QUESTION 1
Choose a correct answer from the options given in each of the following statements. Only
write down the letter with a correct answer for each statement. Use BLOCKCAPITALLETTERS.
1.1 Which one of the following requirements for a valid acceptance is incorrect?
A. Acceptance must be unconditional and equivocal
B. Must be in response to an offer
C. Acceptance need not be made by the person to whom the offer is made.
D. Acceptance must be communicated to the offeror in the manner prescribed,
within the time stipulated and at the place prescribed by the offeror
E. Acceptance must be made while the offer still exists, i.e. before the offer lapses.
1.2 Which factor will make the contract voidable?
A. Mistake regarding the nature of the transaction
B. Mistake regarding the motive for the conclusion of the contract
C. Mistake regarding the identity of the person
D. Mistake regarding performance
E. Misrepresentation
1.3 The following are clauses from a contract. Indicate which one of the clauses is a penalty
clause:
A. "The parties hereto consent that there shall be no variation of the terms or
conditions of the contract unless such variation is reduced to writing and signed
by both parties".
B. "Should the supplier fail to supply the goods on the dates as indicated in
Annexure A, the supplier shall be liable for the payment of N$ 500.00 (Five
Hundred Namibia Dollars) for each day of non-delivery".
C. "The lessor shall be entitled to cancel the contract in the event of the lessee's
failure to pay the rental due as stipulated in this Agreement".
D. "The purchaser guarantees that the motor vehicle is a 1990 model."
E. None of the above
1.4 "Progressive discipline" means that:
A. An employee may not be dismissed without substantive and procedural fairness
B. An employee may not be dismissed without a hearing
C. Discipline should be corrective, not punitive
D. You should always give an employee a written warning before he/she may be
dismissed
E. All ofthese answers
QUESTION 1 continues on the next page
2 ,,