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Which of the Following Is a Necessary Condition for a Partnership

Question 39

Multiple Choice

Which of the following is a necessary condition for a partnership by estoppel?


A) The assent of both parties in the partnership
B) A representation to a third party that there is in fact a partnership
C) The reduction of the partnership agreement in writing
D) The sharing of profits between both partners
E) The sharing of ownership equally among all parties

Correct Answer:

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