Alabama  |  Business Law

Legal Question

Asked on: 1/28/12, 12:48 pm

Margaret owned an antique store that specialised in rare porcelain dolls. When she

opened the business in 1989, it was at a shop in an eastern suburb of Melbourne. In 1999

she started to advertise on the Internet and by 2006 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 2006, it was agreed that Margaret would probably keep the

business going for another couple of years and then retire. Emily, her youngest daughter

and aged 16, would work in the shop as long as was needed and in return, she would

receive any unsold dolls. When Margaret retired at the end of 2009, she decided that she

would give the unsold stock to charity and they could auction it and keep the proceeds.

Advise Emily.

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