The general principles around prescription are found in the Prescription Act 68 of 1969 (“the Act”) which governs the prescription of debt and promotes certainty in […]
What is prescription? As a general rule, prescription occurs when a debtor’s liability to pay a specific debt is extinguished as a result of the passing […]
Take scenario one, in which a purchaser pays the purchase price of a good in a one lump sum. In this case, they are entitled to take delivery of the goods, and ownership will be transferred from the […]
We use cookies to improve your experience on our website. By continuing to browse, you agree to our use of cookies
