Description

CLA2601 Assignment 1 Semester 1 | Due 7 April 2025. All questions answered. Question 1
Zane, Bongi, Muthu and Sophy are friends who decide to form a partnership to purchase
and sell new and secondhand mobile phones. Sophy and Bongi will provide the capital to
purchase the initial stock for the partnership. Zane will be responsible for the repair of
mobile phones and Muthu will be responsible for the day-to-day activities regarding the
sales, administration and marketing of the mobile phone business. The parties agree that
the profit derived from the partnership will be divided equally between Bongi, Sophy and
Zane, and that Muthu will receive a monthly salary for his services. Discuss and explain
whether the above terms constitute a valid partnership agreement. Refer to relevant case
law in your answer.
10 marks
Question 2
Explain the formalities and requirements that partners who wish to enter into a partnership
agreement must adhere to in order to conclude a valid partnership agreement. Refer to
relevant case law where applicable.
5 marks
TOTAL: 15 marks

1 review for CLA2601 ASSIGNMENT 1 SEMESTER 1 2025 – FULLY ANSWERED

  1. Lynelle

    Good

Only logged in customers who have purchased this product may leave a review.

Description

CLA2601 Assignment 1 Semester 1 | Due 7 April 2025. All questions answered. Question 1
Zane, Bongi, Muthu and Sophy are friends who decide to form a partnership to purchase
and sell new and secondhand mobile phones. Sophy and Bongi will provide the capital to
purchase the initial stock for the partnership. Zane will be responsible for the repair of
mobile phones and Muthu will be responsible for the day-to-day activities regarding the
sales, administration and marketing of the mobile phone business. The parties agree that
the profit derived from the partnership will be divided equally between Bongi, Sophy and
Zane, and that Muthu will receive a monthly salary for his services. Discuss and explain
whether the above terms constitute a valid partnership agreement. Refer to relevant case
law in your answer.
10 marks
Question 2
Explain the formalities and requirements that partners who wish to enter into a partnership
agreement must adhere to in order to conclude a valid partnership agreement. Refer to
relevant case law where applicable.
5 marks
TOTAL: 15 marks

1 review for CLA2601 ASSIGNMENT 1 SEMESTER 1 2025 – FULLY ANSWERED

  1. Lynelle

    Good

Only logged in customers who have purchased this product may leave a review.

5.00Based on 1 review
(1)
(0)
(0)
(0)
(0)
35
    35
    Your Shopping Cart
    ENG2601 Assignment 3 Memo | Due 4 August 2025
    ENG2601 Assignment 3 Memo | Due 4 August 2025
    Seller:

    Aimark94

    Price: R50.00
    R50.00
    IRM1501 MAY/JUNE EXAM 2025 - FULLY ANSWERED (DUE 16 - 27 MAY 2025)
    R100.00
    AIN3701 Assignment 2 Memo | Due 13 June 2025
    AIN3701 Assignment 2 Memo | Due 13 June 2025
    Seller:

    Aimark94

    Price: R100.00
    R100.00
    PES3701 Assignment 3 Memo | Due 14 July 2025
    PES3701 Assignment 3 Memo | Due 14 July 2025
    Seller:

    Aimark94

    Price: R100.00
    R100.00
    HED4804 ASSIGNMENT 2 2025 - 2 ESSAYS PROVIDED (DUE JUNE 2025)
    HED4804 ASSIGNMENT 2 2025 - 2 ESSAYS PROVIDED (DUE JUNE 2025)
    Seller:

    The Smart Slacker

    Price: R100.00
    R100.00
    TMN3701 Latest Exam Pack 2024
    TMN3701 Latest Exam Pack 2024
    Seller:

    Aimark94

    Price: R80.00
    R80.00
    HED4807 ASSIGNMENT 1 2025 - FULLY ANSWERED (DUE 7 MAY 2025)
    HED4807 ASSIGNMENT 1 2025 - FULLY ANSWERED (DUE 7 MAY 2025)
    Seller:

