Evidence of Sharing Profits Is Prima Facie Evidence of Partnership

question 19

Multiple Choice

Evidence of sharing profits is prima facie evidence of partnership existence unless the profits are:

• A)wages or rent.
• B)not shared equally.
• C)income.
• D)all of the above

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Definitions:

Environmental Cues

External signals or factors in an environment that can influence behavior or responses.

Creative Process

A series of steps or stages involved in generating innovative ideas and solutions, often characterized by imagination and divergent thinking.

Fun

Enjoyment, amusement, or lighthearted pleasure.

Focus

The concentration of attention and resources on specific project objectives or activities to ensure successful completion.