Multiple Choice
Terry and Ernest agree to become partners in advertising and promoting the Midway Fair to be held three years hence.If they agree orally,will the partnership agreement be enforceable?
A) Yes,since no writing is required
B) Yes,as long as a division of profits is achieved
C) No,because the venture cannot be performed within one year
D) No,due to arguments about terms
Correct Answer:
Verified
Correct Answer:
Verified
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