Bayside Marina Company and Canoes & Kayaks Inc.,share officers,directors,employees,property,and equipment.In reliance on Bayside Marina's reputation,Delivery Transport,Inc.,contracts to perform services for Canoes & Kayaks,but the firm does not pay.In terms of liability to Delivery Transport,a court is most likely to treat Bayside Marina and Canoes & Kayaks as
A) a pass-through entity.
B) a natural person.
C) a tax-paying entity.
D) a partnership by estoppel.
Correct Answer:
Verified
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