True/False
A sharing of profits from a business creates a presumption that a partnership exists.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q22: In a limited liability company, the management
Q23: A limited liability company can be held
Q24: Without creating a separate business organization, Lou
Q25: A partner's profit from a partnership is
Q26: Dissociation normally entitles the partner to buy
Q28: Michel is a citizen of France. With
Q29: Ken owns and operates Living Earth Garden
Q30: In many states, an operating agreement is
Q31: A sole proprietor owns the entire business.
Q32: Bill sells Corner Deli, a sole proprietorship,