Your Assignment: As the only person in your ACCG2002 class not to have accepted an offer of employment with MQUS, you first read about these facts in the Australian Financial Review while sitting around with your new start-up venture, Prudence Pty Ltd. Your mates turn to you with the following five questions. While there is no 'one' right answer, there are a few likely next steps, and a few unlikely scenarios given what you know about business law. In 1.000 words or less, explain to your mates: what is likely to happen next, 11 who is likely to take those steps, who if anyone is likely to be held liable and why (what legal theories), what if any defenses are likely to be raised and are they likely to be successful, and what are the likely outcomes for the relevant parties