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Carl and Christine Decided to Open a Small Food Joint

question 62

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Carl and Christine decided to open a small food joint together by investing capital and sharing the profits. However, Christine chose not to participate in the day to day activities of the food joint and Carl was singularly liable to any losses that their food joint made. It can be said that a _____ was formed by Carl and Christine.


Definitions:

Delegated Powers

Powers that are explicitly given by the Constitution to the federal government or its branches, allowing it to perform its duties.

Constitution

Core principles or established precedents that form the basis of governance for a state or any organization.

Congress

The national legislative body of a country, typically consisting of two houses: the Senate and the House of Representatives in the United States.

Pocket Veto

A legislative maneuver by which a president or governor may indirectly veto a bill by taking no action on it, and if Congress adjourns during the time allowed for the bill's signing, the bill dies.

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