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

I'm guessing its called a partnership business


What is L.P. at the end of a business name?

Limited Partnership. Sometimes called Limited Liability Partnership, or LLP.


What is a business of two or more owners?

This would be called a partnership.


Another name for a business owner?

If a business is unincorporated and owned by one person, that person is also called a sole proprietor. Shareholders are the owners of businesses of any size that do business in the corporate form. An owner in an LLC is called a member.


What is A group of people given the task of running a business is called a?

A board of directors? A partnership?


What is a legal arrangement where two or more people share ownership of a business called?

partnership


What is it called when a business is owned by two or more people?

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.


What was hoover's vision of partnership between private business associations and government?

he called it the "Associative State"


What is it called when two people own a company?

sis infact a two people business is called a partnership.no when two people own a business it is called a businesship.a businesship not a pantership yes partnership


Meaning of partnership firm?

Partnership is "The relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all". Hence the persons who form the partnership are called 'partners' individually and a 'Firm' collectively


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.


What is it called when a number of people share the ownership of a businss?

When a number of people share the ownership of a business, it is called a partnership or a corporation, depending on the structure. In a partnership, two or more individuals manage and operate the business together, sharing profits and responsibilities. In a corporation, ownership is represented by shares, which can be held by many shareholders. Both structures allow for shared ownership and collaboration in managing the business.