Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Thandi Zulu and Mike Engelbrecht would like to form a partnership to establish their domestic cleaning services company. Which one of the following is correct

Thandi Zulu and Mike Engelbrecht would like to form a partnership to establish their domestic cleaning services company. Which one of the following is correct with regard to a partnership?
a.
A partnership is a juristic personality.
b.
It is a contractual agreement between partners
c.
Partnerships cannot be extended to juristic persons
d.
The partnership is liable for the debts of the partnership, not the individual partners

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

Managing Quality Integrating The Supply Chain

Authors: S. Thomas Foster, John W. Gardner

7th Edition

1119883865, 978-1119883869

More Books

Students also viewed these General Management questions