Pritchard v Mvubu and Others (6004/2023)
Pritchard v Mvubu and Others (6004/2023) [2024] ZAFSHC 50 (16 February 2024)
The court found that the applicant's acceptance of the first respondent's counter-offer was conditional, specifically requiring the purchase price to be held in trust pending transfer of the liquor license. This constituted a counter-offer and not an unconditional acceptance, meaning no binding agreement was concluded. The respondent's denial of consensus on essential terms, including payment of transfer costs, was supported by the evidence. Applying the Plascon-Evans rule, the court held that the respondent's version was not so far-fetched or untenable as to be rejected on the papers. A mate…
Source excerpt
- Contract Formation
- Sale Of Business Assets
- Motion Proceedings
- Material Dispute Of Fact