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Athena, Billie and Carrie are partners in a Caf. When they began their partnership, they did not have any formal agreement. It was based on

Athena, Billie and Carrie are partners in a Caf. When they began their partnership, they did not have any formal agreement. It was based on mutual understanding and informal oral agreement between the three of them. Athena and Billie would like to admit Company XYZ into the partnership as a new partner. However Carrie was not informed. Therefore, since Carrie could no longer trust the other partners, she wants to dissolve the partnership. above, explain a) Whether this partnership is a separate legal entity. (10 marks) b) Whether formal and written partnership agreement is necessary. (10 marks) c) Whether they can admit company XYZ into the partnership as new partner. (10 marks) d) Whether the partnership can be dissolved since Carrie could no longer trust the other partners. (

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