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Jeanette finished her M.B.A. at the University of Florida. Before returning to school for the degree, she was a Certified Public Accountant with an accounting

Jeanette finished her M.B.A. at the University of Florida. Before returning to school for the degree, she was a Certified Public Accountant with an accounting firm in Miami. She is now thinking of starting a consulting firm to advise corporate clients of the best ways to establish and maintain their financial records.

Jeanette contacts her lawyer, Richard, for advice about whether she should go into business for herself, and, if she does, how to go about setting up a consulting firm. Richard discusses the various options and explains their good and bad points.

If Richard creates a formal partnership for Jeanette and Maia, it will probably be governed by:

A. the Commercial Code on Partnership

B. the Federal Registry of Partnership

C. International Covenant on the Law of Partners

D. the Uniform Partnership Act

E. the common law

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