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1 . Anita is hired to manage an unincorporated dress boutique owned by Betty. The two agree that Anita will receive one - third of
Anita is hired to manage an unincorporated dress boutique owned by Betty. The two agree that Anita will receive onethird of the net profits, which amount is to be paid to her on a monthly basis. Is Anita a partner? Explain. If the boutique has a loss instead of a profit, would Anita have to share the loss? Explain.
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