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Which of the Following Situations Is Most Likely to Be

Question 7

Multiple Choice

Which of the following situations is most likely to be a partnership?


A) Adam and Bruce have agreed to stage a play together and to share gross returns but not liability.
B) Adam and Bruce carry on a restaurant business together.
C) Adam and Bruce own land together;Adam owns two-thirds and Bruce owns one-third.
D) Adam and Bruce own land together as joint tenants.

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