menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Smith and Robersons Business Law
  4. Exam
    Exam 30: Formation and Internal Relations of General Partnerships
  5. Question
    Tori and Margaret Agree to Form a Partnership
Solved

Tori and Margaret Agree to Form a Partnership

Question 47

Question 47

True/False

Tori and Margaret agree to form a partnership.The partnership contract between Tori and Margaret does not have to be in writing in order to be enforceable in the courts.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q42: Terry and Ernest agree to become partners

Q43: Which of the following is the correct

Q44: General Widget partnership assets amount to $34,000

Q45: Under the common law,a partnership is generally

Q46: If no specific agreement exists,the partners bear

Q48: A partner cannot assign his interest in

Q49: Which of the following would be the

Q50: A general partnership may be formed for

Q51: Which of the following would lack the

Q52: Under the RUPA,a partner must manage the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines