Business: Cafe which sells coffee and dougnuts

1. What are the consequences for you, as a business owner, if the business in its new form is not able to pay a debt? Are your personal assets protected? Explain.

2.You enter into an agency arrangement with a marketing company to develop your social media presence and increase your customer base. A) Explain how this arrangement works when the marketing company signs a contract with a social media influencer to promote your products. Who is bound by the contract - the marketing company or your business? Why? B) If the marketing company buys advertising on a social media platform against your instructions, does your business have to honour the agreement? Why or why not?

Answer rating: 100% (QA)

Answer 1 Consequences for the Business Owner if the Business Cannot Pay a Debt As a business owner the consequences if the cafe business in its new form is not able to pay a debt depend on the legal s... View the full answer