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Problems - p325-326 #5, 6, 10 . #5 - Which are partnerships? - Hank & Rick pooled $ to buy 1965 Mustang to repair and

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Problems - p325-326 #5, 6, 10 . #5 - Which are partnerships? - Hank & Rick pooled $ to buy 1965 Mustang to repair and sell YES - John & Juan bought a taxi cab - John drives days and Juan drives nights - split maintenance costs YES Karin & Ricki each have delivery services; when one has delivery, she checks with the other to see if she needs anything delivered there - they split the fee for that NO delivery - Ellis & Joe bought and renovated old house - then they bought a 2nd property to also renovate using1st house as collateral YES Corpl 2

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