Problem on partnership dissolution and third party suit

Assignment Help Business Law and Ethics
Reference no: EM13824821

Problem:

Roland and his girlfriend Jenna agree to enter into a partnership to run a cafe business. Before the business is set up Jenna entered into a contract to buy a coffee making machine from Coffee Machines Pty Ltd (Coffee Machines). The machine was worth $12,000 but Jenna got it for $3,500 as part of a package under which Coffee Machines supplies coffee to the business for the first 12 months. Roland and Jenna have a disagreement about the contract with Coffee Machines. This leads to a breakdown of their relationship. As a result their partnership and their plans for the cafe business come to an end. Advise Bill, the managing director of Coffee Machines, about taking action against Roland and Jenna.

Additional Information:

The question belongs to Law and it discusses about a scenario where Ronald and Jenna want to start a cafe business. Jenna contacts a coffee company which gives Jenna a $12000 worth coffee machine for $3500. This causes a disagreement between Ronald and Jenna who eventually back out of the cafe business. The coffee company wants to take action against Ronald and Jenna has been discussed in the solution.

Total Word Limit: 480 Words

Reference no: EM13824821

Questions Cloud

Discuss critically the shortcomings and criticisms of ias 39 : Discuss critically the shortcomings and criticisms of IAS 39 (AASB 139) which have given rise to IFRS 9 (AASB 9). How will the application of IFRS 9 (AASB 9) impact on the accounting for financial instruments in financial reports
Question regarding the apparent authority : What is meant by the notion of 'apparent authority'?  How can the application of 'apparent authority' affect a company?
Forecasting for reducing randomness : Forecasting For Reducing Randomness
Compute bid price per unit for a manufacturing company : Zeneth TV has received an order for 2,000 specially designed DVD players. This problem belongs to Finance and it discusses about calculation of total cost per unit and bid price per unit for a manufacturing company
Problem on partnership dissolution and third party suit : The question belongs to Law and it discusses about a scenario where Ronald and Jenna want to start a cafe business. Jenna contacts a coffee company which gives Jenna a $12000 worth coffee machine for $3500.
Evaluate the key features of language : Define language and lexicon. Evaluate the key features of language. Describe the four levels of language structure and processing.
Report on implementing customer relationship management : Report On Implementing Customer Relationship Management By Rehabilitation Center
Calculate the compounded average growth rate : Analysis of a company's financial statements: Below are simplified versions of the balance sheet and income statement for Toys by Tom, Inc. Use this information to answer the question. Sales in 2003 were $10,000. Therefore, the compounded average g..
Marginal revenue that would be derived from the production : Firms that had virtual monopoles, that is control over at least 80% of industry production, because of control over an essential resource include all of the following except the - The marginal revenue that would be derived from the production of a ..

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Explain employment law- nlrb

Explain Employment Law- NLRB and what are the elements that an employee must meet to prove discrimination under the NLRA

  Ethical and social responsibility issues

Identify a global organization with a multinational presence. Identify and research a cultural issue that affects this organization's interactions outside the United States. Define the issue and provide an overview of how it became an issue in the or..

  How might the legal issues of the right to privacy

How might the legal issues of the right to privacy, the admissibility of evidence, the exclusionary rule, and the plan view doctrine affect law enforcement officers use of this new technology

  Who should judge the judges discuss the benefits of merit

who should judge the judges? discuss the benefits of merit selection of judges and also elections? what role should

  The minimum length of your job description must be 300

your supervisor has placed you in charge of hiring a new full-time administrative assistant for your department.prepare

  Explain social structure theory in criminology

Write 6 page research paper completed on the Social Structure Theory in criminology

  What techniques will be used to train officers in

you have been advised by the warden that the agency is going to seek national accreditation by the aca and that he has

  What is the correct complete citation for the halpern case

What is the correct, complete citation for the Halpern case? Summarize the relevant and material facts that are necessary to understand what the dispute and legal case was about

  Identify the various major global crimes criminal issues

identify the various major global crimes criminal issues on global impact.compare and contrast various international

  What specific regulatory compliance issues arise in this

newcorp employed paul as a senior maintenance technician which required him to work in confined spaces to repair

  The us supreme court has through the due process clause of

the u.s. supreme court has through the due process clause of the 14th amendment incorporated many of the protections

  The contract might be for a cell phone credit card

in this assignment you will research and study the elements in a binding contract.the assignment consists of two

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd