Tag: contracts

Article courtesy of Law Dot News | Contracts - Verbal Agreements The Verbal Agreement That Cost R1 Million “My word is my bond.” (Once the motto of 16th-century merchants, adopted by ’90s hip-hop artists, and now tossed around by duelling politicians) Many people are unaware that there are just a few types of agreement that are valid only if recordedRead more

Article courtesy of Law Dot News | Employment & Labour Law - Fixed Term Contracts Fixed Term Contracts: A Guide for Employers and Employees It’s vital for both employers and employees to understand the practical and legal differences between permanent and fixed term employment arrangements. What is a fixed term contract? A fixed term contract is a temporary employment arrangementRead more

Article courtesy of Law Dot News | Contracts | Property | Trusts Contracting with Trusts – Is a Majority Decision Valid? “Externally, trustees cannot disagree. In the external sphere the Trust functions by virtue of its resolutions, which have to be supported by the full complement of the Trust body.” (Extract from judgment below) A recent Supreme Court of AppealRead more

Article courtesy of Law Dot News | Contracts Can Your 👍Thumbs-Up Emoji or E-Signature Seal a Deal? “…data messages or electronic signatures are now recognised in our law as equivalent to a proper basis upon which a written contract can be concluded. Thus, a valid written contract can be concluded electronically.” (Extract from the South African judgment below) ECTA (the

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Article courtesy of Law Dot News | Contracts - Verbal Agreements Verbal Agreements – Not Much Good, But Lots of Bad and Ugly “The Good, The Bad, and The Ugly” (Spaghetti Western, 1966) A common myth – one that can get you into a whole lot of trouble if you aren’t alive to it - is that verbal contracts areRead more