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.
partnership
partnership
none
a corporation
I'm guessing its called a partnership business
partnership...
partnership
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.
more people owned their own cars
I'm guessing its called a partnership business
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.