TekKnowEdge is a Victorian technology company based in the city of Geelong. The CEO of TekKnowEdge, Logan Bright, announced in July 2022 that the company would be opening a branch in Perth. He also announced that the company was currently in the process of bidding for a facility that is vacant somewhere in Welshpool. SonixSound, together with four other leading technology companies had an understanding to outbid TekKnowEdge in getting the vacant facility. Trent Parker, the CEO of SonixSound proposed that they approach his friend Zach Bronson, the owner of TechGuys to make the bid and they would assure him that they would help him get the facility. This would be on the condition that SonixSound acquires 40 percent of TechGuys shares. Zach thinks this could be a good way of expanding his business.

What are the legal issues in this case? please provide with a direct example from the case.