Please assist Danielle and Steve are married out of c of p with the application of the accrual system. Steve’s estate was sequestrated during August 2016. Kenneth was appointed as the trustee of Steve’s insolvent estate, by the Master of the High Court, Johannesburg. Danielle decides that she wants to sell her beach house, which is registered in her name, to Kathy. Danielle approaches you to advise her on the requirements to conclude a valid and enforceable contract of sale. She is specifically worried about her husband’s insolvent estate and the formalities she has to comply with. Explain whether Danielle needs Steve’s consent before selling the property.

Multiple choice D,E,F filed an action for annulment of contracts against X Bank. They claimed that X Bank induced them to avail of its credit facilities by offering low interest rates so they accepted X Bank’s proposal and signed the bank’s pre-printed promissory notes on various dates. They, however, were unaware that the documents contained identical escalation clauses granting X Bank authority to increase interest rates without their consent. X Bank, asserted that D,E,F knowingly accepted all the terms and conditions contained in the promissory notes. In fact, they continuously availed of and benefited from X Bank’s credit facilities for five years. After trial, the Regional Trial Court (RTC) upheld the validity of the promissory notes. The trial court, took judicial notice of the steep depreciation of the peso during the intervening period and declared the existence of extraordinary deflation. * A. There is no extraordinary deflation because despite the devaluation of the peso, the…

Discuss the contribution of Oskar Morgenstern (1902 - 1976) to capital market efficiency

You and your workmates have come together to form an investment group called Pamodzi Investments; requiring each member to make monthly deposits into a pool account. You are planning to use these funds to create a portfolio of investments in preparation for your retirements.Todate, the balance in the pool account amounts to K1.5 million and you are about to make your first investment. However, there is a challenge due to different preferences of which securities to invest in. Others prefer money market securities on the back of strong recent performance. Those preferring capital securities are citing the fact that these are long term and appropriate for retirement planning.As a way towards consensus, a colleague proposes to consider the Collective Investment schemes that are available on the market. He has heard that this is a better way of accessing diversification benefits for small investors.As an Investment Analyst in the group, you have been approached by your colleagues to advise…