Glenn refuses an invitation to become a partner of Dorothy and Cynthia in a retail grocery business.
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Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...
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Glenn is not liable as a partner by estoppel because he took no part in placing the advertisem...View the full answer
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Related Book For 
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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