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There is ONE (1) question in this section. Answer the question in the Answer Booklet. Akmal, Badrul, and Shafiq are the three partners in a
There is ONE (1) question in this section. Answer the question in the Answer Booklet. Akmal, Badrul, and Shafiq are the three partners in a legal firm. The partnership agreement provides that a partner has no authority to receive any trust property on behalf of the firm without the consent of all other partners. One day, Zamri (a trustor) go to the legal firm and give RM100,000 to Akmal as a trust money. Akmal misappropriates the money without the knowledge of other partners. Zamri claims for the return of the money from the firm. Based on the facts above, advise Badrul and Shafiq on their liability for the misappropriation. (20 marks) (CLO3:PLO1:04
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