Description
FBE2604 Assignment 1 Semester 2 MEMO | Due August 2026. All questions fully answered. Lerato argues that:
•
Aisha had no authority to conclude the contract because she was excluded frommanagement.
•
Office World should claim only one-third of the debt from each partner.
•
As the partnership has been dissolved, she is no longer liable for its debts.
Advise Lerato on the following aspects:
1.1
Whether a valid partnership existed. (4)
1.2
The liability of the partners for partnership debts while the partnership existed.












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