Inference of the Existence of a General Partnership Is Drawn

question 60

Multiple Choice

Inference of the existence of a general partnership is drawn only if profits are received as ________.

• A)share in partnership
• B)payment of wages
• C)interest owed on a loan
• D)a debt owed to a creditor

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Definitions:

Prejudice

A preconceived opinion or judgment, often grounded in irrational bias or stereotypes, against a person or group.

Discrimination

The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Difference

A point or way in which people or things are not the same.

Cultural Appropriation

The act of taking or using elements of one culture by members of another culture, often without understanding or respect for its significance.