Felix, Prue and Yuii have formed a business partnership. They own and manage a restaurant called Gourmet Table.

Felix, Prue and Yuii have formed a business partnership. They own and manage a restaurant called Gourmet Table. They hold a meeting and all decide to spend some money refurbishing the restaurant with new tables and chairs. Over the years, when they needed replacement furniture, they have dealt with a business called Best Restaurant Buys (BRB). Both Felix and Prue visit the shop, having all agreed on a maximum dollar amount to be spent on refurbishments. They choose a particular set of tables and chairs and order the required number. Following this purchase, Felix leaves town for his annual, month long holiday.
Meanwhile when Prue calls into Best Restaurant Buys the following day, she notices some chairs were upholstered in leather instead of the vinyl which she and Felix had chosen. Even though they cost more than five times the chosen chairs, taking the cost well over the agreed amount, Prue changes the order and purchases these for the restaurant, as shethinks they would give the restaurant a much more ‘up-market’ look. She does not informYuii and thinks she should not bother Felix on his holiday.
When Felix returns and he and Yuii see the amount owing for the new furniture, they are furious with Prue and claim that Prue had no authority to change the order and will have to pay the extra amount herself. Yuii adds that as he had nothing to do with the choice of chairs, he is not liable. With business being a bit slow, and with the other refurbishment costs, the partnership funds are too low to pay the extra amount.
Prue argues the furniture is for the partnership and, in any case, she now has no money. Prue and her husband Pete were in the process of separating and Prue reveals that Pete has taken all their money from their bank accounts. Best Restaurant Buys has threatened to sue all three if payment is not made immediately.
Using the Partnership Act 1891 (SA) and relevant cases, discuss the legal issues relevant to the partnership explaining who is liable for the debt.

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10