Forming a Partnership Flashcards
(2 cards)
1
Q
What is a General Partnership?
A
Requires:
1) Two or more person
2) As co-owners
3) With intent to own a business for profit
No need for subjective intent!
2
Q
A
What is a General Partnership?
Requires:
1) Two or more person
2) As co-owners
3) With intent to own a business for profit
No need for subjective intent!