Assertion (A): Partnership is formed by an agreement which may be oral or in writing.
Reason (R): It is always advisable to have written partnership agreement to avoid all kinds of disputes which may arise in future.
(A) Both A and R are true, R is the correct explanation of A.
(B) Both A and R are true, but R is not the correct explanation of A.
(C) A is correct, but R is incorrect.
(D) A is incorrect, but R is correct.