Without Creating a Separate Business Organization, Reynold Starts Up, and Assumes

question 4

Multiple Choice

Without creating a separate business organization, Reynold starts up, and assumes the financial risk of, Sole Savers, a new, pre-owned auto sales enterprise. Reynold is the financial risk of, Sole Savers, a new, pre-owned auto sales enterprise. Reynold is

• A)a partner.
• B)a franchisor.
• C)a franchisee.
• D)a sole proprietor.

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Definitions:

Interrogatory

A formal set of written questions issued by one party to another in a lawsuit, requiring answers for the discovery process.

Written Question

A writen question refers to a documented inquiry used in different contexts, such as legal depositions, surveys, or examinations, aimed at obtaining information, clarification, or evidence.

FRCP 26

Refers to Rule 26 of the Federal Rules of Civil Procedure which pertains to the duty to disclose, discovery scope, and limits, and the basis for discovery.

Automatic Disclosure

A legal requirement for parties in a lawsuit to share relevant documents and information without the need for a formal request.