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Which term refers to a business owned and controlled by two or more people?

partnership...


What is a business owned by to or more people?

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 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.


Why did railroads loose business?

more people owned their own cars


What is a business owned by 2 or more people called?

I'm guessing its called a partnership business


Railroads lost business because?

more people owned their own cars


What are the forms of private business ownership?

· Franchises o A business which has bought the right to trade under an established name · Sole Traders o Owned, controlled and financed by one person · Co-operatives o Groups of people who enter business and share the benefits § Consumer Co-operatives § Producer Co-operatives § Worker Co-operatives · Public Limited Companies (PLCs) o Minimum of 2 but no maximum number of shareholders · Private Limited Companies o Owned, financed and controlled by between 2 and 50 shareholders · Partnerships o Owned, financed and controlled by 2 or more people


What type of business is owned by two or more people?

It could be a Partnership, or a Corporation or Limited


What are the three types of business entities and how do they differ?

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.