Anita is hired as head of the sales team of an unincorporated dress boutique solely owned by Betty. The two agree that Anita will receive one-third of the net profits, which amount is to be paid to her on a monthly basis. Is Anita a partner? If the boutique has a loss instead of a profit, would Anita have to share the loss? Explain.

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The Answer of Anita is hired as head of the sales team of an unincorporated dress boutique solely owned by Betty. The two agree that Anita will receive one-third of the net profits, which amount is to be paid to her on a monthly basis. Is Anita a partner? If the boutique has a loss instead of a profit, would Anita have to share the loss? Explain.

Anita Is Hired as Head of the Sales Team of an Unincorporated