Manage unincorporated dress boutique owned by wilma

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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?

Reference no: EM131422946

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Manage unincorporated dress boutique owned by wilma : 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, ..

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