Mark owns M Carpets, a home-furnishings store. He hires Lois as a salesperson, agreeing to pay her

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Mark owns M Carpets, a home-furnishings store. He hires Lois as a salesperson, agreeing to pay her $18.50 per hour plus 10 percent of her sales. Mark and Lois are

a. partners because Lois receives a share of the store’s profits.

b. partners because Lois is responsible for some of the store’s sales.

c. not partners because Lois does not have an ownership interest or management right in the store.

d. not partners because Lois does not receive an equal share of the store’s profits.

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Business Law Text And Exercises

ISBN: 9780357717417

10th Edition

Authors: Roger LeRoy Miller, William E. Hollowell

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