Bill and Benita are competitors who both operate businesses providing book keeping services for building contractors. Bill
Question:
Bill and Benita are competitors who both operate businesses providing book keeping services for building contractors. Bill is a sole trader and Benita has registered her business as a single member/single director proprietary limited company. Following questions in relation to each business giving reasons for the answers:-
1. When a client engages Bill's business who will be the parties to the contract and why?
2. When a client engages Benita's business who will be the parties to the contract and why?
3. In the course of fulfilling a contract, Bill makes serious errors resulting in a loss to the client of $20,000. Who is liable for the loss and why?
4. In the course of fulfilling a contract, Benita makes serious errors resulting in a loss to the client of $20,000. Who is liable for the loss and why?
5. Bill has decided to cease trading and bring the business to an end. What must he do to achieve this? 6. Benita has decided to cease trading and bring the business to an end. What must she do to achieve this?
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr