Linda, Che, and Colin are friends. They always put monies together and buy a set...
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Accounting
Linda, Che, and Colin are friends. They always put monies together and buy a set of lottery tickets with the understanding that if they win the jackpot, they will split the money equally. On 14th February 2019, Che was going to town and Linda and Colin sent him text messages stating that if he puts $50 towards their tickets, they will pay him back later. Che buys $150 worth of tickets and wins the jackpot of $450,000.00. Che is refusing to share the jackpot with Linda and Colin and is refusing to accept the $50 each from them that they claim they owe him.
Using a business law background:
1. How would you advise Linda and Colin?
2. How would you advise Che?
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