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Which of the following statements best describes a partnership? 0 Partnership involves two or more persons carrying on business with a view toward prots. 0

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Which of the following statements best describes a partnership? 0 Partnership involves two or more persons carrying on business with a view toward prots. 0 Partnerships are only created when they have been properly registered with the government. 0 Partnerships are created when two or more persons specically agree to be in partnership. 0 Partnerships involve limited liability. O Partnerships are like any other form of contract; they can only be created when there is consensus between the parties in the form of offer and acceptance to that effect

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