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Assessment 3 : Answer the following question: Breezie Beverages manufactures and sells an array of bottled, ready - to - drink alcoholic beverages. The company
Assessment : Answer the following question:
Breezie Beverages manufactures and sells an array of bottled, readytodrink alcoholic
beverages. The company is facing intense competition from other companies in the same business. Because of this, Breezie Beverages decided to explore other opportunities in the alcoholic beverage sector. BettyLue, the managing director of Breezie Beverages, negotiates with DrinksforFun Ltd on behalf of Breezie Beverages to acquire the exclusive rights to manufacture and sell "Candy Fantasia", a wellknown readytodrink alcoholic beverage. However, Breezie Beverages has difficulty raising the capital required to conclude the contract. BettyLue tells his friend Bongalina, who is involved in a similar business, about his negotiations with Drinksfor Fun Ltd and Breezie Beverages' problem. Bongalina then manages to acquire the executive rights to manufacture and sell Candy Fantasia": One month later, BettyLue resigns as managing director of Breezie Beverages and joins Bongalina as a partner in their new business.
Advise Breezie Beverages whether BettyLue has breached any duties. Also, discuss the possible liability of BettyLue if applicable Refer to relevant principles and legislation, in your answer.
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