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Which of the following statements is an inaccurate description of a partnership? A. A partnership is not legally required to have a written partnership agreement. B. Every partner is liable without limit for the debts of the partnership (except in the case of a registered limited partnership). C. A partnership can only be formed by certain trades, occupations or professions such as lawyers and accountants. D. A partnership is the relation which subsists between persons carrying on a business in common with a view of profit. |