Amelia is liable for the debt in this case. Ravi and Amelia are friends who share a house. They sell cold drinks and ice-creams which they make from a food truck to people at the local beaches held around Port Phillip Bay over summer. They used a loan Ravi obtained under his name from the bank to buy the food truck and other necessary equipment and get council permission and permits. Ravi was unable to repay the loan because even though sales were very good, Ravi spent a lot of money on clothes. hair products, travel and restaurants. He also has few other savings. The bank now wants Amelia to repay the loan. Advise whether Amelia is liable for the debt? This case should be applicable to Victorian Law, Australia.

Answer rating: 100% (QA)

In the context of Victorian Law Australia whether Amelia is liable for the debt depends on the speci... View the full answer