If you were a draftsperson employed by a firm of architects who were carrying on their business
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If you were a draftsperson employed by a firm of architects who were carrying on their business as a partnership and you received a share of the profits of the business as part of your compensation, would you be a partner in the partnership?
PartnershipA legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...
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No While sharing profits is a strong indicator that the business ...View the full answer
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Related Book For 
Managing the Law The Legal Aspects of Doing Business
ISBN: 978-0133847154
5th edition
Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer
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