BUSINESS LAW

Question 20 point askaran and Sandeep were in business school together, and after they graduated they decided to open an ice cream store in a mall. They had skipped the classes in which they were taught about different methods and forms of carrying on business and so gave no thought to how they would structure their relationship. Which of the following is true with respect to the legal positions of askaran and Sandeep? b If a customer were injured because of poorly kept food and Sandeep did not have the assets to pay his half Jaskaran would only have to pay his half of the damages suffered y Sandeep were to find a preat deal on anchovy ice cream and purchase 2000 litres of it, only Sandeep would be liable for the debt incurred as a result of the purchase i Sandeep opens another ice cream store in another mall in a nearby city without teling saskaran, Jaskaran would be Kable for any losses Sandeep suffered along with Sandeepl. Sandeep and Jaskaran are not in a partnership since they have not specifically agreed to be Sandeep opens another ice cream store in another mall in a nearby city without teling Jaskaran, he must share any profits he makes with Jaskaran d