Cindy entered into a contract withDennis to sell 5,000 hand-made wooden carvings toDennis. However, the contractual documentation stated that the contract was made withDennis’s company ‘Dennis-the-Menace (Pty) Ltd’.Dennis was the only shareholder in this company.Although the carvings have been delivered, they have not been paid for.Dennis-the-Menace (Pty) Ltd has now been liquidated as insolvent.Cindy, however, suspects thatDennis knew that his company would not have the money to pay for the carvings.Required:AdviseCindy on the possibility of holdingDennis personally liable for the payment of the wooden carvings. (10 marks)