Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Jivan and Morris are friends at University of Windsor. They diten play Monopoly together or just hang out and watch Netflix and Youtube. One evening,

Jivan and Morris are friends at University of Windsor. They diten play Monopoly together or just hang out and watch Netflix and Youtube. One evening, Jivan comes up with an idea for a business: to rent mini fridges to students in their dorm rooms so they can keep their beverages and food cool and avoid always going to the cafeteria or ordering in. Morris thinks this is a great idea. Morris lends Jivan $5,000 to start the business. Morris has a full time job working at a fast food restaurant, but when he is off, he sometimes will deliver fridges to dorm rooms for Jivan. Jivan pays him each time he does the deliveries. Soon, the business takes off and Jivan is bringing in $10,000 per month, which goes into Jivan's personal bank account. Jivan expands the business to the University of Toronto and York University. Morris has been designing and updating the website for the business, and Jivan pays him for the specific times that Morris updates the website. One evening, Jivan and Morris play a very intense game of Monopoly, and Morris accuses Jivan of cheating. Jivan gets angry and kicks Morris out of his apartment. Morris is very angry and decides to stop being friends with Jivan. He writes Jivan a letter and asks for 50% of the profits to date from the mini fridge business, and 50% of future profits, as they are "business partners." Jivan writes back and denies this, and says that Morris was simply his "employee" once in a while and they never formally registered a partnership with the Government of Ontario. Morris decides to sue Jivan to prove that the mini fridge business was a partnership. Make the arguments for the mini fridge business being a partnership. Who do you think will be successful in the lawsuit? Explain

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Law Of Torts

Authors: Joseph W. Glannon

6th Edition

1543807690, 978-1543807691

More Books

Students also viewed these Law questions

Question

How is a year-over-year percentage calculated?

Answered: 1 week ago

Question

Context, i.e. the context of the information presented and received

Answered: 1 week ago