What was the result in Leoff v.S&J Land Co. ,the case in the text involving a land dispute and whether a partnership existed?
A) The appellate court upheld the lower court's decision that a partnership existed because the parties were involved in a type of joint venture.
B) The appellate court reversed the lower court's decision that a partnership existed because the plaintiff had never judicially admitted the existence of a partnership.
C) The appellate court upheld the lower court's decision that a partnership between the parties existed because the agreement between the parties provided for the sharing of profits and losses.
D) The appellate court upheld the lower court's decision that no partnership existed because,while the parties had an agreement regarding management,no partnership agreement existed.
E) The appellate court reversed the lower court's decision that no partnership existed because by completing a dissociation,the defendant admitted the existence of a partnership.
Correct Answer:
Verified
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