Michelle and Margaret agree to form a partnership called "Double M." The partnership contract between Michelle and Margaret must be in writing in order to be enforceable in the courts.

Question

Quizplus · Accepted Answer

The Uniform Partnership Act, which governs partnerships in many jurisdictions, does not require a partnership agreement to be in writing to be enforceable. Partnerships can be formed through oral agreements or even through the actions of the parties involved.

Michelle and Margaret Agree to Form a Partnership Called "Double