Dave and Giorgi agree to go into business together. They do not formally declare that their business
Question:
Dave and Giorgi agree to go into business together. They do not formally declare that their business has a specific form of organization. Dave and Giorgi’s business is
a. a proprietorship.
b. a partnership.
c. a limited liability company.
d. none of the above.
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The correct answer is b a partnership Heres why Default status When two or m...View the full answer
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Related Book For
Business Law Text And Exercises
ISBN: 9780357717417
10th Edition
Authors: Roger LeRoy Miller, William E. Hollowell
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