Fact Pattern 29-1Abby Starts Up Bowls to Serve and Sell

question 31

Multiple Choice

Fact Pattern 29-1Abby starts up Bowls to serve and sell soups for workday lunches. Abby leases space in an office building owned by Carmen. The lease requires Abby to pay Carmen a base rental of $1,250, plus 10 percent of Bowls' profits, each month. The term is two years. Abby hires Deja to take and fill customers' orders at an hourly wage of $12.50, plus tips.
-Refer to Fact Pattern 29-1.Abby and Deja are​ 

• A) ​not partners, because Deja does not have an ownership interest or management rights in Bowls. 
• B) ​not partners, because the pay includes an hourly wage. 
• C) ​not partners, because the pay includes only 10 percent of the profits. 
• D) ​partners in a partnership.

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Definitions:

Start Pushbutton

A button that, when pressed, initiates the operation of a machine or device, commonly found in motor control circuits to start motors.

Control Circuit

An electrical circuit designed to control the operation of devices in a system, often through the use of relays, switches, and timers.

Momentary

Describes a brief, transient action, especially in the context of switches or signals, where the effect lasts only as long as the actuating force is applied.