Question regarding partnership agreement and contract

Assignment Help Business Law and Ethics
Reference no: EM13824781

Problem:

Kuli owned a tobacco farm and entered into an agreement with Magory whereby Magory would work the land for Kuli for a year; be given possession of a house on the land during that period; receive from Kuli half the necessary supplies for the land and provide the other half himself; and market the crop and give half the proceeds to Kuli. Were Kuli and Magory partners? - If not what type of arrangement was it?

Additional Information:

This question is belongs to Law as well as it discusses regarding an agreement which seems like partnership agreement. A person assigns work to another person in land with situations. The difference between partnership agreement as well as a regular business contract have been stated in the solution in detail.

Total Word Count 286

Reference no: EM13824781

Questions Cloud

Problem regarding the corporate legal entity of company : Arthurs, Boulez and Coombes were the directors and sole shareholders of Driftwood Products Limited. After several years of hard work and considerable success, all three decided to take a vacation together and leave their office manager in charge o..
What is its net working capital : A firm has current assets of $36,000, cash of $5,000, current liabilities of $20,000, total assets of $80,000 and total liabilities of $45,000, what is its net working capital
Write an essay about the story The Tell-Tale Heart : Write an essay that is a Subjective Literary Analysis of Edgar Allan Poe's short story, "The Tell-Tale Heart". This short story belongs to the horror/mystery genre of fiction.
Marketing strategies for a new market segmentresources : You are working in the marketing department of a health care organization that seeks to increase penetration in the Hispanic market segment. You need to decide if it would be better to market a new line under a new brand name, or use the existing bra..
Question regarding partnership agreement and contract : Kuli owned a tobacco farm and entered into an agreement with Magory whereby Magory would work the land for Kuli for a year; be given possession of a house on the land during that period
Which of the following isolated events will not change : A firm has $100 of average inventory, operating profit of $500 and sales of $1,500. Its days in inventory is: Which of the following isolated events will NOT change the quick ratio for a manufacturer
Marketing principles : Identify and describe a potential ethical dilemma that a marketer might face when segmenting a market. How might this concern be appropriately addressed given the need to satisfy stakeholders whose requirements may often be in conflict? The person re..
Question regarding cancellation of contract : On July 2, Curran, a sales representative for the Bright Lighting Company, obtained a written order from Watts for a generator suitable for his farmhouse.
Measures the days required to produce finished goods : The cash cycle measures the days required to produce finished goods or delivered services

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  What is the difference between a team and a group

What is the difference between a "team" and a "group"?

  Write a report on the section of the whs legislation

Write a report on the section of the WHS Legislation you have selected

  How do the main components of the criminal justice system

How do the main components of the criminal justice system interrelate with one another? How do the main components of the criminal justice system conflict with one another

  A powerful city court magistrate engages in a number of

a powerful city court magistrate engages in a number of questionable activities while on duty. a list of some of the

  Describe the key functions that joint commission provides

Conduct some independent research, and in a 2 page Word document, describe the key functions that The Joint Commission provides to healthcare organizations as well as its purpose to the medical community in general

  Pros and cons of mediation arbitration and litigation

Alternative Dispute Resolution Assignment. Compare the pros and cons of mediation, arbitration, and litigation. Include a discussion of how each has traditionally been used, and which method works best for which circumstance

  Provide the recommended format for a basic office legal

detail ways that an office memo may be used in a law office as well as its importance throughout the litigation

  Compare and contrast open and closed prison systems in

compare and contrast open and closed prison systems. in your opinion which organizational system is the more effective

  Do you agree that inmates should have the right you have

choose one of the legal rights of inmates listed in corrections an introduction. compare and contrast that right to

  Define what intermediate sanctions are and why we use them

Distinguish the differences among the types of sanctions. Intermediate sanctions are used to keep offenders out of our overcrowded U.S prisons, and are a much less costly option than traditional imprisonment. Define what intermediate sanctions are ..

  Explain entrepreneurial legal liability

Explain Entrepreneurial legal liability and Which party is liable for the remaining rental payments

  Technology used in policingmiddotissues of homeland

prepare a 1050- to 1400-word paper explaining critical issues in policing. address the following key aspects of

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd