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A firm jointly owned and run by two or more people who share all profits and losses is a?
A firm jointly owned and run by two or more people who share profits and losses is a partnership.
What is a business owned by two or more people?
partnership
Which type of business is owned by two or more people?
Partnership
What is a business owned by two or more people called?
a corporation
What business is owned and controlled by two or more people?
none
What is a business owned by two or more person?
A business owned by two of more people is called a partnership. There are general, limited, and limited liability types of partnerships.
Which term refers to a business owned and controlled by two or more people?
partnership...
What is it called when a business is owned by two or more people?
A business that is owned by 2 or 20 people is called a partnership. A business that is owned by 2 or 50 people is called a private company and a business that is owned by unlimited number of people is called a public company.
What type of business is owned by two or more people?
It could be a Partnership, or a Corporation or Limited
Is a joint owned house in an estate?
No. Real property owned by two (or more) people as joint tenants passes automatically to the surviving joint tenant upon the death of the other.
What is the difference between sole proprietorship partnership joint stock company?
A sole proprietorship is owned and ran by one person, a joint partnership is owned and ran by two or more people equally, and a stock company is owned by stockholders and ran by a CEO.
This type of business organization has one or more individuals sharing in profits?
A partnership is a business where two or more people come together to start and run a business. Some of the attributes of this type of business is that two or more people share in the profits and losses.
