FBE2604 Assignment 1 Semester 1 2023

FBE2604 ASSIGNMENT 1 SEMESTER % TRUSTED workings, explanations and solutions. For assistance call or us on 079 811 9845 . 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. Question: 1 Sam, Fred and Zingapi are partners in a partnership. They provide IT services to small businesses. During his spare time, Fred provides IT services to Snyman Enterprises Ltd, without Sam and Zingapi’s knowledge. They have found out about Fred’s extra job. 1.1 Advise Sam and Zingapi with reference to relevant authority whether Fred’s actions are acceptable for a partner in a partnership. (8) 1.2 Advise Zingapi on the way in which she would be able to lawfully retain any benefits that may be acquired by providing IT services to Snyman Enterprises LTD. (2) Question 2 Sam, Fred and Zingapi want to dissolve their partnership agreement as they cannot agree on certain terms. List 5 ways in which a partnership may be dissolved or terminated. (5) TOTAL FOR ASSIGNMENT 01: [15]