Question
An agent of necessity arises when: I. A person is entrusted with another person's property. II. There is a genuine emergency. III. All parties will
An agent of necessity arises when:
I.A person is entrusted with another person's property.
II.There is a genuine emergency.
III.All parties will benefit from the transaction.
IV.The person is on an overseas holiday.
V.It is impossible to contact the other person.
A.
II, III and IV
B.
I, II and V
C.
I, III and IV
D.
I, II and IV
The definition of partnership insection 7of thePartnership Act 1895(WA)essentially provides that there must be:
A.
A written agreement that subsists between persons carrying on a business with a view to profit.
B.
A relation that subsists between persons carrying on a business in common with a view to profit.
C.
A trade or business carried out with a view to profit.
D.
A relation that subsists between persons carrying on a business in common.
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