Examlex

Solved

Amina,Bill,and Connor Carried on Business in Partnership as Hardware Merchants

question 12

True/False

Amina,Bill,and Connor carried on business in partnership as hardware merchants.Bill,who did most of the purchasing of stock for the partnership,would occasionally purchase (using his own money)an extra quantity of some items that could readily be sold to consumers.He would use the truck owned by the business on the weekends to travel to his cottage where he would sell the items to cottage owners in the area of his own cottage.Amina and Connor were unaware of Bill's actions,as B had not revealed his weekend business activity to either Amina or Connor.
-Because Bill was not selling the goods in the area where Amina,Bill,and Connor carry on business,he is entitled to keep his profits.


Definitions:

Evolutionary Psychology

An approach in psychology that examines the ways in which human psychological traits and behaviors have been shaped by evolutionary processes.

Behavior Patterns

Repeated sets of actions or reactions exhibited by individuals in response to particular situations or stimuli.

Social Script

Preset, culturally understood sequences of behavior or events in a specific order, guiding interactions and expectations in social situations.

Uncommitted Sex

Sexual activities that occur without the expectation of establishing or within the context of a committed relationship.

Related Questions