Question
A, B and C agreed to contribute their money to a common fund for business. After deliberating what business to do, they decided to sell
A, B and C agreed to contribute their money to a common fund for business. After deliberating what business to do, they decided to sell prohibited drugs in the black market. What can be said about this? Was there a partnership that was created?
A and B decided to form partnership for the restaurant business that they wanted to put up. C and D also agreed to join the partnership but they will only contribute their skills in cooking. Determine which kind of partner is A, B, C, and D.
A, B and C agreed to contribute their money to a common fund for business. Since they are brothers and sisters, they decided not to put their agreement in writing. Was there a partnership that was created? Explain.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started