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.

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Definitions:

Selective Attention

Selective attention involves the focusing of conscious awareness on a particular stimulus, making it more pronounced while other environmental stimuli are minimized or ignored.

Blindsight

A phenomenon where people can respond to visual stimuli without consciously perceiving them, typically after damage to the primary visual cortex.

Subjective Awareness

The personal, internal recognition and perception of one's own experiences, feelings, and thoughts.

Mental Processes

Activities of the mind involved in thinking, understanding, learning, and remembering.