Lusaka Foodies Ltd is facing financial difficulties due to new agricultural policies
impacting its net turnover. Despite the potential for revival based on the numbers,
stakeholders are pushing to close the business. Akombelwa, the lead director, wants to
save the business by investing in Dragon Fruit, which research suggests will meet
demand. On August 9, 2023, she meets Chileshe from Eastern Produce Co, who
offers to sell her entire Dragon Fruit business for K115,000,000 and keeps the offer
open until August 13, 2023. On August 11, Chileshe receives a higher offer of
K510,000,000 from Malungo for her business and accepts. Akombelwa, still
considering the offer, goes to the bank and then accepts on the morning of August 12,
but Chileshe informs her the business is already sold. Akombelwa seeks your advice
regarding contractual laws.