(ii) Kelly found out that in June, Shoemart delivered shoes worth $10,000 to Metro Stores with payment to be made in August. Unfortunately, Metro went into liquidation in July. Upon looking further into the transaction, she found that Bud was asked by Peggy to be in charge of negotiating and entering into the contract. Bud agreed to allow Metro to pay in August, without checking Metro's creditworthiness. If he had, he would have found out that there was a winding- up petition on the ground of insolvency against Metro dated 20 May. Advise Peggy and Bud on Shoemart's chances of success against them under s180 of the Corporations Act. (6 marks)