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    John and Jill Agree to Form a Partnership
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John and Jill Agree to Form a Partnership

Question 386

Question 386

Multiple Choice

John and Jill agree to form a partnership. The partnership agreement requires that John invests $7,000.00 less than one-half of what Jill is to invest. If the total investment of both is $125,000.00, how much is Jill's investment?


A) $88,000.00
B) $37,000.00
C) $78,666.67
D) $46,333.33
E) $74,393.33

Correct Answer:

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