Bob and John pooled their funds and purchased materials and equipment needed to make widgets. Bob made the widgets, and John sold them in the business district of the city. Each week they split the profits from the week's sales. They adopted no name for their venture, had no express agreement, and filed no notice of doing business. a. Since Bob and John adopted no name for their venture, they are not partners.
b. Bob and John are partners in their business.
c. Since Bob and John have no express agreement, they are not partners.
d. Since Bob and John have no express agreement as to the management of the business, they are not partners.
e. None of the above