If a person receives a share of the profits of a business, it is assumed she is a partner.
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Q3: Unlike the Revised Uniform Partnership Act (RUPA),
Q4: The existence of an at-will partnership would
Q5: The mercantile theory of the law merchant
Q6: The fictitious names statutes in most states
Q7: All states have adopted the Revised UPA.
Q9: No agreement is necessary to form a
Q10: The Uniform Partnership Act (UPA) and the
Q11: Partnerships are not taxable entities and so
Q12: It is possible to become someone's partner
Q13: The UPA allows partnerships to own property.
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