    The Smart Slacker

    Price: R100.00
    R100.00
    BWE1501 Assignment 1
    R50.00
    MNO3705 Assignment 3 Semester 2 2024 | Due September 2024
    R50.00
    CMY3701 ASSIGNMENT 1 SEMESTER 2 2025 - FULLY ANSWERED (DUE 18 AUGUST 2025)
    R100.00
    ECS3703 ASSIGNMENT 2 SEMESTER 1 2025 - FULLY ANSWERED
    ECS3703 ASSIGNMENT 2 SEMESTER 1 2025 - FULLY ANSWERED
    Seller:

    The Smart Slacker

    Price: R100.00
    R100.00
    PVL3704 Assignment 1 Semester 2 2024 | Due 15 August 2024
    R80.00
    MNE2601 Assignment 4 Semester 2 2024 | Due 26 October 2024
    R80.00
    COM2604 Assignment 1 Semester 2 2024 | Due 21 August 2024
    R80.00
    CSP4801 Assignment 6 2024 | Due 22 October 2024
    CSP4801 Assignment 6 2024 | Due 22 October 2024
    Seller:

    Aimark94

    Price: R80.00
    R80.00
    MNO3706 ASSIGNMENT 1 SEMESTER 2 2025 - FULLY ANSWERED (DUE 15 AUGUST 2025)
    R100.00
    MRL3701 Assignment 2 Semester 1 Memo | Due 13 May 2025
    R100.00
    ECS1501-Exams (2015-2021) [2022]
    ECS1501-Exams (2015-2021) [2022]
    Seller:

    Aimark94

    Price: R100.00
    R100.00
    DPR1503 Assignment 3 Semester 1 Memo | Due 25 April 2025
    R100.00
    COS3701 ASSIGNMENT 2 2025 - FULLY ANSWERED (DUE JULY 2025)
    COS3701 ASSIGNMENT 2 2025 - FULLY ANSWERED (DUE JULY 2025)
    Seller:

    The Smart Slacker

    Price: R60.00
    R60.00
    ENG2601 Assignment 3 2024 | Due 5 August 2024
    ENG2601 Assignment 3 2024 | Due 5 August 2024
    Seller:

    Aimark94

    Price: R100.00
    R100.00
    IRM1501 Assignment 1 & 2 2024
    IRM1501 Assignment 1 & 2 2024
    Seller:

    Aimark94

    Price: R60.00
    R60.00
    CUS3701 Assignment 3 Memo | Due 4 August 2025
    CUS3701 Assignment 3 Memo | Due 4 August 2025
    Seller:

    Aimark94

    Price: R100.00
    R100.00
    MNM2604 Assignment 3 Semester 1 Memo
    MNM2604 ASSIGNMENT 3 SEMESTER 1 2025 - FULLY ANSWERED
    Seller:

    The Smart Slacker

    Price: R100.00
    R100.00
    IOS2601 Assignment 1 Semester 2 Memo | Due August 2025
    R100.00
    SEP1501 ASSIGNMENT 2 SEMESTER 1 2025 - FULLY ANSWERED
    SEP1501 ASSIGNMENT 2 SEMESTER 1 2025 - FULLY ANSWERED
    Seller:

    The Smart Slacker

    Price: R60.00
    R60.00
    TAM2601 Latest Exam Pack 2024
    TAM2601 Latest Exam Pack 2024
    Seller:

    Aimark94

    Price: R80.00
    R80.00
    LCR4805 ASSIGNMENT 1 SEMESTER 1 2025 - FULLY ANSWERED
    LCR4805 ASSIGNMENT 1 SEMESTER 1 2025 - FULLY ANSWERED
    Seller:

    The Smart Slacker

    Price: R100.00
    R100.00
    PYC4812 Assignment 2 2024 | Due 12 August 2024
    PYC4812 Assignment 2 2024 | Due 12 August 2024
    Seller:

    Aimark94

    Price: R100.00
    R100.00
    SUS1501 Assignment 7 Semester 2 Memo | Due 30 September 2025
    R100.00
    ESC3701 ASSIGNMENT 4 2025 - FULLY ANSWERED (DUE 30 JULY 2025)
    ESC3701 ASSIGNMENT 4 2025 - FULLY ANSWERED (DUE 30 JULY 2025)
    Seller:

    The Smart Slacker

    Price: R100.00
    R100.00