FBE2604 Assignment 1 Semester 1 | Due March 2025

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FBE2604 Assignment 1 Semester 1 | Due March 2025. Multiple answers provided.

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]