Final answer:
A partnership does not always have to be constituted in writing, but it is generally recommended to have a written partnership agreement to avoid misunderstandings and disputes.
Step-by-step explanation:
In business, a partnership does not always have to be constituted in writing. While it is generally recommended to have a written partnership agreement to avoid misunderstandings and disputes, oral agreements can also be legally binding in some cases. However, it is always better to have a written agreement to clearly outline the terms and conditions of the partnership, including the roles, responsibilities, and profit-sharing arrangements of the partners.