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(1)MR and Mrs monama married the subject to the accrual system in 2010 and got divorced last week. When they married , Mr Monama had a study debt of R10 000 and no assets, While Mrs had cash savings of R10 000 and no debts. Mrs Monama cash savings were declared in the spouse antenuptial contract. Suppose that according to the waited average of the consumer price index , money was worth twice as much at the commencement of the marriage as at its dissolution.

question says :
(a)What amount must be used as the commencement value of Mrs Monama 's estate at the time of the divorce? Briefly explain your answer
(b)What amount must be used as the commencement value of Mrs Monama's estate at the time of the divorce? Briefly explain your answer.

(2)Fill in the missing words in the sentence below

the matrimonial property system which provides that the spouses are married and out of community of profit and loss with the exclusion of the accrual systems is called...............

Moses enters into a contract of sale with Xolile to buy a new truck from him (Xolile) one month after Simon’s death. Describe the legality of the contractual relationship between Moses and Xolile.


X leads Y to believe that he can by magic double the no. of currency notes. Y gives currency notes worth Rs10000 to X who puts them in a black tin box. X then gives the box to Y with instruction to open it after an hour. After X has gone away, Y opened the box only to find it full of waste pieces. What offence, if any, has been committed by X?


Findings of the National National Director of Public Prosecutions v botha


Do you think students should own credit card?


  • Which of the following statements is not true for Accounting Standards and statements?
  •  A. The objective of creating accounting standards for any particular issue, is to limit the variety of available accounting practices, but without striving for strict uniformity or creating a set of rigid rules for all circumstances.
  •  B. The International Financial Reporting Standards (IFRS) and the International Accounting Standards (IAS) are issued by the South African Institute of Chartered Accountants (SAICA).
  •  C. The International Financial Reporting Standards (IFRS) and the International Accounting Standards (IAS) are prepared by the International Accounting Standards Board.
  •  D. In America, the Financial Reporting Standards Council (FRSC) plays an important role in the development of IFRS.

Mr and Mrs Sisulu entered into a civil marriage subject to the accrual system ten years ago. Mrs Sisulu resigned from her job as a teacher after the Sisulus’ only child, Lerato, was born. Lerato lives with severe physical and mental disabilities and requires constant care, which Mrs Sisulu provides to her. Lerato is eight years old now. The Sisulus live in a house Mr Sisulu inherited from his father. The house has been extensively adapted to accommodate Lerato’s needs. Two weeks ago, Mr Sisulu discovered that Mrs Sisulu has been having an affair with the father of one of Lerato’s school friends. Mr Sisulu has instructed Mrs Sisulu to move out of the matrimonial home with immediate effect. Fully advise Mrs Sisulu whether Mr Sisulu may eject her from the house.


Which official administered justice in a case between Flavius, a Roman merchant v Nikolaus a Greek Potter?


Discuss the requirement set by the LRA that the harm caused by a secondary strike must 

not be more than what is required to make an impact on the primary employer


Discuss the role and effect of collective agreements in an employment relationship, with reference to Le Roux PAK ‘The role and enforcement of collective agreements’ CLL 15(6), January (2006). (10)

 


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