ACCA考试

【分析解答题】Bothepha, Gorata and Onneile formed a partnership six years ago, althoughBothepha was a sleeping partner and never had anything to do with running the business. Two years ago the partnership employed Tumelo as its manager and last year Gorata retired from the partnership. Onneile subsequently has left much of the day-to-day work to Tumelo who has let it be known generally that he has become a partner, although he has not. In May of this year Tumelo entered into two large contracts. The first one was with a longstanding customer, Robert, who had dealt with the partnership for some five years. The second contract was with a new customer, Simon.Both believed Tumelo’s claim that he was a partner in the business.Both contracts have gone badly wrong leaving the partnership still owing a total of P900,000 to both Robert and Simon. Unfortunately the business assets will only cover the first P450,000 of the total debt.Required:Explain the potential liabilities ofBothepha, Gorata, Onneile and Tumelo. (10 marks)
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