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.
I'm guessing its called a partnership business
a corporation
partnership
partnership
none
I'm guessing its called a partnership business
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
partnership
Partnership
none
more people owned their own cars
partnership...
more people owned their own cars
It could be a Partnership, or a Corporation or Limited
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.