menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law and the Regulation of Business Study Set 2
  4. Exam
    Exam 30: Formation and Internal Relations of General Partnerships
  5. Question
    Kean and Bubnick Are Real Estate Agents Who Share Commissions
Solved

Kean and Bubnick Are Real Estate Agents Who Share Commissions

Question 15

Question 15

True/False

Kean and Bubnick are real estate agents who share commissions on joint sales. This sharing of gross returns establishes a partnership unless Kean and Bubnick have a written agreement to the contrary.

Correct Answer:

verifed

Verified

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

Related Questions

Q10: Bert and Philip have decided to form

Q11: Assignment of a partner's interest will cause

Q12: Some states allow the formation of partnerships

Q13: In the case of In Re KeyTronics

Q14: A judicial lien against a partner's transferable

Q16: Afterburn Corporation and the Mangus Trust can be

Q17: Compare "partnership property" with a "partner's interest."

Q18: Former partners, as well as current partners,

Q19: The law establishes a test for determining

Q20: A partner's transferable interest is subject to

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