An Introduction to Commercial Law

An Introduction to Commercial Law introduces first-year students to the basic concepts of commercial law. The purpose of this title is to provide knowledge of commercial law legislation within the South African context, and to apply this knowledge to practical cases. The book begins by introducing students to the South African law and its sources. It then considers the basic principles relating to the laws of obligation and contract. Moreover, it discusses consensus in the context of the Consumer Protection Act 68 of 2008, contractual capacity as a requirement for a valid contract, the possibility of performance as a requirement for a valid contract, content of contract, breach of contract and the remedies available for breach thereof, as well as the procedures to be followed for the termination of contracts. Finally, it explores the various types of business structures available to the entrepreneur.