Harold and Zack have pooled their money together to buy real estate but have filed no formal papers to form a business.Harold,a lawyer,handles all the legal matters and Zack,a real estate broker,finds buyers for the property they have subdivided.Harold and Zack are engaged in a:
A) partnership.
B) close corporation.
C) joint venture.
D) business trust.
Correct Answer:
Verified
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