Why Was the Plaintiff Unsuccessful in Obtaining Payment in Bojczuk

question 13

Multiple Choice

Why was the plaintiff unsuccessful in obtaining payment in Bojczuk v Gregorcewicz [1961] SASR 128?

• A)A loan is a commercial transaction.
• B)The loan was a benefit but not a necessary.
• C)The loan was a necessary.
• D)The defendant already had a good job.

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Definitions:

Grameen Bank

A microfinance organization and community development bank in Bangladesh that provides small loans to the impoverished without requiring collateral.

Bill Drayton

An American social entrepreneur known for popularizing the concept of "social entrepreneurship" and founding the organization Ashoka.

Social Problems

Issues that affect a large number of individuals within a society, often calling for public or government intervention.

Social Entrepreneurship

A form of entrepreneurship that focuses on innovating and implementing solutions to social, cultural, or environmental issues, prioritizing public benefit over profit.