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Description
MRL2601 Assignment 1 Solutions Semester 2 2022 (Due 24 August 2022).
Assignment 1
QUESTION 1
Petrus in his will bequeaths his farm to his two sons on condition that they farm in partnership. Lenta, an 82-year-old unmarried woman and Maxfed (Pty) Ltd conclude a partnership agreement. A few pharmacists conclude a partnership agreement with the aim of repackaging and selling stolen medication. Dobby, an eleven year old with assistance from his guardian concludes a partnership agreement with Playco CC with the aim of marketing and distributing toys. With reference to the facts provided above and the requirements for the conclusion of a partnership agreement, explain whether a valid partnership can come into existence in the respective scenarios. (Your answer should not exceed one (1) page) (5)
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