Which of the following factors are relevant to determine the existence of a valid partnership: I. The intention of the parties. II. Whether or not there is a sharing of the profits between the parties. III. Whether there is a state of agency as between the parties. IV. Whether or not there is a sharing of the losses between the parties. Question 4Answer A. I and III B. I, II and IV C. I, II, III and IV D. II and III Jump to