Which of the following is TRUE?

Neither RUPA nor UPA recognize partnership by estoppel.

Partnerships by their very nature must be evenly split. Meaning, if a partnership has three partners, they each must share in the profits evenly, 33.3% each.

A partnership cannot be formed by an oral agreement alone; a signed written document by the partners is required.

Partnerships are not free to select any name not used by another partnership.