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All main topics / Law / International Law / LAW
125
Don starts up E-Designs, a Web site design service, in a building owned by Earl. Their lease agreement provides that Don will pay Earl a base monthly rental of $250, plus 30 percent of the month’s profits. The term of the lease is two years.  Don hires Fran to work at the reception desk in E-Designs’ office. Don agrees to pay her an hourly wage of $8.00 plus a commission equal to 10 percent of the profits. Fran is to be paid twice a month. Don and Fran are

a. partners in a partnership for the term of the employment.
b. not partners, because Don must pay an hourly wage in addition to a share of the profits.
c. not partners, because Fran does not have an ownership interest or management rights in E-Designs.
d. not partners, because Fran receives a “base wage” of $8.00 per hour.
c. not partners, because Fran does not have an ownership interest or management rights in E-Designs.
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Flashcard info:
Author: Elisa
Main topic: Law
Topic: International Law
School / Univ.: Hanze Hogeschool
City: Groningen
Published: 14.02.2010

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