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Sam is a 50% owner in City Electric Installation and Service. The company's legal structure is a partnership. Sam is paid once a month and

Sam is a 50% owner in City Electric Installation and Service. The company's legal structure is a partnership. Sam is paid once a month and his pay is based on how well, or how profitable, the company was for the month. Therefore, his income is paid in the form of:\ \ Question 11 options:\ \ a wage or a salary.\ \ \ interest from the company's liquid deposits.\ \ \ a draw on the profits of the company.\ \ \ dividends on his ownership in the company's stock.

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