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Adele is the trustee of a trading trust and enters into a contract with a services on behalf of the trust. The business of the

Adele is the trustee of a trading trust and enters into a contract with a services on behalf of the trust. The business of the trading trust is not financially sound and when the service is complete there are insufficient trust funds to pay the debt.

Giving reasons for your answer, explain who will be liable to pay the outstanding debt.

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