11&12

Which of the following was created to protect the investing partner who provides capital. a. corporations b. general partnership c. limited partnership d. trusts e. joint ventures You are standing next to your friend, Ringo and he tells George (a third party) that you and he are starting a new drive-by hot dog stand. You think Ringo is just trying to be funny and tell the two of them that there is no way that you would ever do dogs and that you don't even really like Ringo. Later you get sued by George since he advanced Ringo $10,000 since he thought you were involved. George is arguing what? a. power of attorney b. gratuitous agency C. agency by estoppel d. partnership between the three of you e. detrimental reliance