Payment for Which of the Following Fails to Establish a Partnership

question 93

Multiple Choice

Payment for which of the following fails to establish a partnership?

• A) A debt
• B) An annuity to a widow or representative of a deceased partner
• C) Payment from the sale of goodwill of a business or other property
• D) Payment of interest on a loan
• E) All of these

---

Definitions:

Permissible Searches

Searches allowed by law, particularly under the Fourth Amendment of the U.S. Constitution, which guards against unreasonable searches and seizures.

New Technology

Refers to the latest advancements and innovations in various fields like information technology, biotechnology, and engineering.

Confederal

A form of government where various states or entities join together for common purposes but maintain substantial independence and sovereignty.

Federal

Pertaining to a system of government where power is divided between a central authority and constituent political units, such as states or provinces.