Sam is interested in forming a partnership and is conducting research into partnership agreements. Based on...

Sam is interested in forming a partnership and is conducting research into partnership agreements. Based on his reading of his Business Law textbook, one of the following statements is not correct. Choose the statement that is INCORRECT

A. It is a good idea to create a partership through evidence in writing

B. the circumstances in which the partnership will be dissolved is an important matter and should be included in a contract creating a partnership

C. Even where parties clearly stake in a contract that they are not partners, a partnership can still be found to exist by the courts

D. Where parties stake in a contract that they are partners, this is conclusive evidence that a partnership has been created and the courts cannot find

Solutions

Expert Solution

Option D

Where parties stake in a contract that they are partners, this is conclusive evidence that a partnership has been created and the courts cannot find..

Rahul Sunny answered 1 year ago

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