In Determining Whether a Partnership Exists, Which of the Following

question 40

Multiple Choice

In determining whether a partnership exists, which of the following factors is not evidence of a partnership?

• A) shared profits
• B) co-ownership of property
• C) equal control of the business
• D) shared losses

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Definitions:

Traditional Antitrust

Laws and regulations designed to protect trade and commerce from unlawful restraints, monopolies, and unfair business practices.

Primary-Line Injury

Under the Robinson-Patman Act, an injury that occurs when preferential treatment is given to a competitor.

Antitrust Action

Legal proceedings or actions taken by government regulators or private parties to prevent or remedy anti-competitive practices, monopolies, or other violations of antitrust laws.

Discounted Rate

A reduced price or fee, lower than the standard amount.