True/False
If two people share profits from a business, they are necessarily in a partnership.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q65: Eileen is considering incorporating a corporation under
Q66: In 2006, Sally opened a restaurant called
Q67: Babak and Cal are partners in a
Q68: Ten years ago, Tad and Tori created
Q69: Owen is a prominent accountant in his
Q70: "No one should invest in a limited
Q71: If two sisters, Simone and Claire, were
Q72: Preferred shares would be of interest to
Q73: ABC Corporation is financed by both debt
Q74: Which of the following is FALSE?<br>A)A sole