Identify the type of contractual clauses in the following scenarios. Tshepo pays for his sister’s university fees, however if she fails any modules he will no longer pay for her fees. Anisha allows Alex to use her car for a period of two months, after which he must return it to her. If Thulani passes all of his modules this semester, his brother will pay for his university fees from next semester. Samantha concludes a contract with Jenna in terms of which Samantha will purchase Jenna’s house upon her death.   5. The owner of the land and the builder agree that the construction work must be complete by a certain date and if it is not complete, then the builder must pay the owner a certain amount of money per day that he is over the deadline.

Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Identify the type of contractual clauses in the following scenarios.

  1. Tshepo pays for his sister’s university fees, however if she fails any modules he will no longer pay for her fees.

  2. Anisha allows Alex to use her car for a period of two months, after which he must return it to her.

  3. If Thulani passes all of his modules this semester, his brother will pay for his university fees from next semester.

  4. Samantha concludes a contract with Jenna in terms of which Samantha will purchase Jenna’s house upon her death.

     

5.

The owner of the land and the builder agree that the construction work must be complete by a certain date and if it is not complete, then the builder must pay the owner a certain amount of money per day that he is over the deadline.

 

 

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