Sophia is hired to manage an unincorporated dress boutique, Ask an Expert

Management Studies

Sophia is hired to manage an unincorporated dress boutique owned by Wilma. The two agree that Sophia will receive one-third of the net profits to be paid to her on a monthly basis. Is Sophia a partner? If the boutique has a loss instead of a profit, would Sophia have to share the loss?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92232727

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