Question

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

Answer 1

Yes

Step-by-step 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