Ann and Susan want to enter into a partnership business,having a term of five years,of selling used cars.They have to prepare a partnership agreement in writing to be enforceable under the statute of frauds.

Question

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Although a partnership agreement is not required to form a partnership,it is highly desirable for the same reasons that written contracts are generally preferred.In addition,the statute of frauds requires a writing for a partnership having a term of a year or more.

Ann and Susan Want to Enter into a Partnership Business,having