A and B Have Decided to Carry on a Business

question 21

Multiple Choice

A and B have decided to carry on a business in partnership in Ontario,and A has his lawyer prepare a detailed partnership agreement setting out their respective rights and obligations.However,at the last minute,B refuses to sign the agreement and A,who trusts B,decides that the agreement is unnecessary.In this case,the partnership will be governed by

• A)the law of contract.
• B)the terms of the partnership agreement.
• C)the Partnership Act.
• D)the Business Names Act.
• E)the principles of equity.

---

Definitions:

Preponderance

In legal terms, the standard of proof that must be met to win a civil case, where the evidence must weigh more in favor of one side than the other.

Evidence

Information or objects presented in court to persuade the judge or jury of an argument's validity.

Proof

Evidence or argument establishing a fact or the truth of a statement.

Respondeat Superior

A legal doctrine that holds employers or principals liable for the wrongful acts committed by their employees or agents while engaged in the scope of their employment or agency.