Part E [SE marl-rs} - ANSWER ALL QUESTIONS There are two problem questions in Part B. Each question is worth 15 marks. 'I'our answers should make reference to eases and statutory provisions where relevant. QUESTICIN 1 EN: TS Peter, Pooja and Sasha have always wanted to work together. They all have a shared loyed fer baking cakes and so decide to start a cake business. Each of them agrees to invest SSJJIJD to start the business. They rent out a small shop to carry out the business. Peter, who has always been good with numbers, is in charge of the finances of the business. Pooja, who has a background in retail, is in charge of sales and Sasha agrees to bake the cakes. Peter, Pooja and Sasha don't have a formal written agreement as they are all close friends. They all agree that they can each make purchases up to $501] individually and anything more than this amount requires approval of all of the three. After a few weeks, the business receiyes lots of orders for cakes so Sasha purchases a cake mixing machine for SEED to help her in making the cakes. Please answer the following questions referring only to the Partnership Act 1953 {Vic}. a. Are Peter, Pooja and Sasha partners? [5 marks) b. Does Sasha have authority to purchase the cake mixing machine? [5 marks} c. Are Peter and Pooja responsible for the purchase of the cake mixing machine made by Sasha? [5 marks}