In Zhou v. Bickley, Zhou helped Bickley start a motorcycle repair shop. When they got into a dispute later, the courts held that:
a. Zhou and Bickley were partners, so each was owed the fair market value of his share in the organization
b. Bickley was a partner but breached his duty to Zhou by not working, so could be fired from the partnership
c. Bickley was not a partner, he was an employee subject to wrongful dismissal and could sue for damages for that
d. Zhou and Bickley were not partners, Bickley owed Zhou for money received to start the business run byBickley
e. none of the other choices
d
You might also like to view...
A type of research design involving the one-time collection of information from any given sample of population elements is called ________
A) cross-sectional design B) longitudinal design C) horizontal design D) vertical design E) conditional design
Proxy solicitation for shareholder votes cannot be made by electronic transmission
Indicate whether the statement is true or false
Which of the following is not one of the five important sources of power in an organization?
A. lateral power B. legitimate power C. reward power D. referent power E. expert power
The physical presence test method of qualifying for the foreign-earned income exclusion requires the
A) presence in one foreign country for at least 330 full days during a 12-month period. B) presence in one or more foreign countries for at least 330 full days during a single tax year. C) presence in one or more foreign countries for at least 330 full days during a 12-month period. D) presence in one or more foreign countries for at least 330 consecutive full days during a 12-month period.