Answered
Which of the following examples of sharing of profits could constitute evidence of the existence of a partnership?
A) Pablo, a photographer who sets up photoshoots, gives his friend Olita, who is learning the business, $100 for "helping him out" on the photoshoots.
B) Pablo, a photographer, gives his friend Olita, who owns a building, $500 for letting him use an apartment for his photoshoots.
C) Pablo, a photographer, gives Olita $500 from the fees of a photoshoot, to repay a loan.
D) After Pablo's photography partner dies, Pablo gives Olita, the partner's widow, $100 a month out of respect for Sander.
E) Pablo and Olita, two photographers, split the fees obtained at their photoshoots.
On May 08, 2024