A business formed by two or more individuals or entities is called a(n):
A) Corporation.
B) Sole proprietorship.
C) Partnership.
D) Closed receivership.
E) Open structure.

Question

Quizplus · Accepted Answer

A partnership is a business structure in which two or more individuals or entities manage and operate a business in accordance with the terms and objectives set out in a Partnership Deed.

A Business Formed by Two or More Individuals or Entities