Match the essential feature of partnership with its description:

  Column A   Column B
1 Two or More Persons a Result of an agreement
2 Agreement b The minimum number of partners is two
3 Mutual Agency c Unlimited liability (Implied by no separate legal entity and sharing risks)
4 Liability of Partners d Each partner is both principal and agent

1
1-a, 2-b, 3-d, 4-c
2
1-b, 2-a, 3-d, 4-c
3
1-a, 2-b, 3-c, 4-d
4
1-b, 2-d, 3-a, 4-c

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