This topic contains a solution. Click here to go to the answer

Author Question: Which one of the following statements is correct with respect to the creation of a partnership agreement? (Read 44 times)

RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
Which one of the following statements is correct with respect to the creation of a partnership agreement?
◦ A partnership can be created only by contract.
◦ For a partnership to exist, the relationship giving rise to it must be of an ongoing business nature, not a one-time promotion.
◦ For a person to be a limited partner, there must be at least two general partners.
◦ Where two people agree to enter into a partnership, there is no partnership created unless all elements of a contract are present.
◦ A partnership can be created by an intention to share the revenues between the partners.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by RYAN BANYAN on Aug 7, 2021

ky860224

  • Sr. Member
  • ****
  • Posts: 350
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




RYAN BANYAN

  • Member
  • Posts: 563
Reply 2 on: Aug 7, 2021
YES! Correct, THANKS for helping me on my review


Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

For a complete list of videos, visit our video library