What contract is concluded between jeanne and pierre

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Reference no: EM133479266

Problem

Jeanne and Pierre have just obtained their chartered professional accountant diploma. They want to do their accounting business together. For this, Pierre offers to give $10,000 to the new company so that it can buy equipment. Jeanne, for her part, has nothing to offer for this new company, apart from her talent as an accountant, in particular her specialization in corporate taxation. Despite this, Jeanne and Pierre agree verbally to create their business.

Task

Question I. What contract is concluded between Jeanne and Pierre? Justify your answer on the basis of the relevant article(s) of law, explaining their link with case.

Question II. Is it true that Jeanne has nothing to contribute since she seems to have knowledge of corporate taxation? Justify your answer on the basis of the relevant article(s) of law, explaining their connection with the case.

Reference no: EM133479266

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