Please help me brief case the following using the IRAC method

K told R that K had an opportunity to do kitchen remodeling work for Lowes Company in Santa Clara and asked R to become his job superintendent and estimator in this venture. K said that he had about $10,000.00 to invest in the venture and that, if R would superintend and estimate the jobs, K would share the profits with R on a 50-50 basis. K did not ask R to agree to share any loss that might result and R did not offer to share any such loss. The subject of a possible loss was not discussed in the inception of this venture. R accepted K's proposal and commenced work for the venture. R's only contribution was his own labor. K provided all of the venture's financing through the credit of Siding Company, although at times R purchased materials for the jobs in his own name or on his account for which he was reimbursed.