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if an individual receives a share of profits or gross returns from a partnership, does that make them a partner? Select one: a. The sharing

if an individual receives a share of profits or gross returns from a partnership, does that make them a partner?

Select one:

a. The sharing of gross returns indicates a partnership exists, but sharing of profits does not indicate a partnership

b. The partnership legislation notes that sharing profit is a strong indication that a partnership does in fact exist.

c. Gross returns and profits are the same. The sharing of gross returns indicates a mutual business in common and hence a partnership

d. If a party receives a share of the partnership's profits, then this is conclusive that they are a member of the partnership

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