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Warranties in the South African law of insurance have been interpreted in accordance with principles of English insurance contracts and not as understood in the South African law of contract.
Auctions as a means of bringing buyers and sellers together have been around for centuries. So it was only a matter of time before exotic and collector vehicles entered this surge in demand.
Was it possible to foresee that a bystander not utilising a service or a product would seek redress under the Consumer Protection Act as a consumer of that product or service and would be eligible for compensation under the Act? Until recently, the answer to this question was ‘no’.
We all know the saying ‘buyer beware’, which means that the purchaser of a product or service assumes the risk that the product might be either defective or unsuitable for his or her needs.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?