Kathy and John Decide to Form a Partnership to Sell

question 21

Multiple Choice

Kathy and John decide to form a partnership to sell fish food to local fish farms for the next five years. To be enforceable under the Statute of Frauds, the partnership agreement

• A) must be signed by a notary public.
• B) must be in writing.
• C) must be oral.
• D) cannot involve a third party.

---

Definitions:

Line Of Best Fit

The line of best fit, in statistics, is a straight line drawn through the center of a group of data points on a scatter plot, used to describe the relationship between variables and predict future data points.

Data Points

Individual pieces of factual information recorded and used for the purpose of analysis.

Scientific Method

A systematic process used for investigation, including observation, hypothesis formulation, experimentation, and conclusion.

Tentative Explanation

Tentative explanation refers to a provisional theory or hypothesis proposed to interpret or solve a problem, subject to further investigation and testing.