Question
A loans B money to open a store in exchange for B's promissory note and agreement to repay the principal plus interest at regular intervals.
A loans B money to open a store in exchange for B's promissory note and agreement to repay the principal plus interest at regular intervals. B's store does not succeed and B stops making payments to A. Which is true of A and B's relationship while the store was operating?
| A. | A and B were partners in a limited partnership. | |
| B. | A and B were not partners. | |
| C. | A and B were partners in an LLP. | |
| D. | A and B were partners in a general partnership. |
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The Wall Street Mba
Authors: Reuben Advani
2nd Edition
007178831X, 9780071788311
