Quiz navigati oard / My units / LAWS19032_2221 / Assessment / Invigilated Online Test LAWS190 Invigilate n 3 Phil, Eddie, and Victoria met at fashion
Quiz navigati oard / My units / LAWS19032_2221 / Assessment / Invigilated Online Test LAWS190 Invigilate n 3 Phil, Eddie, and Victoria met at fashion school. After graduating from fashion school, they decide to start a 3 ed company called H&K Pty Ltd to run a fashion retail store called H&K. Phil, and Eddie are the only directors of the company, with Victoria being the investor and only shareholder in the company. Phil and Eddie engage a Finish attempt . d out of marketing agent, Bob, to help them with the marketing of their designs. Time left 3:25:4 g. question However, Phil and Eddie failed to carefully consider Bob's qualifications before they hired Bob. It turns out B(Q has experience marketing technology products but not fashion products. Most of Bob's marketing ideas failed, thus Phil and Eddie's designs fail to sell, and H&K is now in financial difficulties, unable to pay its creditors. Despite knowing H&K's financial difficulties, Phil and Eddie decide to enter into a contract with a supplier in China to sell their designs in China, hoping the sale would enable H&K to recoup its losses. Unfortunately, this does not eventuate as their designs failed to sell in China and the company is now in liquidation. Provide advice on whether Phil and Eddie have breached any of their director's duties
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