Question
Caca is a sole proprietor in shoe making business. Eventually, she incorporated the business and set up a company, Zone Sdn Bhd. In order to
Caca is a sole proprietor in shoe making business. Eventually, she incorporated the business and set up a company, Zone Sdn Bhd. In order to expand the company, she borrowed money from Zizie a year after incorporation. The company then got into financial difficulties and was unable to pay the debts. Zizie plan to take legal action towards Caca to recover her money. However, Caca is denying liability.Advise Zizie on the likelihood to succeed in her legal action against Caca.
what is the issue, case, application, section and conclusion for this story. (30 marks)
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