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Answer problem question following the ILAC method of answering legal problem questions. Advise the parties whether a partnership exist between them in the following situations:

Answer problem question following the ILAC method of answering legal problem questions.

Advise the parties whether a partnership exist between them in the following situations:

Joanna and Faye planned to start a conveyancing business together. Joanna secured a premises to set up the business and purchased necessary office furniture from IKEA. Faye mobilised her referral network to generate work and started to receive a number of queries. Unfortunately, before the official commencement of the business, Joanna was declared bankrupt and dropped the plan of doing business with Faye. Creditors wanted to pursue their claims against Faye for all the debts Joanna incurred for the business. (2.5 marks)

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