Legal Question in Business Law in Guyana

Margret owned an antique store that specialized in rare porcelain dolls. When she opened the business in 1994, it was at a shop in Regent Street Georgetown. In 2004 she started to advertise on the internet and by 2008 the business had grown to the point where she needed help to keep the business going. After a family discussion one night at the kitchen table in July 2008, it was agreed that Margret would probably keep the business going for another couple of years and then retire. Emily, her youngest daughter and age 16, would work in the shop as long as needed and in return, she would receive any unsold dolls. When Margaret retired at the end of 2014, she decided that she would give the unsold stock to charity and they could auction it and keep the proceeds.


Asked on 2/10/16, 12:05 pm

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

11.02.2016

Dear Sir / Madam,

Contents noted. Please post your query or question.

Regards,

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Answered on 2/10/16, 5:53 pm


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