Refer to Fact Pattern 13-1

Refer to Fact Pattern 13-1. If Jeanette decides to go into business with her friend Maia, Richard suggests that the two establish a partnership to carry on their business. If they do, this means both:

A) are co-owners of the business
B) share control over the profits of the business
C) have limited liability for the debts of the business
D) are co-owners of the business and share control over the profits of the business
E) are co-owners of the business and share control over the profits of the business and have limited liability for the debts of the business