Helen and George formed an equal partnership for the raising of flowers to sell at the county fair.After three seasons of mediocre results,George lost interest and only came around to "see how things were going." However,the fourth summer went very well for Helen and she made a large profit.Can George now claim half the profits?

Question

Quizplus · Accepted Answer

In a partnership, unless explicitly dissolved by the partners or through legal action, it remains in effect. George's lack of participation does not automatically dissolve the partnership, so he is still entitled to his share of the profits as per the original agreement.

Helen and George Formed an Equal Partnership for the Raising