Zenzo, Zella and Zinzi Wish to Form a Partnership

question 8

Multiple Choice

Zenzo, Zella and Zinzi wish to form a partnership.Zenzo is putting up 60% of the capital; Zella is putting up 40%, and Zinzi is putting in no capital but will manage the business.In the absence of a provision in the partnership agreement, how will the liability and profits be distributed?

• A)According to the input of capital.
• B)According to the amount of work each does in the business.
• C)Equally.
• D)According to the laws of the state where the partnership is formed.

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Definitions:

Child-Rearing Studies

Research and analysis focused on the methods, practices, and outcomes of raising children and their effect on child development.

Mothers

Female parents who carry, give birth to, or nurture and care for their children.

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Frameworks and models that attempt to explain the patterns in thoughts, feelings, and behaviors that make a person unique.

Subliminal Presentation

The technique of presenting stimuli below the threshold of conscious awareness, aimed at influencing thoughts, feelings, or actions.