Parity and spin of the $\Theta^+$ pentaquark in the $NN\to Y\Theta^+$   reaction at the threshold
  Spin observables of a binary reaction $1+2\to 3+4$ are discussed at the threshold in general form using P-parity and angular momentum conservation. General formulae for polarization transfer, spin-spin correlation parameters in the initial and final states and induced tensor polarization are derived for arbitrary spins of participating particles. This formalism is worked out in detail for the $NN\to Y\Theta^+$ reaction. Assuming that the spin of the pentaquark $\Theta^+$ takes the values 1/2, 3/2 and 5/2, whereas the spin of the hyperon $Y$ equals 1/2, explicite formulae are obtained for the observables in terms of few non-vanishing at the threshold spin amplitudes separately for the spin-singlet and spin-triplet initial NN states. In case of all particles in the $NN\to Y\Theta^+$ reaction have the spin-1/2 a full spin-structure for totally polarized cross sections is derived. Some of the obtained spin observables strongly depend on the intrinsic P-parity of the $\Theta^+$ and the total isospin of the reaction. Therefore, a measurement of these observables allows one to determine the P-parity of the pentaquark $\Theta^+$ in a model independent way for any spin of the $\Theta^+$. 
Yu. N. Uzikov (JINR, Dubna, Russia)