FBE2604 ASSIGNMENT 1 SEMESTER 1 2025

Description

Assignment 01
This is an ordinary written or typed assignment. Answering this question gives
you practice in answering the type of problem- or discuss-type questions that
you may expect in the examination. Your answer should not exceed one page.
You may reference your sources as you wish, i.e. in- text, or in footnotes. A
bibliography is not needed but remember to include your Honesty Declaration Form.
Question: 1
Sebo, Tiyani and Tshepo want to start a partnership with the aim of selling African
cuisine. Sebo intends to contribute R15 000.00 on condition that should the
partnership fail, Tiyani and Tshepo will reimburse her. Tiyani intends to contribute his
expertise as a qualified chef. Tshepo intends to contribute the use of his cooking
equipment. They come to you for advice on whether a partnership agreement will be
valid based on what each of them wants to contribute. Advise them fully. (In your
advice, define a partnership, deal with each contribution and conclude.)
TOTAL FOR ASSIGNMENT 01: [10]