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Tina owes Jim $ 5 0 0 0 . Jim is a very wealthy individual. Tina is not. Tina does not readily have cash available
Tina owes Jim $Jim is a very wealthy individual.Tina is not.Tina does not readily have cash available to pay off the debt, but she does own a tiny coinoperated laundromat.Jim agrees to take percent of the profits of the laundromat each month until the $ debt is paid off, at interest.One month later, one of the coinoperated washing machines catches on fire due to poor maintenance.Ten people are injured in the fire, and they want to sue to collect their damages.Because Tina does not have much money, the ten injured people sue Jim and Tina, claiming they have formed a partnership and are therefore both liable for the debts of the business.You are the judge that must decide whether Jim and Tina have formed a partnership.Are they a partnership? What factors should you consider when making this determination?Be sure to discuss each factor, in y
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