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Question
Desi starts up eSites, an Internet service, and leases office space in a building owned by Fred. The lease requires Desi to pay Fred a base rental of $1,250, plus 10 percent of eSites' profits, each month. The term is two years. Desi hires Gwen to work at eSites' tech support desk at an hourly wage of $12.50, plus a commisÂsion of 10 percent of the profÂits. The term is also two years.Desi and Fred are
a. not partners, because Fred does not have an ownership interest or manageÂment rights in eSites.
b. not partners, because the lease includes a "base rental."
c. not partners, because the rent includes only 10 percent of the profits.
d. partners in a partnership for two years.
Answer
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