The rights of partners are determined by the partnership agreement, which must be written to comply with the statute of frauds

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The statute of frauds requires certain contracts to be in writing to be enforceable, but a partnership agreement can be oral or written unless specific conditions necessitate a written agreement (e.g., if the partnership agreement involves transactions covered by the statute of frauds, such as agreements that cannot be performed within one year). The rights of partners can be determined by an oral agreement unless a written document is specifically required by law for the type of agreement in question.

The Rights of Partners Are Determined by the Partnership Agreement