Oslo and Faraya want to form a partnership. Oslo is very ill and they verbally agree that Faraya can continue the business after his death. What type of agreement should they execute in order to ensure that Faraya can keep the partnership property and carry on the business after Oslo's death?
A) Contingent agreement.
B) Honorable agreement.
C) Continuation agreement.
D) Post-death agreement.
E) There is no such agreement.
Correct Answer:
Verified
Q70: [Drone Debacle] Bruno and Martin run Skyview,
Q71: Pietro and Avana have a partnership importing
Q72: If the bank loan cannot be paid
Q73: [Candy Company] Milton, Ava, and Hiro own
Q74: [Candy Company] Milton, Ava, and Hiro own
Q76: [Software Dispute] Cole, Kyra, and Morton are
Q77: [Parental Involvement] Lexie and Fernando, both artists,
Q78: Which of the following is true about
Q79: In which phase during the life of
Q80: [Software Dispute] Cole, Kyra, and Morton are
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents