Abby starts up Bowls Bistro to serve and sell soups for workday lunches. Abby leases space in an office building owned by Carmen. The lease requires Abby to pay Carmen a base rental of $1,250, plus 10 percent of Bowls Bistro's profits, each month. The term is two years. Abby hires Devin to take and fill customers' orders at an hourly wage of $15.00, plus tips. ?Abby and Devin are
A) not
partners, because Devin does not have an ownership interest or management rights in Bowls Bistro.
B) not partners, because the pay includes an hourly wage.
C) not partners, because the pay includes only 10 percent of the profits.
D) partners in a partnership.
A
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You plan to borrow $35,000 at a 7.5% annual interest rate. The terms require you to amortize the loan with 7 equal end-of-year payments. How much interest would you be paying in Year 2?
A. $1,994.49 B. $2,099.46 C. $2,209.96 D. $2,326.27 E. $2,442.59
What is true regarding the development of the main points of your presentation?
a. The main points run through the introduction, body, and conclusion. b. Five is the ideal number of main points. c. Each main point should be worded in a detailed, comprehensive manner. d. The main points are organized using organizational patterns.
Compound questions, such as "Do you read books and magazines?"
All of the following are ways in which Kenneth Chenault improved American Express except:
a. offering new features b. reconceptualizing the basic branding concept c. creating new types of cards d. signing up mass market retailers, including Wal-Mart e. offering new loyalty programs