True/False
Ann and Susan want to enter into a partnership business of selling cars for a term of five years.They must prepare a partnership agreement in writing to be enforceable under the statute of frauds.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q70: Mr.Olive and Mrs.Pickle enter into a partnership
Q71: Which of the following statements about the
Q72: To remove all ambiguity regarding ownership of
Q73: The general law governing general partnerships is
Q74: A(n)_ is a close corporation whose shareholders
Q76: A partner's ownership interest is called a
Q77: Which of the following statements about limited
Q78: Under the doctrine of purported partners,a third
Q79: A limited partner in a limited partnership
Q80: The sole proprietor has the right to