问答题In relation to the law of contract, explain and distinguish between a ‘pledge’ and a ‘hypothecation’. (10 marks)

问答题Before going out of town for one week, Ayaz asked his friend Farhan to look after his designer clothing store during his absence. The next morning Farhan noticed that the store locks had been tampered with, so he had them replaced. In order to boost the sales of Ayaz’s store, Farhan offered to customers a 20% discount on all items in the store. Upon his return, Ayaz was unhappy with this situation and immediately removed the discount. Disappointed with Farhan’s handling of the store matters, Ayaz has approached you for advice. Required: Analyse the situation from the perspective of the law of agency and explain what rights and remedies Ayaz has against Farhan. (10 marks)

问答题(b) Thieves broke into Glitter Jewellers’ premises and stole jewellery worth R50,000. Glitter Jewellers offered to pay a reward of R5,000 to anyone who gave information to the police which would lead to the arrest of the thieves and the recovery of the stolen jewellery. Edward provided the necessary information but at the time of supplying the information, he was not aware of the offer of a reward. Required: Advise Edward. (5 marks)

问答题(b) as to the possible impact of the Unfair Contract Terms Act 1977 regarding any claim Abid might make against Bust Ltd in relation to his injuries. (3 marks)

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