Jones and Williams signed a written agreement to operate an Out-patient Open MRI Center. This contract required Williams to furnish the MRI machine and Jones to provide the location for the machine. These parties agreed to share the profits or losses equally. Their agreement specifically stated that the parties were not partners, but that Williams was leasing the space to house the MRI machine from Jones.
Are these parties actually partners? Explain with detail why or why not these parties have entered into a partnership?