Having just passed the bar examination, Thomas and Millicent have decided to open their own law partnership in Detroit, Michigan. It will be a general services firm, with Thomas and Millicent practicing in many different areas of the law. The young lawyers hope the practice will be successful (for now, though, it will just involve the two of them), and they would like to operate the partnership together for their entire careers. Thomas and Millicent have a(n) _____.

Multiple Choice

• limited partnership

• equitable partnership

• partnership by estoppel

• partnership at will