Adams Was Approached by a Mr

question 45

Multiple Choice

Adams was approached by a Mr.McCarthy of XYZ Co.,who requested that Adams pay $10 000 to extinguish a debt owed by the partnership of Adams and Jefferson.Adams denied the partnership and the liability.In asserting his claim,McCarthy cited the following facts,all of which he could prove.Which of these facts is the strongest evidence of the existence of a partnership?

• A)Adams and Jefferson co-owned property.
• B)Adams and Jefferson shared gross returns from a business.
• C)Adams and Jefferson worked together for a non-profit charity.
• D)Adams received a commission from Jefferson based on the sale price of the goods sold by Adams for Jefferson.
• E)Adams and Jefferson shared the profits from a business.

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Definitions:

Progression of Withdrawal

The theory describing stages through which an employee goes leading up to resignation, starting from minimal engagement to complete disengagement.

Managers

Individuals in an organization responsible for directing and overseeing the work of a group of people.

Normative Commitment

Commitment based on ideology or a feeling of obligation to an organization.

Satisfying Work

is work that provides fulfillment and contentment, often associated with meaningful tasks, recognition, and a positive work environment.