$6,000 Investment with 20% Claim...?
Help...I need your thoughts and ideas on this...I had a business partner give me 6,000 with the agreement he would yield 20 percent of all current and future profits. He would give me 3 years to get going...no re payment of loan....Is 20 percent to much of a stake in a $6,000 investment? He is a silent partner, not putting any work into this idea ...Other than a legal zoom document that was never notarized there is nothing else in writing ...help ..how do I get out from under this? I think this is way to much of a stake to claim on a 6,000 investment ...
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