Which of the Following Statements Is True of the Formation

Which of the following statements is true of the formation of partnerships?

A) Partnership accounting systems are the least expensive of all the business forms.
B) The partnership form generally requires a number of annually recurring events such as state filings or statutorily mandated meetings of owners.
C) The vast majority of partnership agreements are written.
D) The co-owners of a partnership must intend to join in the sharing of risks and rewards via the active conduct of business.