Question
Situation C - Catering Business From the outset, you agreed that all partnership transactions must have the consent of both partners. One day, your catering
Situation C - Catering Business From the outset, you agreed that all partnership transactions must have the consent of both partners. One day, your catering services were sought for a special dinner by a wealthy family living in Forbes Park. For this occasion, your partner wanted to purchase a set of spoons and forks decorated with the partnership emblem in 18 karat gold. You refused to give your consent to such unnecessary expense because you already have good quality silver cutlery. Your partner insisted and secretly purchased the spoons and forks to impress the wealthy client thinking that she can be excused from not securing your consent because you were, at this time, on vacation leave.
QUESTION: is this allowed? What are the Consequences for his/her/my actions?
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