Tilly has been running a small hobby business selling hand-made jewellery on e-bay. Her good friend Jassie is also very artistic and makes personalised greetings cards, which are also sold online. Both girls have been doing well and have struggled to keep up with the many orders, given that they are both students just completing their degrees. When they finish their respective courses, they agree that they should team up and form a business together, specialising in custom-made artwork and jewellery, but moving beyond online sales to include market stalls and a small retail outlet in town. Realising they need some form of written agreement to clarify how expenses and income should be shared, they ask their friend Maisie, who has just completed her law degree, to prepare a document that sets out respective responsibilities and their rights, particularly in terms of profit sharing. They both sign copies, and a third copy is lodged with Maisie for safekeeping. All goes well and together they build up a vibrant little business that produces a healthy income, such that they can employ Nathan, a young graduate, to look after all the administrative duties for them. After 18 months, though, they have an almighty row, mainly about their rival affections for Nathan. Tilly, furious with Jassie, storms out and sets up a rival operation. In the first six months, it does extremely well, and since Tilly also starts marketing her own greetings cards to add to the jewellery part of the business, she captures most of the orders that previously went to the original business. Jassie has enormous problems, because she is losing money and is also unable to employ Nathan anymore. Jassie wishes to take action against Tilly for not fulfilling her obligations. Tilly says they only went into business as friends and there was no intention of having a binding contractual agreement. She said that if she had wanted that sort of agreement, she would have gone to a solicitor in the first place. Did Jassie and Tilly intend to create a binding agreement? Why/Why not? Please use relevant case law to support your