 Short Term PoliciesMotor Policy
    Transportation Policy
    Accident & Health Policy
    Property Policy
    Liability Policy
  64. 645 Long Term PoliciesLonger than a year:
    Assistance
    Disability
    Fund
    Health
    Life
  65. 65Bill of ExchangeUnconditional order in writing
    Addressed one person to another
    signed by person giving it
    pay on demand or determinable future
    some of money to specific person /order/ bearer
  66. 66ChequeBill drawn on a bank and payable on demand
  67. 67Promissory noteUnconditional promise from one person to another, signed by maker, engaging to pay on demand or at fixed or determinable future to specific person or to his order or bearer
  68. 68DrawerGives instruction (gives written order)
  69. 69DraweePerson who order is addressed.
    With a cheque it is always the bank"
  70. 70PayeeIf not for bearer, the payee must be named or indicated
  71. 715 requirements for validity of bill/cheque (same as definition)An order or promise
    Unconditional
    in writing
    addressed on person to another
    must be signed
  72. 72Delict ElementsAct / Ommision
    Unlawful
    Fault
    Causation
    Damage
  73. 73Requirements of contractConsensus
    Capacity
    Legality
    Physical Possibility
    Formalities
  74. 74Illegal contractsContracts contrary to
    Statuatory
    Common Law
    Good morals
    Public interest
    Gambling
    Wager
  75. 753 types of misrepresentationsFraudalent (false statement, knowingly)
    Negligent(false statement, no due care)
    Innocent
  76. 764 Forms of breach of contractMora Debotoris
    Mora Creditoris
    Positive Malperformance
    Repudiation
    Performance rendered Impossible
  77. 77—

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SOUTH AFRICAN CONTRACT LAW
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remy.richman
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