Business Transactions Law

Product Details:
Author(s):
Sharrock, R
Year Published:
2017
Edition
9th Edition
Type:
Print | Soft Cover
Language:
English
About this publication
Business Transactions Law, now in its ninth edition, addresses fundamental questions about business transactions: When is a transaction recognised as binding at law? If a transaction is binding, what is its legal effect? Are there any circumstances in which a party is excused from carrying out his side of a transaction? What legal redress does a party have if his opposite number fails without excuse to do what he has promised in terms of the transaction? Apart from this redress, are there any other legal means available to a party to ensure that he receives what he has been promised by the other party? Finally, what is the position if a party, due to financial difficulties, is unable to carry out or complete his side of the transaction?
The objective, as with previous editions, is to meet the needs of students and others taking their first steps in the complex field of business transactions law. The aim is also to cover a significant part of the syllabus recommended by the South African Institute of Chartered Accountants.
New legislation and case law are included in the ninth edition. The chapters on Interpretation and Credit Agreements have been re-written and other chapters have been revised wherever necessary to reflect legislative changes or developments in the case law.
The ninth edition of Business Transactions Law has approximately 200 new case summaries.
Key Benefits
This book is suitable for use by law, commerce and accounting students.  The style of writing is intended to make the book more user-friendly: there are no footnotes, and case studies are included in the text.
The introduction covers the subject areas thoroughly, which means that the book can be used by non-law students: basic legal concepts; the judicial system; sources of law; and main divisions of the law.
Content
Table of Cases 
Part One: Introduction 
Part Two: Formation of the contract 
Contractual capacity
Agreement 
Intention to create obligations
Certainty, lawfulness and possibility of performance
Formalities 
Voidable contracts 
Agency 
Part Three: Effect of the contract (general) 
Contents of the contract 
Interpretation of written contracts 
Co-parties 
Performance 
Miscellaneous provisions 
Cession, variation and consensual termination 
Part Four: Effect of the contract (miscellaneous contracts) 
Contracts relating to offers 
Sale 
Lease 
Loan for consumption 
Service contract 
Carriage and storage 
Insurance 
Employment 
Partnership
Cheques and the bank-customer contract 
Consumer agreements 
Credit agreements 
Part Five: Non-performance of the contract 
Excuses for non-performance 
Remedies for breach 
Arbitration
Part Six: Security
Part Seven: Insolvency
Sequestration and its immediate consequences
The collection and distribution of the estate assets 
Rehabilitation
Appendices
Electronic transactions 
An outline of certain aspects of the law of property
The Employment Equity Act, 1998: Affirmative Action
Interest / Benefit to
Students and lecturers (law, commerce and accounting)
Legal advisers
Legal practitioners
Financial managers
Libraries