partnership
none
a corporation
The term that refers to a business owned by two or more people is "partnership." In a partnership, the owners share the profits, responsibilities, and liabilities of the business according to the terms of their partnership agreement. Partnerships can vary in structure, including general partnerships and limited partnerships, depending on the level of involvement and liability of each partner.
When a business is owned by two or more people, it is called a partnership. In a partnership, the owners share the profits, losses, and responsibilities of the business. There are different types of partnerships, such as general partnerships where all owners have equal responsibility, and limited partnerships where there are both general partners and limited partners with different levels of liability.
partnership
Partnership
none
a corporation
A business owned by two of more people is called a partnership. There are general, limited, and limited liability types of partnerships.
partnership...
It could be a Partnership, or a Corporation or Limited
The term that refers to a business owned by two or more people is "partnership." In a partnership, the owners share the profits, responsibilities, and liabilities of the business according to the terms of their partnership agreement. Partnerships can vary in structure, including general partnerships and limited partnerships, depending on the level of involvement and liability of each partner.
The three types of business entities are a sole proprietorship, a partnership, and a corporation. A sole proprietorship is owned by one person, a partnership is owned by two or more people, and a corporation is a business entity separate from its owners.
When a business is owned by two or more people, it is called a partnership. In a partnership, the owners share the profits, losses, and responsibilities of the business. There are different types of partnerships, such as general partnerships where all owners have equal responsibility, and limited partnerships where there are both general partners and limited partners with different levels of liability.
Partnership: A partnership is a business owned by two or more people. In most forms of partnerships, each partner has unlimited liability for the debts incurred by the business. The three typical classifications of for-profit partnerships are general partnerships,
A firm jointly owned and run by two or more people who share profits and losses is a partnership.