The crux of a repudiation is demonstrating an intention not to be bound by the contract. Exercising a right to justifiably withhold goods or services is not a repudiation, indeed it is the exact opposite of a repudiation, as it is an enforcement of rights under the contract.
In South Africa, security over financial instruments is typically established through a pledge, cession in security, or a combination of...
Directors often delegate certain functions and tasks to company employees or rely on the advice of experts. However, under South African...
In South Africa, banking and finance transactions often involve suretyships and guarantees. A guarantor's obligation depends on what the...