The least common form of business organization in the United States is the partnership.

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A partnership is a legal form of business organization in which two or more people share ownership and responsibility for the business. Partnerships are relatively easy to form and operate, and they offer a number of advantages, such as flexibility and tax benefits. However, partnerships also have some disadvantages, such as unlimited liability and the potential for conflict between partners. Despite these disadvantages, partnerships remain a popular form of business organization, especially for small businesses.

The Least Common Form of Business Organization in the United