Besides drawing a written partnership agreement, it is legally possible to start a partnership on the basis

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Besides drawing a written partnership agreement, it is legally possible to start a partnership on the basis of:

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 answer-question

Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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Posted Date: Jan 01, 2024 03:48 AM

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Besides drawing a written partnership agreement, it is legally possible to start a partnership on the basis

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Smith and Roberson Business Law

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