Besides drawing a written partnership agreement, it is legally possible to start a partnership on the basis
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Question:
a) a loan obtained from a bank, and assuming the bank to be a partner in the business.
b) a verbal agreement.
c) one partner extorting the other for capital.
d) an assumption of interest of the potential partner.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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