According to the Uniform Partnership Act,the Three Key Elements of Any

Multiple Choice

According to the Uniform Partnership Act,the three key elements of any general partnership are:

A) A board of directors,a written partnership agreement,and a well-defined product or service.
B) Two owners,an adequate financial base,and a written statement describing the manner in which profits and losses will be divided.
C) Common ownership,shared profits and losses,and right to participate in management.
D) Common stock,a board of directors,and a statement of limited liability.