FBE2604
ASSIGNMENT 1 SEMESTER 2 2023
, FBE2604 Assignment 1 (COMPLETE ANSWERS) Semester 2 2023
Sello, Thabelo and David want to start a partnership with the aim of selling Solar
batteries.
Sello intends to contribute R25 000.00 on condition that should the partnership
fail, Thabelo and David will reimburse him.
Thabelo intends to contribute his expertise as an electrician. David intends to
contribute the use of his Hilux pickup truck.
They come to you for advice on whether a partnership agreement will be valid
based on what each of them wants to contribute.
Advise them fully.
(In your advice, define a partnership, deal with each contribution and conclude.)
ASSIGNMENT 1 SEMESTER 2 2023
, FBE2604 Assignment 1 (COMPLETE ANSWERS) Semester 2 2023
Sello, Thabelo and David want to start a partnership with the aim of selling Solar
batteries.
Sello intends to contribute R25 000.00 on condition that should the partnership
fail, Thabelo and David will reimburse him.
Thabelo intends to contribute his expertise as an electrician. David intends to
contribute the use of his Hilux pickup truck.
They come to you for advice on whether a partnership agreement will be valid
based on what each of them wants to contribute.
Advise them fully.
(In your advice, define a partnership, deal with each contribution and conclude.)
