Which of the Following Statements Is True Regarding the Form

question 176

Multiple Choice

Which of the following statements is true regarding the form of a legally binding partnership contract?

• A) The partnership contract must be in writing.
• B) The partnership contract may be based on a handshake.
• C) The partnership contract may be implied.
• D) The partnership contract cannot be oral.

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Definitions:

Singular

Being one of a kind; unique, or referring to a single form or instance of something.

Singular

Unique or one of a kind; also refers to a grammatical number denoting a single item or unit.

Urine

A liquid by-product of metabolism in humans and many animals, expelled from the kidneys and stored in the bladder until it is released from the body.

Cardiomyopathy

A disease of the heart muscle that makes it harder for the heart to pump blood to the rest of the body.