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QUESTION

Application to Violet: Busy Bee Florist Shop meets definition of Partnership (s 1) Arrangement with Violet has elements of:

Application to Violet:

 Busy Bee Florist Shop meets definition of Partnership (s 1)

 Arrangement with Violet has elements of:

o Co-ownership

o Sharing of profit/losses

 Facts near identical to Re Megavand

 Conclusion: Violet likely to be considered a partner

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