When a Person Who Performs Continuing Services for Another Receives

question 45

True/False

When a person who performs continuing services for another receives a fixed payment that does not depend on the existence of profit and is not affected by losses,that person is a partner.

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Definitions:

Amplitude

The extent of a vibratory movement, measured from the mean position to an extreme, commonly used in physics to describe waves.

Pitch

The quality of sound governed by the rate of vibrations producing it; the highness or lowness of a tone.

Frequency

In the context of waves, it is the number of waves that pass a fixed point per second; in general use, it refers to how often something occurs.

Intensity

The degree of strength, force, energy, or feeling in a given situation, often used in various physical and emotional contexts.