Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Abe and Carlos want to form a general partnership. What must they do in order to create this legal form of business? a. They must
Abe and Carlos want to form a general partnership. What must they do in order to create this legal form of business?
a. They must sign a written agreement and file it with the secretary of state.
b. They must first orally agree to become partners and then formulate a contract.
c. They must get a partnership license from the secretary of state.
d. They can start a partnership without any formalities.
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