Multiple Choice
In which of the following situations will the inference of the existence of a partnership be drawn from the receipt of profits of a business?
A) Where payments of a debt are made to a creditor in installments from the profits of the partnership
B) Where wages are paid to an employee who is not also an owner
C) Where an annuity is paid to the widow of a deceased partner from partnership profits
D) Neither the creditor,the employee,nor the widow in these situations will be considered a partner under the guidelines in the RUPA.
Correct Answer:

Verified
Correct Answer:
Verified
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Q7: Partners may elect to have the partnership
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Q10: The form of business association known as
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