An organization or venture must have a ________ motive in order to qualify as a partnership

Name: An organization or venture must have a ________ motive in order to qualify as a partnership
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Question

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A partnership is a business structure formed between two or more individuals who share profits and losses. Therefore, the primary motive of a partnership is to generate profit. Options A, B, and D do not fit the definition of a partnership, as they do not necessarily require the sharing of profits and losses.

An Organization or Venture Must Have a ________ Motive in Order