The Essential Element That Would Distinguish a Business Undertaking as a Partnership

question 33

Multiple Choice

The essential element that would distinguish a business undertaking as a partnership and NOT a joint venture operation would be:

• A) the business undertaking makes a profit in the year.
• B) there is no joint control agreement so that the undertaking is neither a joint venture entity nor a joint venture operation.
• C) the business activity is an undertaking formed by the investors with the intention of making a profit.
• D) none of the above.

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Physical or digital passes that allow an individual access to watch a movie at a cinema or theatre.

Streaming Movies

The process of watching films over the internet in real-time, without downloading them.

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