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Anup and Suresh are brothers who own a business called TecWiz. Anup wanted to take a break from business management, and he signed a Letter
Anup and Suresh are brothers who own a business calledTecWiz.Anup wanted to take a break from business management, and he signed a Letter of Understanding with his brother to take leave for six months, and during such time Suresh is to manage the business and pay $3000 per month to Anup. Anup decided to rent a fishing lodge in Queensland using his monthly stipend. After three months, Suresh stopped monthly payment to Anup.
Advise Anup whether the agreement is legally enforceable.(2 marks)
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