IDNLearn.com offers a unique blend of expert answers and community-driven knowledge. Our experts provide timely and precise responses to help you understand and solve any issue you face.
Sagot :
The fact that indicates that They are in a partnership is the fact that Philip owns 30 percent share in this business.
What is a partnership?
Partnership can be defined as the type of business where by two people or more are joint owners of a business.
The people that are in a partnership usually share in the expenditures of the business, the debts and also the obligations.
Read more on partnership here:
https://brainly.com/question/25012970
Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. Accurate answers are just a click away at IDNLearn.com. Thanks for stopping by, and come back for more reliable solutions.