Answered

Welcome to Westonci.ca, your one-stop destination for finding answers to all your questions. Join our expert community now! Explore our Q&A platform to find in-depth answers from a wide range of experts in different fields. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

Is the following scenario a partnership? Agreeing to operate an online store to sell gidgits with two people who contributed the
necessary investment capital.
Ο Νο
OYes

Sagot :

Answer:

Yes

Explanation:

The partnership is an agreement made between two or more people in order to share the profit and losses in their profit sharing ratio

Since in the question it is mentioned that the online store is to be opened between two people who wants to contribute the required investment capital

So this situation represent the partnership

Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.