Which of the Following Would Be Most Important Factor for a Court

question 55

Multiple Choice

Which of the following would be most important factor for a court in deciding whether a partnership exists?

• A)That there was no written or oral partnership agreement.
• B)An allocation of duties among the parties
• C)Evidence the parties carried on business together with an intention to share profits and losses.
• D)The use of the parties' personal names in the partnership's business name
• E)The evidence the two parties worked together on the same business venture.

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Definitions:

Emotions

Complex psychological states that involve physiological arousal, expressive behaviors, and conscious experience.

Observable Behaviours

Actions or reactions of an individual, in response to external or internal stimuli, that are visible and measurable.

Psychological Processes

Internal operations that underpin cognitive functions such as perception, memory, and thinking.

Reflexes

Automatic, involuntary responses to specific stimuli, such as pulling a hand back from a hot surface, which occur without conscious control.