legal precedent many of the investor would be reluctant to quity ownership in the firm and would be wary to have new venture. It is so as company will loss more money than it has creditors and other stakeholders could claim the Answered 4. Grace is the managing director of Fashion Ltd. A cause in her employment contract states that she won't deal with customers of Fashion Ltd on leaving the employment of that company. Some years late, Grace resigns from the company. Her husband, Jones, set up a company called "Two of Us Pty Ltd which is also a fashion retailer Grace and Jones are the directions of this company. Grace manages this company and approaches the customers of Fashion Ltd she had formerly dealt with a Fashion Ltd 04 Advise Fashion Ltd as to the legal grounds it can rely on to take legal action to prevent the actions of Grace Unanswered 5. Assume the directors of the Of Us Post and therashion Business to masa fashionable face mas scatore