Partnership is born out of contract and not status" . Explain.
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Q: Revised Uniform Partnership Act
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Q: 27. Are partners considered employees or are they self- of a partnership employed?
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Q: A and B form the equal AB partnership. A is a cash basis individual taxpayer and B is an accrual…
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- Compare and contrast a general partnership to a sole proprietorship.I need answer typing clear urjent no chatgpt plz pls explain all Contracts entered by a public company after obtaining the certificate of incorporation, but before getting the certificate to commence business are termed as: a. Preliminary agreements b. Contracts at arm's length c. Pre-incorporation contracts d. Provisional contractsDescribe w hat are the key elements required to establish a contingent contract?"
- What is the effect of a merger agreement consummated in violation of the requirements on mandatory notice to the Philippine Competition Commission? A. The merger shall be unenforceable B. The merger shall be voidable C. The merger shall be rescissible at the instance of the Commission D. The merger shall be voidDiscuss the various duties, responsibilities, and liabilities of the Principal-Agent (employer-employee) relationship.Was it good for Jacoby, Meyers, and Koff to set up a general partnership for their Jacoby & Meyers law firm?
- what does it means to be a “remainderman” of a life estate interest. Can this interest be sold?1. explain sole proprietorship type of business and it's advantagesLate one evening Charles and Henry are discussing the purchase and sale of $2,500 of coffee shop equipment after entrepreneurship class. They are in the classroom when Henry writes their agreement on the classroom whiteboard and both Henry and Charles sign it on the whiteboard. Discuss if this whiteboard document is sufficient to provide a binding written agreement?