(Answered) Actions breached the partnership agreement

Management Studies

Question: Dave and Sue formed a partnership to buy, renovate and sell a house. Sue agreed to pay for the project and per the agreement it was to cost no more than $120,000. Dave's contribution for the partnership was to oversee the work, which was to be done in six months. As the project progressed, Dave incurred excessive and unnecessary expenses, misappropriated fund for his personal use, did not pay bills on time and did not keep Sue informed of the costs. More than 9 months after the project started, Dave walked off the project. Sue completed the revocation, which ultimately cost $235,0000. Which of Dave's actions breached the partnership agreement? Which of his actions were unethical?

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