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Rom, Sandy and Abe agree to put in $10,000 each to set up a homeless shelter. They each work two days a week. Donations fund
Rom, Sandy and Abe agree to put in $10,000 each to set up a homeless shelter. They each work two days a week. Donations fund the day-to-day operations. Do they have a partnership? O a. Yes, because they are all co-equals in ownership of the shelter Ob. Yes, since each has control of the operation No, because they have made no formal agreement O d. No, because there is no business for profit
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