menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Its Legal Ethical
  4. Exam
    Exam 17: Governance and Structure: Forms of Doing Business
  5. Question
    Evidence of Sharing Profits Is Prima Facie Evidence of Partnership
Solved

Evidence of Sharing Profits Is Prima Facie Evidence of Partnership

Question 19

Question 19

Multiple Choice

Evidence of sharing profits is prima facie evidence of partnership existence unless the profits are:


A) wages or rent.
B) not shared equally.
C) income.
D) all of the above

Correct Answer:

verifed

Verified

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

Related Questions

Q14: A limited partnership can exist by implication.

Q15: Becca Franklin and Suzanne Peterson formed an

Q16: The shareholders of Beazer Homes USA filed

Q17: In a novation by the board of

Q18: A proxy is valid only for 11

Q20: The business judgment rule holds directors liable

Q21: Hank Greenberg was the head of:<br>A)the SEC.<br>B)Citigroup.<br>C)AIG.<br>D)BP.

Q22: New members are admitted to an LLC

Q23: Lawyers for corporations are required to report

Q24: A,B,and C are partners in a real

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