Question

What is the intent of carrying bus as co's - PA, implied or express - SOF less one year - Extensive activity - Profit sharing?

1) Intent to carry bus as co's - PA
2) Intent to carry bus as co's - implied
3) Intent to carry bus as co's - express
4) Intent to carry bus as co's - SOF less one year
5) Intent to carry bus as co's - Extensive activity
6) Intent to carry bus as co's - Profit sharing

Answer 1

The intent of carrying a business as a company can have various aspects: partnership, implied, express, short-term, extensive activity, and profit sharing.

Step-by-step explanation:

The intent of carrying a business as a company (co) can have various aspects. Let's break down each option mentioned:

1. Intent to carry bus as co's - PA: This refers to the intent to carry the business as a partnership, where multiple individuals come together to run the business and share profits.
2. Intent to carry bus as co's - implied: Implied intent means that the intention to carry the business as a company is not directly mentioned but can be understood from the situation or actions of the parties involved.
3. Intent to carry bus as co's - express: Express intent means that the intention to carry the business as a company is explicitly stated or expressed in an agreement or contract.
4. Intent to carry bus as co's - SOF less one year: This refers to the intent to carry the business as a company for less than one year, indicating a short-term business venture.
5. Intent to carry bus as co's - Extensive activity: This suggests that the intent is to engage in a business that involves significant or extensive activity.
6. Intent to carry bus as co's - Profit sharing: This indicates the intention to carry the business as a company with the purpose of sharing profits among the stakeholders.

Each option represents a different aspect of intent in carrying a business as a company and can be chosen based on the specific goals, circumstances, and agreements made between the parties involved.