Answer to Question #312274 in Law for Lulu

Question

Sebo, Tiyani and Tshepo want to start a partnership with the aim of selling African 

cuisine. Sebo intends to contribute R15 000.00 on condition that should the 

partnership fail, Tiyani and Tshepo will reimburse her. Tiyani intends to contribute his 

expertise as a qualified chef. Tshepo intends to contribute the use of his cooking 

equipment. They come to you for advice on whether a partnership agreement will be 

valid based on what each of them wants to contribute. Advise them fully. (In your 

advice, define a partnership, deal with each contribution and conclude.)