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30. Takahiro Yamashita and Shintaro Matsuda agree to operate a grocery store and to split the profits from the store. They never sign a formal

30.

Takahiro Yamashita and Shintaro Matsuda agree to operate a grocery store and to split the profits from the store. They never sign a formal written partnership agreement. Are Takahiro Yamashita and Shintaro Matsuda partners?

Group of answer choices

A No, because they do not have a partnership agreement that is in writing.

B No, because they are not co-owners of a business for profit.

C No, because they are not carrying on the type of business that may be conducted in the form of a partnership.

D Yes, in all likelihood.

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