Certain high-technology components may not be exported to nations on the Export Controls List.The export broker for a manufacturer of such components could be held liable for any loss to the manufacturer as a result of
-The sharing of business profits is insufficient to indicate the existence of a partnership agreement.

Question

Quizplus · Accepted Answer

Sharing of business profits alone is not sufficient to indicate the existence of a partnership agreement. Other factors such as joint management and control of the business, sharing of losses, and contribution of capital are also considered.

Certain High-Technology Components May Not Be Exported to Nations on the Export