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Betty is interested in forming a partnership and is conducting research into partnership agreements. Based on her reading of her Business Law textbook, one of
Betty is interested in forming a partnership and is conducting research into partnership agreements. Based on her reading of her Business Law textbook, one of the following statements is correct. Choose the statement that is CORRECT. Select one: a. Even where parties clearly state in a contract that they are not partners, a partnership can still be found to exist by the courts. b. The circumstances in which the partnership will be dissolved is an unimportant matter and should not be included in a contract creating a partnership. c. It is not a good idea to create a partnership through contract. d. Where parties clearly state in a contract that they are partners, this is conclusive evidence that a partnership has been created and the courts cannot find otherwise. One of the duties which a professional may owe is to abide by any code of conduct created by the governing body for the profession. In Alberta, lawyers have a duty to abide by the Code of Conduct established by the Law Society of Alberta and can face sanction for failing to adhere to the Code. Locate and read the decision in Law Society of Alberta v. Braun, 2019 ABLS 9 (CanLII). Choose the statement below which is FALSE. Select one: a. The sanction put forward for the Hearing Committee's consideration was a reprimand, fine of $1000.00 plus $1,522.50 in costs in relation to this matter. b. Mr. Braun admitted that he failed to follow the Law Society's trust accounting rules but denied that he failed to respond promptly or completely to the Law Society. c. The Law Society of Alberta and Mr. Braun made a joint submission regarding sanction to the Hearing Committee. d. Mr. Braun was admitted as a member of the Law Society of Alberta on February 29, 1980. At the time of the Order of the Hearing Committee being made, he had just under 40 years' experience as a practicing lawyer
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