Solved

Usually the Sharing of Profits Is an Indication of a Partnership.In

Question 1

Multiple Choice

Usually the sharing of profits is an indication of a partnership.In which of the following situations will this be TRUE?


A) to pay the spouse of a deceased partner an annuity
B) to pay an employee as part of his or her remuneration
C) to pay the seller of a business an amount for goodwill varying with the profits
D) to repay a debt owed
E) none of the above

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents