In Which One of the Following Situations Will a Court

question 175

Multiple Choice

In which one of the following situations will a court find that a partnership exists?

• A) Joe and Mary promote several dances at school and split the profits.
• B) Joe and Mary, while in college, purchase a house and share the profits from the rent after deducting expenses.
• C) Joe, a partner in a law firm, dies and Joe's widow takes over Joe's share of the profits.
• D) Joe is a partner in a shoe store and sells his share of the business to Harry without the consent of his partner.
• E) Joe sells his business to Harry for $10,000 for the assets and a further $20,000 for good will, the good will portion to be paid at a rate of 20% of the profits from the business until paid.

---

Definitions:

Protestants

Followers of the Protestant branch of Christianity, which originated in the 16th-century Reformation.

Indian Languages

The languages spoken by the indigenous peoples of the Americas, encompassing a diverse range of language families and isolates with rich linguistic and cultural heritage.

Loyalist Exiles

The British loyalists who were forced to leave the United States after the American Revolution and resettled in other British colonies.

Canada

A country in North America, known for its vast landscapes, multicultural communities, and as the second largest country by total area.