Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Tutorial 8: Partnership Law Question 1 Buttercup, Blossoms and Bubbles formed an academy to train young girls in ballroom dancing. All of them contributed RM100,000

Tutorial 8:

Partnership Law

Question 1 Buttercup, Blossoms and Bubbles formed an academy to train young girls in ballroom dancing. All of them contributed RM100,000 each and they agreed to share any profits or losses arising from this venture equally. They agree that Blossoms and Bubbles will be the dance instructors while Buttercup will control and manage the academy. Unknown to the other two girls, Blossoms invited several students from the academy to her house for personal training. She charges the students RM50 per hour for such training. Last two months, Bubbles was involved in a serious car accident and because of that accident, she becomes permanently paralysed from the waist down and has to rely on a wheelchair to move about.

a) Discuss whether Buttercup, Blossoms and Bubbles are partners or not under the definition of Partnership Act 1961.

b) Assuming that there exist a partnership among Buttercup, Blossoms and Bubbles, has Blossoms done anything wrong when she invited the students home for personal training? Why? Support your answer with cases and legal principles under partnership law.

c) Did Blossoms have the authority to conduct class in her home?

d) Bubbles, Blossom and Buttercup were being sued by driver of the other car in the accident for damage to the car. Blossom and Buttercup refuse to pay saying it was Bubbles's fault and not theirs.

e) Finally, after much arguing, they decide that they do not want to go on with this business. They seek your advice.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intellectual Property Law

Authors: Lionel Bently, Brad Sherman, Dev Gangjee, Phillip Johnson

5th Edition

0198769954, 978-0198769958

More Books

Students also viewed these Law questions

Question

1. Too understand personal motivation.

Answered: 1 week ago